CEO of Eos Energy Enterprises Applauds House Action and Supports Swift Passage of the Build Back Better Act in the Senate to Jumpstart Domestic Manufacturing

About this update from Eos Energy Enterprises, Inc.

[{"type":"text","content":"CEO Joe Mastrangelo Says Congress Has Opportunity to Create and Grow American Jobs, Scale Domestic Energy Storage Industry\nEDISON, N.J., Dec. 02, 2021 (GLOBE NEWSWIRE) -- Eos Energy Enterprises, Inc. (NASDAQ: EOSE) (“Eos”), a leading provider of safe, scalable, efficient, and sustainable zinc-based energy storage systems, supports the swift passage of the Build Back Better Act in the Senate and applauds the House’s actions to advance the bill. Chief Executive Officer Joe Mastrangelo issued the following statement: “Developing and producing the technology that will allow our economy and society to decarbonize is a global priority. Eos is a leader in the field developing zinc batteries that store clean energy so that when the sun isn’t shining, or the wind isn’t blowing, the power stays on. This is a once-in-a-generation moment for America to lock in the jobs that are going to be created in the renewable energy field. For the first time since the 1990’s, Congress is considering legislation that will incentivize companies to produce this new technology in America, not overseas. After spending more than 30 years in the energy industry, I can’t recall a time when I felt more inspired by American ingenuity and the impact it could have on our economy and prosperity. The policies in the Build Back Better Act provide a level playing field to compete by prioritizing domestic manufacturing and encouraging innovation. These are game changing policies both for our employees, and for companies like Eos which is based in Edison, NJ and makes batteries in a factory just outside of Pittsburgh, PA in the foothills of the Appalachian Mountains. I urge Congress to pass this bill not just because the investments in it will contribute to net zero goals, but because it will create American jobs in communities that are ready to work.” About Eos Eos Energy Enterprises, Inc. is accelerating the shift to clean energy with positively ingenious solutions that transform how the world stores power. Our breakthrough Znyth® aqueous zinc battery was designed to overcome the limitations of conventional lithium-ion technology. Safe, scalable, efficient, sustainable — and manufactured in the U.S. — it's the core of our innovative systems that today provide utility, industrial, and commercial customers with a proven, reliable energy storage alternative. Eos was fou...

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