Philenergy Wins Battery Equipment Supply Contract From Factorial Energy

Philenergy secured a contract on Oct. 15, 2026, to supply solid-state battery assembly equipment to Factorial Energy in South Korea. The contract runs through Dec. 31, 2027. * A 40% advance payment is due within 60 days of purchase order receipt. Payments of 50% and 10% are due within 30 days of FAT and SAT approval, respectively. Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Philenergy Co. Ltd. published the original content used to generate this news brief via DART, the regulatory disclosure system operated by the South Korea Financial Supervisory Service (FSS) (Ref. ID: 20261015900290), on October 15, 2026, and is solely responsible for the information contained therein. (C)