🔔 Major Milestone | ProLogium and TDAC Announced US$50 Million Committed Primary Capital Investment
Yesterday, ProLogium and TDAC jointly announced a US$50 million primary capital investment commitment from a consortium of existing shareholders in support of the parties' announced business combination.
This commitment represents more than financial backing. It reflects the continued confidence of long-term shareholders who have supported ProLogium's journey, recognizing our technological leadership, execution capabilities, and long-term vision. It also underscores strong market confidence in our strategy to commercialize next-generation lithium ceramic battery and expand our global footprint.
We sincerely thank our existing shareholders for their continued trust and support as we enter this important new chapter.
Key highlights:
✅ Strengthened market confidence: Continued investment from existing shareholders reinforces confidence in ProLogium's technology, commercialization capabilities, and long-term growth strategy.
✅ Accelerating commercialization: The investment is expected to support the expansion of next-generation lithium ceramic battery mass production, advance construction of ProLogium's Dunkirk Gigafactory in France, and accelerate growth across emerging applications, including data centers, aerospace, and robotics.
Every act of support is a vital force driving innovation forward; every new partner who joins makes the path from technological breakthrough to large-scale application of next-generation lithium ceramic batteries all the more solid. This is a milestone achievement worth sharing together, and also the beginning of another journey. ProLogium will continue to engage and collaborate, with a pragmatic and prudent approach, with more investors, industry partners, and global collaborators who share our long-term vision.
Looking ahead, ProLogium will continue to engage with investors, industry partners, and collaborators around the world who share our long-term vision, working together to deliver safer, higher-performance, and scalable energy solutions that accelerate the global adoption of next-generation lithium ceramic batteries.
📩 Read the full press release here: prologiumtech.pse.is/9ey2bh
#ProLogium #TDAC #NextGenerationLithiumCeramicBattery #Commercialization #NasdaqDeSPAC #Nasdaq
Aug 3, 2026 · 10:10 AM UTC
2
205
