---
title: "Eos Energy Enterprises soars on joint venture with Cerberus for energy storage and Q1 revenue beat"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/286267132.md"
description: "Eos Energy Enterprises has seen a surge in premarket trading following a strong Q1 performance, reporting $57 million in revenue, surpassing estimates. The company announced a joint venture with Cerberus Capital Management, named Frontier Power USA, aimed at battery energy storage projects, backed by a $100 million equity commitment from Cerberus. Eos plans to raise $150 million through a rights offering to support this venture. CEO Joe Mastrangelo emphasized the need for long-duration storage solutions, while Eos anticipates revenues of $300-$400 million for 2026."
datetime: "2026-05-13T13:06:01.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/286267132.md)
  - [en](https://longbridge.com/en/news/286267132.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/286267132.md)
---

# Eos Energy Enterprises soars on joint venture with Cerberus for energy storage and Q1 revenue beat

Eos Energy Enterprises is surging in premarket trading after the company reported better-than-expected Q1 sales and unveiled a joint venture with a major alternative investment firm for battery energy storage projects.

The key Q1 numbers:

-   Revenue: $57 million (estimate: $54.27 million)
-   Adjusted EPS: $0.12 (estimate: $-0.20), which was juiced by a non-cash change in fair value based on the change in EOSE’s share price.

Concurrently with earnings, Eos and Cerberus Capital Management announced the formation of a joint venture called Frontier Power USA, which will be a stand-alone, purpose-built Independent Power Producer (IPP) to be supplied through a 2 Gwh capacity reservation agreement with Eos.

“Frontier Power USA is expected to deploy this capacity across commercial and industrial applications, AI data centers, and utility-scale projects, drawing from a multi GWh project pipeline which is under active development,” per the press release.

To support the platform's launch, Cerberus has committed $100 million in equity, and, to underscore its confidence in Eos, extended its stock lockup agreement through the end of 2026. Eos plans to launch a rights offering to raise $150 million to support this JV.

“The market is telling us what it needs: long-duration storage that is safe, American-made, and financeable at scale," said Joe Mastrangelo, CEO of Eos. “We have the technology, the manufacturing, the controls, and now, with Frontier Power USA, the planned capital to accelerate project deployment.”

Last month, Eos also announced a joint development agreement with Turbine-X Energy. The partnership focuses on deploying zinc-based battery storage solutions for AI hyperscale data centers, with a target capacity of up to 2 GWh beginning in 2027.

For the full year 2026, Eos expects to achieve revenue between $300 million and $400 million, in line with its previously provided guidance.

### Related Stocks

- [EOSE.US](https://longbridge.com/en/quote/EOSE.US.md)
- [EOSEW.US](https://longbridge.com/en/quote/EOSEW.US.md)

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