- Romeo Power Inc RMO has leased a new Class A, state-of-the-art headquarters and manufacturing facility in Cypress, California.
- The facility will support Romeo Power's expansion of battery development and testing capabilities adjacent to its production line.
- The 215,000 square foot facility includes 191,000 square feet of industrial space designed to double critical laboratory and testing capacity.
- Price Action: RMO shares closed lower by 5.74% at $4.60 on Monday.
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