Xos Announces First US Air Force Contract, A Prototype OTA For Mobile Battery Energy Storage System To Charge Electrified Support Equipment; Terms Not Disclosed
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Why It Matters
Xos got its first big contract with the US Air Force to build a mobile battery storage system that charges equipment. This shows the Air Force thinks their technology works, which could help the company grow and prove its business model.
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Source: Benzinga · Read the original report at the publisher. Headline and figures shown for context; data may be delayed.
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