Aqua Metals Inc. announced its financial results and recent corporate highlights for the third quarter ended September 30, 2025. The company reported raising $4.1 million during the quarter and an additional $13 million from a single leading institutional investor in October, providing several quarters of financial runway. The funding will support engineering, permitting, and site selection for Aqua Metals' first commercial-scale facility, as well as enable the completion of detailed engineering and environmental reviews. The company highlighted successful LFP pilot runs and ongoing evaluation of multiple strategic partnerships, including in undersea minerals and domestic nickel refining. Aqua Metals stated its technology continues to demonstrate adaptability across both terrestrial and marine feedstocks, supporting its goal of developing a feedstock-agnostic, low-cost, low-carbon refining platform.