ADS-TEC Energy Reports First Half 2026 Results; Advances Gigawatt-Scale SKM Storage Project and Strengthens its Position to Scale Own & Operate Model

NÜRTINGEN, Germany--(BUSINESS WIRE)--Oct 1, 2026--

ADS-TEC Energy PLC (NASDAQ: ADSE) (the “ Company ”), a global leader in battery-based energy storage and fast-charging systems, today announced its unaudited interim condensed consolidated financial statements as of and for the six months ended June 30, 2026.

This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20260930453742/en/

First Half 2026 Highlights

Business Development

Thomas Speidel, CEO of ADS-TEC Energy:

“Flexibility is key to the energy system of the future. While the market has seen a shakeout over the past two years, ADS-TEC Energy has used this period to invest in its future. We are developing the next generation of battery-buffered charging solutions, scaling our C&I storage business and building our Own & Operate network. Our first owned and operated sites have demonstrated that combining fast charging, energy management and advertising creates an attractive business, and we have now secured more than one hundred locations. Our C&I business has grown from a standing start into a solid order book, and SKM gives us an exceptional, decades-long position in Germany’s energy infrastructure. These investments put ADS-TEC Energy in position to take part in a market that is clearly picking up again, and I look forward to seeing our team’s work translate into economic results.”

Financial Overview

About ADS-TEC Energy

With over 15 years of experience in lithium-ion technologies, ADS-TEC Energy develops and manufactures battery storage solutions and ultra-fast charging systems, including advanced energy management software. ADS-TEC Energy’s battery-buffered fast-charging technology enables electric vehicles to charge at ultra-high power levels even on weak grids, all within an exceptionally compact design.

Headquartered in Nürtingen, Baden-Württemberg, the company was nominated by the President of Germany for the German Future Prize and was inducted into the “Circle of Excellence” in 2022. The outstanding quality and performance of ADS-TEC Energy’s systems are the result of extensive investment in in-house development and high levels of vertical integration. With its advanced technology platforms, ADS-TEC Energy is a trusted partner for automotive manufacturers, energy providers, and charging infrastructure operators worldwide.

More information at: www.ads-tec-energy.com

Forward-looking Statements

This press release contains forward-looking statements within the meaning of the “safe harbor” provisions of the Private Securities Litigation Reform Act of 1995. Words such as “expect,” “estimate,” “project,” “budget,” “forecast,” “anticipate,” “intend,” “plan,” “may,” “will,” “could,” “should,” “believes,” “predicts,” “potential,” “continue,” and similar expressions are intended to identify such forward-looking statements. These forward-looking statements include statements regarding the Company’s expectations with respect to future performance, the development and scaling of its business lines and strategic projects, the anticipated timing of product launches and other commercial activities, and the Company’s ability to successfully execute its strategic transition toward a more diversified and recurring revenue-based business model. There are a significant number of factors that could cause actual results to differ materially from the statements made in this press release, including: demand for EV charging solutions and the continued adoption of electric vehicles; changes in customer purchasing patterns and customer concentration; inventory levels and the Company’s ability to sell products at anticipated prices and within expected timeframes; reliance on key suppliers and delays in product development, production or commercialization; competition and technological developments in the EV charging market; customer adoption, retention and performance of the Company’s Service offering; the capital-intensive nature and utilization of the Own & Operate model and the Company’s ability to recover upfront investments; demand, competition and technological developments in the battery storage market; the Company’s ability to convert its order backlog and project pipeline into revenue; the development and commercialization of SKM; the Company’s ability to access sufficient liquidity in the near term to sustain operations and execute its strategy; and general macroeconomic, regulatory and market conditions, including inflation, interest rates, geopolitical developments and changes in energy and environmental regulation. Additional information regarding these and other risks and uncertainties is included in the Company’s Annual Report on Form 20-F filed with the Securities and Exchange Commission (the “SEC”) on May 15, 2026 and in other filings that the Company makes with the SEC from time to time. All forward-looking statements in this press release are based on information available to the Company as of the date hereof, and the Company assumes no obligation to update such statements to reflect subsequent events or circumstances, except as required by applicable law.

[1] Source: European Automobile Manufacturers’ Association (ACEA).

[2] Source: Cox Automotive / Kelley Blue Book.

ADS-TEC Energy Reports First Half 2026 Results; Advances Gigawatt-Scale SKM Storage Project and Strengthens its Position to Scale Own & Operate Model

ARLINGTON, Texas (AP) — Arike Ogunbowale was standing near Paige Bueckers waiting for the star guard to make a move on her dribble with the Dallas Wings trailing by three as the final seconds of regulation — and their season — ticked away.

Bueckers waved toward her backcourt mate, but she wasn't telling Ogunbowale to get out of the way. She was telling her to get open.

After all, Bueckers knew who the hot hand was — and it wasn't the 2025 No. 1 overall pick and Rookie of the Year who is in her first playoff series.

Ogunbowale took a pass from Bueckers on the left baseline, dribbled toward the corner and hit an off-balance corner 3-pointer, sending the game to overtime and her on the way to a WNBA playoff-record 45 points as the Wings won a thriller 108-100 on Wednesday night, forcing a Game 3 in their first-round series.

The deciding game will be Friday night in San Francisco, where the Valkyries won the series opener by 24 points.

Golden State is trying to advance in the playoffs for the first time in the franchise’s second season. The Wings are trying to reach the semifinals for the second time in six postseason appearances since moving to the Dallas area in 2016.

Ogunbowale opened the extra period of Game 2 by banking in a 3, then hit another one to put Dallas ahead for good at 103-100 with 1:46 remaining. The four-time All-Star easily topped her previous playoff best of 24 points after scoring 10 points on just seven shots in the series opener.

“We felt like we got pushed around out there when we played in San Francisco and especially me personally I don’t feel like I was aggressive,” said Ogunbowale, who was 5 of 8 from beyond the arc, 12 of 23 overall and 16 of 18 on free throws. “I didn’t know what I would score. I was going to shoot regardless because I just feel like seven shots isn’t enough to win playoffs and I have to be aggressive whether it’s going in or not.”

Bueckers, who scored 10 points, was mired in a 3-for-13 shooting night that included an air ball on a 3-pointer with the Wings trailing by three in the final two minutes of regulation. But she assisted on Ogunbowale's tying 3, and again on a the banked 3 to start OT. Bueckers had four assists.

“For us to do what we did today without Paige having the type of game that she always has offensively for us, to come out with a win is huge,” Wings coach Jose Fernandez said. “We had other people step up.”

Ogunbowale's shot for a 93-93 tie with 4.1 seconds left in regulation of Game 2 was followed by Gabby Williams getting called for an offensive foul on the inbound play after a Golden State timeout.

That call was reversed on replay, so instead of Aziaha James having a chance to give Dallas the lead at the free-throw line, there was a jump ball at center court with 3.0 seconds to go. After a scramble for the loose ball, Golden State's desperation shot was way off target, and after the buzzer.

Williams scored a career-high 36 points, regular season or playoffs, but missed all six of her shots in the final 1:31 of overtime to finish 12 of 23 from the field.

“We got one at home, and we got to bring our best,” Valkyries coach Natalie Nakase said. “That was not our best. Tomorrow’s got to be clear minds, clear focus, clear game plan, and then be ready to go for the game at home.”

Ogunbowale scored 22 points in the fourth quarter and overtime — 11 in each period. She passed her previous overall career high of 41 points with the 3 that put Dallas up for good.

Dallas' Alysha Clark tied her playoff career high with 21 points, and Aziaha James added 13.

Kaila Charles scored 14 points for the Valkyries, and Kayla Thornton had 13.

With the scored tied at 98 in the extra period, Ogunbowale and Tiffany Hayes had to be separated after making contact. Both were called for flagrant fouls, and each made a pair of free throws with 2:26 remaining.

The Valkyries didn't score again, shooting 2 of 12 in overtime.

See AP’s full WNBA coverage here

Golden State Valkyries guard Veronica Burton (22) shoots as Dallas Wings' Paige Bueckers, right, defends in the first half of a WNBA basketball first-round playoff game Wednesday Sept. 30, 2026, in Arlington, Texas. (AP Photo/Tony Gutierrez)

Alysha Clark (7) celebrates a 3-point basket in the first half as the Golden State Valkyries play the Dallas Wings in Game 2 of the WNBA playoffs first round in Arlington, Texas, on Wednesday, Sept. 30, 2026. (Carlos Avila Gonzalez/San Francisco Chronicle via AP)

Dallas Wings' Arike Ogunbowale celebrates a basket in the second half of a WNBA basketball first-round playoff game against the Golden State Valkyries Wednesday Sept. 30, 2026, in Arlington, Texas. (AP Photo/Tony Gutierrez)

Dallas Wings' Arike Ogunbowale (24) shoots in the second half of a WNBA basketball first-round playoff game against the Golden State Valkyries Wednesday Sept. 30, 2026, in Arlington, Texas. (AP Photo/Tony Gutierrez)

Dallas Wings' Jessica Shepard (32), Paige Bueckers (5) and Arike Ogunbowale (24) celebrate after Ogunbowale sunk a three-pointer in overtime of a WNBA basketball first-round playoff game against the Golden State Valkyries Wednesday Sept. 30, 2026, in Arlington, Texas. (AP Photo/Tony Gutierrez)