Solid Power Operating, Inc

This Cooperative Agreement Is Awarded to Solid Power Operating, Inc. for a Project Entitled ''high Energy Fast Charging All- Solid-state Batteries.” This Award Is Being Made in Accordance With Foa Number DE-FOA-0002760 (EVS4ALL) and Application Control Number 2760-1567. Solid Power Operating, Inc. (SP) Will Team With the University of Maryland (UMD) to Develop High Energy, Fast Charging, Long Life, Low Cost, and Safe Li Metal All-solid-state Batteries (ASSB) for Electric Vehicles Application Under Category 2.

Committed

$5.6 Million

Paid out
$5.4M
97%
Committed, not yet paid
$172.4K
3%

How to read these numbers

One award, start to finish: Everything here is this single award's whole record — signed, amended, paid — not a fiscal-year slice. The by-year charts elsewhere split an award across the years it was committed; this page keeps it whole.
Committed vs. ceiling: Committed is what the government has legally promised on this award so far. Contracts can also carry a ceiling — the maximum if every option is exercised. Unspent ceiling is headroom, not money owed.
Paid out: The cash actually disbursed against this award. The gap from committed is the disbursement pipeline: promised, not yet cashed.
The ledger: Each transaction is a signing event — an action that created or changed the award, dated the day it was signed — not a payment. Negative amounts are real: money de-committed at closeout or renegotiation.
The money bar: One bar, the award’s whole arithmetic: paid out, then committed, not yet paid, then .

Source

This award on USAspending.gov ↗

Federal grant · cooperative agreement (b)

Department of Energy

Advanced Research Projects Agency - Energy to