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NOVONIX clears Riverside quality hurdle as PowerCo terms reset
9:55am on Friday 30th of October, 2026 AEDT
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NOVONIX clears Riverside quality hurdle as PowerCo terms reset
9:55am on Friday 30th of October, 2026 AEDT
Key Points
US$33.652 million cash balance and 3.4 quarters of estimated funding
US$9.765 million operating cash outflow and US$8.36 million Riverside capex
PowerCo framework removes previous volume, pricing and delivery commitments
Riverside achieved ISO 9001 certification, but customer qualification remains incomplete
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