Posts Tagged: Romeo Power

Battery pack maker Romeo Systems to go public in $1.33-billion SPAC deal

EV battery pack manufacturer Romeo Systems plans to go public through a merger with a special purpose acquisition company (SPAC) called RMG Acquisition in a $1.33-billion deal, which is expected to close in the fourth quarter of 2020. The combined company will be listed on the NYSE under the symbol RMO. The transaction is expected… Read more »

Star-studded startup Romeo Power to manufacture EV battery packs

Santa Monica startup Romeo Power plans to manufacture EV-specific battery packs that it says will outperform any systems on the EV market today. The recently-launched company has over 50 employees, and an executive team that includes some well-known EV pioneers. Co-Founder and CTO Porter Harris is a veteran of SpaceX and Faraday Future, and VP… Read more »