Welcome to our dedicated page for Amprius Tech news (Ticker: AMPX), a resource for investors and traders seeking the latest updates and insights on Amprius Tech stock.
Amprius Technologies, Inc. (NYSE: AMPX) is a manufacturer of high-energy and high-power lithium-ion batteries built on a Silicon Anode Platform, and its news flow reflects developments across technology, commercialization, and capital markets. This page aggregates company news so readers can follow how Amprius’ battery technology is being deployed and how its corporate strategy evolves over time.
Recent announcements highlight Amprius’ role in electric aviation and advanced mobility. The company has reported that its SiCore® cells were selected to power next-generation drone systems and unmanned aerial vehicles, where high energy density and power delivery support longer flights, increased payload capacity, and safety-critical functions. News items also describe collaborations with aerospace and UAV manufacturers and recognition of Amprius’ 520 Wh/kg battery as a Best of Innovation honoree at CES in the Sustainability & Energy Transition category.
Investors can also find updates on Amprius’ manufacturing and supply chain initiatives. The company has announced the launch and expansion of the Amprius Korea Battery Alliance, a consortium of Korean partners across the lithium-ion battery value chain, and has reported securing more than 2.0 GWh of contract manufacturing capacity worldwide. These stories provide context on how Amprius is scaling production and aligning with requirements such as the U.S. National Defense Authorization Act for defense and critical infrastructure customers.
Corporate and financial news includes quarterly business and financial results, conference call schedules, leadership transitions, and the completion of an at-the-market equity offering program. Readers can use this news feed to track key milestones in Amprius’ technology adoption, partnerships, manufacturing footprint, and governance. For an in-depth view, consider visiting regularly to review new releases as they are issued.
Amprius Technologies, Inc. (NYSE: AMPX) has been awarded a $50 million cost-sharing grant from the U.S. Department of Energy to support large-scale production of its Silicon Nanowire Anode Lithium-Ion Batteries. This grant, part of President Biden's Bipartisan Infrastructure Law, aims to enhance domestic battery manufacturing for electric vehicles. Amprius plans to showcase its advanced technology on multi-megawatt-hour production lines, targeting performance that doubles current graphite cell capabilities. The demonstration facility is tentatively planned for Texas.
Amprius Technologies (NYSE: AMPX) has secured a $1 million grant from the U.S. Department of Energy’s Advanced Manufacturing Office to enhance its lithium-ion battery manufacturing processes. This funding, marking Amprius' third grant from the DOE, supports the company's aim to improve the production of its nanowire-based silicon anodes, which currently achieve energy densities over 1,150 Wh/liter and 450 Wh/kg. The investment aligns with clean energy manufacturing goals and ensures non-dilutive funding for Amprius' growth.
Amprius Technologies, Inc. (NYSE: AMPX) has appointed Andrew Huie as Vice President of Infrastructure, responsible for developing a high-volume manufacturing facility. This strategic move aims to scale production capabilities and meet rising demand for their silicon nanowire battery technology. Huie brings over 30 years of experience in facility development, previously serving at Panasonic Energy of North America. His role is vital as Amprius plans to use funds from its public market entry to accelerate operations in Texas or Georgia.
Amprius Technologies (NYSE: AMPX), a leader in lithium-ion batteries, will participate in the UBS Future of Electric Mobility Virtual Conference on October 3, 2022. CEO Dr. Kang Sun and CFO Sandra Wallach will represent the company, engaging in one-on-one investor meetings throughout the day. Interested parties can arrange meetings via UBS representatives or contact Amprius' investor relations at (949) 574-3860 or IR@amprius.com.
Amprius manufactures high-energy lithium-ion batteries featuring the industry's highest energy density cells from its Fremont, California headquarters.