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Pegula dethrones Swiatek to book Cincy final against Gauff
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Austrian mountain town finds niche in AI boom
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South Korean survivor fights for workplace harassment 'justice'
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Messi scores but Miami slump continues with loss to Toronto
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Starc strikes as Bangladesh struggle to stay alive in 2nd Test
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Sydney marathon unveils medal with wrong stadium
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Prince Harry: royal misfit making unlikely UK return
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Macron hosts Saudi's MBS for visit ranging from esports to Mideast
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Blowing in the wind, humble balloon gets green makeover
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Australia in control with 146-run first innings lead over Bangladesh
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Pegula dethrones Swiatek to reach Cincinnati final
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World No. 3 Pegula beats defending champ Swiatek to reach Cincy final
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IndyCars zip among iconic Washington landmarks ahead of Freedom 250
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Wyndham Clark surges clear at BMW Championship
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Real Madrid snatch late win at Espanyol on Mourinho's return
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Maresca says Man City must fill Rodri void after Barca switch
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Real Madrid beat Espanyol in Mourinho's first game on return
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Canada retaliates as trade war with US escalates
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Olise helps Bayern past Dortmund in German Supercup
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Fils dominates Cobolli to book Cincinnati final
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Coach Rennie hails clinical All Blacks after Springboks Test win
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Spurs lacked fight in dismal defeat at Brentford says De Zerbi
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Charlton deliver blow to 'under pressure' Hammers boss Nuno
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Inter thrash Monza to launch Serie A title defence
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Carrick keeps calm despite Man Utd misery, big-spending Spurs crushed
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Shambolic Spurs battered by Brentford
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Canada's Carney stands up to Trump, despite risks
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Pogacar wins Vuelta a Espana opening stage
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Lens hammer Auxerre thanks to Thauvin penalty double
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Clinical New Zealand shock wasteful South Africa in first Test
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No singles for Serena, but she joins Alcaraz for US Open
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Canada hits back with new tariffs after trade talks with US fail
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Joao Pedro extends Chelsea stay with new long-term deal
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Swedish police identify 17-year-old girl as victim in school sword attack
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Yamaguchi to face An in hunt for fourth badminton world crown
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Carrick keeps calm despite Man Utd misery, Sage beaten in first game as Palace boss
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Norris clinches pole for Dutch GP
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France to deliver interceptor missiles to Ukraine after new Russian strikes
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Norris clinches pole for Dutch Grand Prix
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Serena Williams and Alcaraz unite in US Open mixed doubles
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Pope Leo calls for courage in Rimini visit after stop in tiny San Marino
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Macron pledges air defence as 13 killed in Russia, Ukraine strikes
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Man Utd must learn from 'frustrating' defeat at Hull: Carrick
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DR Congo capital wary of Ebola nightmare
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Yamaguchi on course for fourth badminton world crown
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Swedish police name 17-year-old girl as victim in school sword attack
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Man Utd humiliated by Hull in dismal start to Premier League season
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South Korea sends first container ship through Arctic route
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Anthropic market debut could break SpaceX IPO record: media
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Trescothick eager to keep England job despite Hussey approach
Elektros Highlights Total Addressable Market of $14.3B Across Key Off-Grid Energy Storage Segments
Elektros (OTC PINK:ELEK), a leader in electric mobility and lithium mining, highlights total addressable market for off-grid energy storage demand for US, and South Florida region.
Emergency Response Infrastructure Mobile command centers and temporary medical facilities. 35% CAGR, projected revenue of $1.8B by 2025. Average unit needs 50-75 kWh storage, consuming 35-55 kg LCE. Annual demand: ~6,000 metric tons LCE.
Telecommunications Infrastructure Cell towers and remote communications equipment requiring constant power. Market trending at 30% CAGR, with expected revenue reaching $3.2B by 2025. Each tower typically requires 100-150 kWh storage, consuming 75-110 kg LCE per installation. Annual demand: ~18,000 metric tons LCE.
Data Centers & AI Infrastructure High-demand computing facilities requiring uninterrupted power. Market expected to reach $5.6B by 2025, growing at 40% annually. Average data center requires 1-2 MWh storage capacity, using 750-1,500 kg LCE per installation. Annual demand: ~35,000 metric tons LCE.
Florida Nursing Home Backup Systems State-mandated emergency power systems for elder care facilities. Market projected at $900M by 2025, growing at 22% annually. Average facility requires 150-200 kWh storage, using 110-150 kg LCE per installation. Annual demand: ~4,500 metric tons LCE.
Remote Residential Solar Systems Primary application for homeowners living off utility lines. Current market shows 20-25% annual growth, with projected revenue of $2.8B by 2025 for lithium storage components. Average system requires 40-60 kWh storage capacity, translating to approximately 30-45 kg of lithium carbonate equivalent (LCE) per installation. Annual demand: ~12,000 metric tons LCE.
The total addressable market (TAM) across these segments projects to $14.3B by 2025, with combined annual lithium demand of approximately 75,500 metric tons LCE. This represents roughly 10% of global lithium production, highlighting significant growth opportunity in the off-grid storage sector.
Government Grants and Contracts
The Company plans to pursue a Commercial and Government Entity (CAGE) Code certification in early 2025, positioning the company to bid on federal contracts supporting U.S. grid modernization initiatives. The strategic move aligns with the company's expansion into government-sector energy storage solutions, targeting substantial infrastructure investment opportunities.
South Florida Events
To stay informed about these exclusive networking events, interested parties are invited to join our Elektros Investor Network at https://elektros.energy/investors/
About Elektros, Inc.
Elektros (OTC PINK:ELEK) is a vertically integrated sustainable energy company focused on lithium mining, electric vehicle charging, solar energy storage, and power supply for AI data centers. We are at the forefront of the clean energy transition, driving innovation in mobility and energy technologies to combat the global climate crisis and deliver transformative user experiences. www.elektros.energy
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Cautionary Language Concerning Forward-Looking Statements
This release contains "forward-looking statements" that include information relating to future events and future financial and operating performance. The words "may," "would," "will," "expect," "estimate," "can," "believe," "potential," and similar expressions and variations thereof are intended to identify forward-looking statements. Forward-looking statements should not be read as a guarantee of future performance or results and will not necessarily be accurate indications of the times at, or by, which that performance or those results will be achieved. Forward-looking statements are based on information available at the time they are made and/or management's good faith belief as of that time with respect to future events and are subject to risks and uncertainties that could cause actual performance or results to differ materially from those expressed in or suggested by the forward-looking statements. Important factors that could cause these differences include, but are not limited to: fluctuations in demand for Elektros, Inc.'s products, the introduction of new products, the Company's ability to maintain customer and strategic business relationships, the impact of competitive products and pricing, growth in targeted markets, the adequacy of the Company's liquidity and financial strength to support its growth, and other information that may be detailed from time to time in Elektros Inc.'s filings with the United States Securities and Exchange Commission. Examples of such forward-looking statements in this release include statements regarding future sales, costs, and market acceptance of products as well as regulatory actions at the State or Federal level. For a more detailed description of the risk factors and uncertainties affecting Elektros Inc., please refer to the Company's Securities and Exchange Commission filings, which are available at www.sec.gov. Elektros, Inc. undertakes no obligation to publicly update or revise any forward-looking statements, whether as a result of new information, future events or otherwise.
CONTACT:
Elektros, Inc. IR and Media Inquiries
Email: [email protected]
SOURCE: Elektros, Inc.
P.Silva--AMWN