Aptera Motors Corp.
- Market Cap (Float-Adj) (Float-adjusted market cap computed by the low-float screener — matches the screener row. May differ from the standard cap (price × all shares outstanding) reported elsewhere.)
- $94.9M
- Price
- $2.40
- % Change (Daily % change from the live per-ticker quote feed.)
- +2.13%
- Volume
- 1.4M
About
Aptera Motors Corp. is a solar-mobility innovator focused on creating exceptionally efficient solar electric vehicles (sEVs). The company's flagship product is a unique two-person, three-wheeled vehicle, meticulously engineered for ultimate efficiency by integrating solar panels, cutting-edge lightweight composites, and optimized aerodynamic principles. To date, it has not begun mass production or generated any revenue.
Quick stats
Shares outstanding39.5M
Computed float25.1M
Float / shares63.6%
Key info
SectorConsumer Cyclical
IndustryAuto - Manufacturers
CIK (Central Index Key — the unique ID the SEC assigns to every filer. Use it to look up the company's filings on EDGAR.)0001786471
Websitehttps://aptera.us/
AI Summary
AI-generated1/20
standardbullishpartnership
Aptera Motors Partners with Launch Design to Accelerate Path to High-Volume Production
Aptera Motors formed a strategic partnership with Launch Design to support a production program valued at up to $44 million, covering tooling, testing, and assembly.
The agreement aims to accelerate the start of high-volume manufacturing, targeting the build of the first 40 production vehicles in Q4 2026.
Aptera will pay two-thirds of the program costs in cash and the remaining third, valued at approximately $15 million, in warrants to preserve capital.
Red flags
- Company notes in risk factors that its ability to continue as a going concern is dependent on raising additional capital
- Reliance on a single manufacturing partner for high-volume production