The Era of Dumb Batteries Is Over. Electra, the AI "Brain for Batteries,"™ is going public.

More Range. Longer Life. Higher Performance and ROI Across Grid Storage, EVs, Drones, and Robotics — All Delivered in Software, Without Adding a Single Cell.

The control plane for Every Battery on Earth: Monitoring, Optimization, and Control as software: "Our AI is not watching the battery. It is running it."

NASA Spinoff and NVIDIA Inception Program recognized. Backed by global strategic investors (Stellantis, BlackBerry, and Ferrari Family Investments).

The standard that the electrified economy is converging on.

In January 2025, a Tesla Cybertruck wrapped in Electra's logo drove from Boston to Santa Clara, passing through CES 2025 in Las Vegas — 3,000 miles, coast to coast — powered not just by electricity, but by artificial intelligence (AI) that predicted every charge stop, extended the battery's life in real time, and delivered 20% more range. No breakdowns. No surprises.

That drive was a proof-of-concept. Today, the business that created that AI technology has agreed to become a public company.

Electra Vehicles, Inc. ("Electra") and Iron Horse Acquisition II Corp. (NASDAQ:IRHO) ("Iron Horse") announced that they have entered into a definitive Business Combination Agreement (the "BCA"), pursuant to which Electra will merge with Iron Horse, creating the world's first ever publicly traded pure-play AI Battery Intelligence company. The deal is valued at $250 million+ and includes earn-out targets. Upon closing, which is anticipated in the second half of 2026, the combined company will operate as Electra AI, Inc., and is expected to remain listed on Nasdaq under a new ticker symbol.