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The Era of Dumb Batteries Is Over. The AI Brain for Batteries is here, going public!

ELECTRA AI and Iron Horse Acquisition II Corp. (Nasdaq: IRHO) announce a definitive Business Combination Agreement to create the world’s first publicly traded AI Battery Intelligence company.

Read the press release →

INVESTOR MATERIALS

Company Information

 

OUR STORY

Why Battery Intelligence Matters

Batteries are becoming the backbone of the electrified economy — powering vehicles, stabilizing grids, and enabling the AI infrastructure boom. But hardware alone isn’t enough. Hear from our leadership on why the future of battery technology is software-defined, and how Electra is leading that shift.

WHAT WE DO

The AI Brain for Batteries

Electra’s technology brings Artificial Intelligence (AI) to battery systems at every stage — from deployment to real-time operation and end-of-life decisions. Hardware- and chemistry-agnostic, serving customers across mobility, energy storage, and industrial applications.

Monitoring

Real-time visibility into battery health, degradation, and risk across every asset and site. Physics-informed machine learning models that deliver sub-1% accuracy in state-of-health and state-of-charge estimation.

Optimization

Cloud-based intelligence that maximizes battery performance and lifespan. From charge/discharge cycle management to fleet-wide energy strategy — turning raw data into operational decisions.

Control

Closed-loop systems that act on intelligence in real time. Early fault detection, predictive maintenance triggers, and automated responses that keep battery infrastructure running at peak efficiency.

Value Delivered by ELECTRA AI Brain for Batteries™ solutions

 

<1%

Error SoH/SoC

up to

3 mo

Advance Fault Prediction

up to

30%

Battery Life Extension

up to

20%

EV Range Increase

up to

40%

Downtime Reduction

 

Results are illustrative. Actual results may vary. See forward-looking statements.

NEWS & UPDATES

Latest from ELECTRA AI

Company announcements, press releases, and milestones.

ELECTRA AI and Iron Horse Acquisition II Corp. (Nasdaq: IRHO) Release Additional Investor Materials Detailing Market Opportunity
June 1, 2026
LINK

ELECTRA AI Adds Strategic Advisory Board; Appoints Carmine Villani as First Strategic Advisor
May 27, 2026
LINK

ELECTRA AI to Present at Sidoti’s Micro-Cap Virtual Investor Conference Today and Tomorrow, May 20-21
May 20, 2026
LINK

D-Orbit and ELECTRA AI Sign MoU to Bring AI Battery Intelligence to Space
May 19, 2026
LINK

ELECTRA AI and Iron Horse Acquisition II Corp. (Nasdaq: IRHO) Announce Filing of Registration Statement on Form S-4 with the SEC in Connection with their Proposed Business Combination
May 15, 2026
LINK

ELECTRA AI and Iron Horse Acquisition II Corp. (Nasdaq: IRHO) Release Additional Investor Materials
May 11, 2026
Link

ELECTRA AI, following BCA with Iron Horse Acquisition II Corp. (Nasdaq: IRHO), to attend XPONENTIAL 2026 in Detroit
May 11, 2026
Link

Electra Vehicles Becomes ELECTRA AI — the AI Brain for Batteries™
May 5, 2026
Link

ELECTRA AI’s Head of Marketing Giovanni Rossi joins Volta Foundation’s Applied AI & Data Center Infrastructure Committee
April 30, 2026
Link

LEADERSHIP

Built by Scientists, Operators and Builders who have done this before

PUBLIC LISTING

Going public to scale the intelligence layer globally.

Electra has entered a Business Combination Agreement with Iron Horse Acquisitions II — enabling accelerated deployment across BESS, data centers, robotics, and e-mobility at the pace the market now demands. Expected close H2 2026, subject to regulatory approvals.

Read the full press release

Further details, including a copy of the business combination agreement and related materials, will be available through filings with the U.S. Securities and Exchange Commission (SEC) at www.sec.gov.

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Forward-Looking Statements
This page contains “forward-looking statements” within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934, including statements regarding the proposed business combination between Electra Vehicles, Inc. (“Electra”) and Iron Horse Acquisition II Corp. (“Iron Horse”), the expected timing and benefits of the transaction, Electra’s market opportunity, product capabilities, commercial traction, and future financial and operating performance. Words such as “will,” “expect,” “believe,” “predict,” “extend,” “deliver,” “unlock,” “scale,” and similar expressions identify forward-looking statements. These statements are based on current expectations and assumptions and are subject to risks and uncertainties that could cause actual results to differ materially, including but not limited to: the ability to complete the business combination on the anticipated timeline or at all; the satisfaction of closing conditions, including regulatory and shareholder approvals; the amount of redemptions by Iron Horse public shareholders; Electra’s ability to execute its commercial strategy; customer adoption rates; competition; the evolution of battery technology and the energy transition; and other risks described in Iron Horse’s filings with the U.S. Securities and Exchange Commission (SEC). Readers are cautioned not to place undue reliance on forward-looking statements, which speak only as of the date made. Neither Electra nor Iron Horse undertakes any obligation to update these statements except as required by law.
Performance Claims and Product Data
Performance figures cited on this page — including “sub-1% error in SoH/SoC estimation,” “3 months advance fault prediction,” “30% battery life extension,” “30% battery life extension,” “20% EV range increase,” “40% downtime reduction,” and “5-10 less battery capex needed” — reflect results observed in specific testing environments, pilot deployments, or customer engagements under defined operating conditions. Actual results will vary based on battery chemistry, hardware configuration, use case, environmental factors, and deployment context. Past performance is not indicative of future results. These figures are not guarantees of outcomes for any specific customer or application.
Financial Information and Market Data
Market size estimates, including the projected growth of the global BMS market, are based on third-party research sources and Electra’s internal analysis. Actual market development may differ materially from these projections. References to Iron Horse’s trust account are subject to redemptions by Iron Horse public shareholders in connection with the business combination. The actual cash available to the combined company at closing may be materially lower than the trust amount at announcement.
Intellectual Property and Partnerships
References to NASA, the NASA Spinoff program, NASA Goddard Space Flight Center, the U.S. Department of Energy, and the U.S. Department of Defense reflect historical research relationships and technology heritage. No endorsement by any U.S. government agency is stated or implied. References to commercial or investment partners reflect existing relationships and do not imply endorsement of the proposed business combination or of any forward-looking statements contained herein.
“Issued U.S. patents” and “patent families filed” reflect Electra’s patent portfolio as of the date of this communication and are subject to change.
No Offer or Solicitation
This communication is for informational purposes only and does not constitute an offer to sell, a solicitation of an offer to buy, or a recommendation to purchase any securities of Electra, Iron Horse, or the combined company, nor shall there be any sale of securities in any jurisdiction in which such offer, solicitation, or sale would be unlawful. Any offer of securities will be made only by means of a prospectus meeting the requirements of Section 10 of the Securities Act of 1933, as amended, or an exemption therefrom.
Important Information About the Transaction and Where to Find It
In connection with the proposed business combination, Iron Horse intends to file with the SEC a registration statement on Form S-4 that will include a proxy statement/prospectus. Investors and security holders are urged to read the registration statement, the proxy statement/prospectus, and all other relevant documents filed with the SEC carefully when they become available, because they will contain important information about Electra, Iron Horse, and the proposed transaction. Documents filed with the SEC will be available free of charge at www.sec.gov.
Participants in the Solicitation
Electra, Iron Horse, and their respective directors, executive officers, and certain employees may be considered participants in the solicitation of proxies from Iron Horse’s shareholders in connection with the proposed business combination. Information regarding these participants and their interests will be set forth in the proxy statement/prospectus when it is filed with the SEC.