---
title: "SDST: Advanced Muskogee refinery project, raised $3.1M, but faces ongoing losses and financing risks"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/295848015.md"
description: "Advanced Muskogee refinery project with site preparation and DOE partnership, while raising $3.1M post-quarter to support liquidity. Net loss increased year-over-year, but cash management improved. Ongoing financing efforts and significant risks remain.Original document: Stardust Power Inc. [SDST] SEC 8-K Current Report — Aug. 13 2026DisclaimerThis is an AI-generated summary and may contain inaccuracies. Please verify any important information with the original source."
datetime: "2026-08-13T21:07:06.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/295848015.md)
  - [en](https://longbridge.com/en/news/295848015.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/295848015.md)
generator: "portal-rs"
---

# SDST: Advanced Muskogee refinery project, raised $3.1M, but faces ongoing losses and financing risks

Advanced Muskogee refinery project with site preparation and DOE partnership, while raising $3.1M post-quarter to support liquidity. Net loss increased year-over-year, but cash management improved. Ongoing financing efforts and significant risks remain.

Original document: Stardust Power Inc. \[SDST\] SEC 8-K Current Report — Aug. 13 2026

**Disclaimer**

This is an AI-generated summary and may contain inaccuracies. Please verify any important information with the original source.

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---
> **Disclaimer: This article is for reference only and does not constitute any investment advice.**