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Factorial Energy (FAC): Down over 55% since SPAC IPO with Battery Tech that Could Change the World
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It looks like FAC is gonna pump tomorrow
I believe $FAC Factorial Energy will do very well. They have some big names testing their solid state batteries and they can transition into many markets. I’m in with a small 100 shares at $5.20. But will buy more on dips going forward
Only think that's been pumping consistently in my port is FAC
HGRAF and FAC. HGRAF is the first company to make 99% pure graphene at scale. Already has a 70+ customer pipeline but is in the process of redomiciling the company from Canada to the US. Also potential government interest. FAC is currently building some of the first solid state batteries with a process that is going to be strongly based off of currently in place battery manufacturing technology. Has already had strong results with test drives that had a (modified) mercedes bens travel 749 miles on one charge. Also targeting aerospace/drone industries.
FAC definitely has some momentum behind it. Factorial Energy. Looks very interesting 🤑💰
There were a ton of battery start-ups promising to be the battery solution of the future during the EV spac boom, and they’ve all basically tanked (QS, SLDP, ENVX, & I’m sure more). Maybe FAC pulls it off, but batteries in general are an incredibly competitive space, and seems like a long shot. If I’m going to take a recent post SPAC bust moonshot I’d probably go with something like MRLN, or even a SECZ, that can at least scale without the manufacturing/cap ex overhang that batteries comparatively have.