$ELVA

Electrovaya Inc. (NASDAQ:ELVA, TSX:ELVA) expects record FY2026 revenue of $71M, despite market challenges. The company plans to launch its Jamestown, NY battery manufacturing facility and ElvaPulse™ energy storage product line in FY2027. Electrovaya appointed Kris Kuzniewski as VP of Data Center Sales to lead ElvaPulse™ sales efforts. The company will report its first U.S. GAAP audited results in early December 2026.

Electrovaya (ELVA) is expanding into data centers and defense markets as its Jamestown battery plant nears a 2027 launch. The company secured a CAD$51M loan from EXIM Bank and refinanced working capital. It targets Section 45X and 48E tax credits, with trailing-12-month revenue of $72M and adjusted EBITDA of $12M. Electrovaya aims to grow in robotics, airport equipment, and overseas markets, including Japan.

Electrovaya and Amazon expanded their commercial agreement, with Amazon receiving warrants for up to 13.9 million Electrovaya shares upon achieving $280 million in purchases. The deal includes potential applications in robotics and energy storage. Electrovaya's CEO views this as strong validation of their technology. Additionally, Electrovaya's partnership with Sumitomo is driving growth in the Asia-Pacific region, with material deliveries expected from fiscal 2027.

Electrovaya (ELVA) reported trailing 12-month revenue of $72M, adjusted EBITDA of $12M, and positive net income. The company highlighted 13 consecutive quarters of positive EBITDA and 6 of positive EPS. It is expanding into data centers, robotics, and defense, with a new manufacturing base in Jamestown, NY, expected to start production in 2027. Electrovaya's battery technology, featuring a ceramic separator, claims improved safety and extended cycle life. Management noted growth challenges in Eu

Electrovaya (ELVA) has begun Factory Acceptance Testing for its lithium-ion cell manufacturing equipment, a crucial step before production at its planned Jamestown, NY gigafactory. About 10 employees are involved in the testing, which is expected to conclude by early October 2026. The company aims to ship the equipment to Jamestown afterward for installation and further commissioning.

Electrovaya launched ElvaPulse 1500, a high-power battery storage system for data centers, with 2.88 MWh capacity and 9 MW power. CEO DasGupta highlights its rapid response for AI data centers. Cummins projects data center revenue to rise from $5B in 2026 to $9B by 2030, expanding its generator portfolio. Both companies aim to address growing power demands in the data center market.

Electrovaya said construction at its Jamestown, New York lithium-ion cell plant is on schedule, with a dry room completed and electrical and HVAC upgrades underway. The company will begin an eight-week factory acceptance test of a full cell assembly line at an equipment supplier in Korea in 7 to 10 days. Electrovaya expects the Jamestown capacity to support growth into energy storage, robotics and defense, and reported $13.1M unrestricted cash and $7.8M available under its bank facility.

Electrovaya Inc. reported Q3 2026 revenue of $17.7 million, attributing results to timing shifts. Management cited formalization of a long-term Amazon commercial agreement and launch of the ElvaPulse energy storage system. Gross margin was 34.9%. Fiscal 2026 normalized revenue guidance is $70M-$73M, with ElvaPulse deliveries targeted for Q2 2027.

Electrovaya (EVLO) reported fiscal Q3 2026 revenue of $17.7M, missing Wall Street estimates by over $3M, and lowered its full-year revenue outlook to $70M-$73M. CEO Raj DasGupta attributed the miss to delivery timing shifts. Q3 EBITDA rose to $3.7M (up 27%) and net profit was $0.3M. The company cited an Amazon agreement and ElvaPulse battery launch.

Electrovaya Inc. (ELVA) furnished an SEC Form 6-K — earnings release. EXHIBIT 99.3 News for Immediate Release Electrovaya Reports Fiscal Year Q3 2026 Results Record Quarterly Gross Margin of 34.9%; Record Adjusted EBITDA¹ of $3.7 Million, Up 27% Year over Year; Quarterly revenue of $17.7 million Amazon Commercial Agreement and ElvaPulse™ 1500 Launc