Amprius Tech Stock Price, News & Analysis

Amprius Technologies, Inc. (NYSE: AMPX) will hold a conference call on May 10, 2023, at 5:00 p.m. Eastern Time to discuss its financial results for Q1 ended March 31, 2023. Financial results will be released prior to the call, which will also include a Q&A session. Interested parties can join via a toll-free number or an online webcast. The company, a leader in next-generation lithium-ion batteries, is known for its Silicon Anode Platform that delivers industry-leading energy density cells. Recently, Amprius signed a letter of intent for a new facility in Brighton, Colorado, to increase its manufacturing capacity to meet customer demand. This facility is expected to provide up to 5 GWh capacity.

Amprius Technologies (NYSE: AMPX), recognized for its innovative silicon anode technology, is set to enhance AeroVironment's (NASDAQ: AVAV) Switchblade 300 Block 20 tactical missile system by providing high energy density lithium-ion battery cells. This collaboration aims to increase flight time by over 50%, facilitating longer endurance and improved loitering capability. Amprius began supplying battery cells in 2022 and is committed to future deliveries. The Company is also expanding its manufacturing capabilities, having signed a letter of intent for a 774,000 square foot facility in Brighton, Colorado, to meet rising demand. The lightweight battery cells are expected to significantly enhance mission performance and operational range for military applications.

Amprius Technologies, Inc. (NYSE: AMPX) announced its fourth quarter and full year 2022 financial results, with a focus on its Silicon Anode Platform. The company outlined its business initiatives, including product roadmap milestones, manufacturing scale-up, and customer acquisition efforts. A significant development is the signed letter of intent for a new facility in Brighton, Colorado, potentially increasing manufacturing capacity by up to 5 GWh. Amprius is known for producing high-density lithium-ion batteries, achieving up to 450 Wh/kg and 1,150 Wh/L, significantly outperforming traditional graphite cells.

Amprius Technologies (NYSE: AMPX) has announced the verification of its next-generation lithium-ion battery cell, achieving an impressive energy density of 500 Wh/kg and 1300 Wh/L. This development positions Amprius as a frontrunner in the industry, with potential applications in aviation and electric vehicles, projected to exceed $100 billion in battery demand by 2025. The new battery cells are 200% more efficient than existing graphite cells, offering significant weight and volume advantages. Prototypes are set to be shipped to select customers this year, continuing the company's trend of delivering breakthrough energy solutions.

Amprius Technologies, Inc. (NYSE: AMPX) will conduct a conference call and webcast on March 23, 2023, at 5:00 PM ET to discuss its financial results for the fourth quarter and full year ending December 31, 2022. The results will be disclosed in a press release prior to the call. Participants can join via the toll-free number 866-424-3442 or the international number 201-689-8548. The session will include a presentation followed by a Q&A. Amprius, based in Fremont, California, specializes in ultra-high energy density lithium-ion batteries utilizing a Silicon Anode Platform.

Wallbox N.V. (NYSE: WBX) announced the appointment of two board observers, Dr. Dieter Zetsche and Justin Mirro, collectively bringing over 70 years of automotive experience. Dr. Zetsche, former Chairman of Daimler AG, and Mr. Mirro, Founder of Kensington Capital Partners, will guide Wallbox in its strategic direction and operational excellence. The company plans to seek shareholder approval to expand its board and elect them as directors at the 2023 Annual General Meeting. Wallbox aims to strengthen partnerships with leading automotive companies as it continues to grow in the EV sector.

Amprius Technologies has signed a letter of intent for a 775,000 square foot battery manufacturing facility in Brighton, Colorado, expected to begin operations in 2025. The factory will initially produce 500 MWh of lithium-ion batteries, with long-term expansion potential to 5 GWh. This project is part of a $50 million grant from the Bipartisan Infrastructure Law to bolster domestic battery production. The site was chosen for its existing infrastructure, proximity to key materials, and logistical advantages. The initiative anticipates creating over 300 jobs and is crucial for meeting the demand for high-performance silicon anode batteries.

Amprius Technologies, Inc. (NYSE: AMPX) has announced its participation in several key events scheduled for March 2023, highlighting its leadership in ultra-high energy density lithium-ion batteries. The 35th Annual Roth Conference will occur on March 13, with CFO Sandra Wallach hosting investor meetings. On March 22, Amprius will present at the Stratospheric Operations and Research Symposium, discussing their innovative battery technology. The company will also exhibit at the International Battery Seminar from March 20-23, showcasing advancements in energy storage technologies. Further, a fireside chat with investors will take place at the Jefferies eVTOL Summit on March 28.