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. reports developments tied to silicon-anode lithium-ion batteries for aerospace, defense, electric mobility and light electric vehicle applications. Company updates commonly cover financial results, customer purchase orders, SiCore cylindrical cells, drone and advanced mobility programs, and demand for high-energy and high-power battery products.
Amprius also discusses its R&D lab and pilot manufacturing facility for silicon anodes and cells, along with a contract manufacturing strategy used to support scalable production. Recurring announcements include business highlights, commercial program wins, defense and government application updates, conference participation and capital-structure or governance matters.
Amprius Technologies, Inc. (NYSE: AMPX) announced validation of its 390 Wh/kg polymer electrolyte battery cell following a successful nail penetration test, meeting U.S. military specifications. This test proves the safety of the cells under combat conditions, ensuring no combustion or excessive heat occurs during penetration. The innovative technology offers a potential energy density increase of nearly 100%, which could significantly enhance the runtime of wearable batteries for U.S. Army soldiers. A purchase order for thirty battery packs has been placed for capability demonstration purposes.
Amprius Technologies, Inc. (NYSE: AMPX) announced its December event schedule, including participation in the 22nd Annual Advanced Automotive Battery Conference from December 5-8 in Coronado, CA, and the Janney Energy Transition Forum on December 13-14 in San Francisco, CA. These conferences focus on advancements in electrification and lithium battery technologies, enabling networking with industry experts and potential investors.
Amprius Technologies, Inc. (NYSE: AMPX) announced the appointment of Siyu Jiang as Vice President of Legal Affairs, enhancing its executive team. Jiang brings over a decade of legal experience, having previously served at Wilson Sonsini Goodrich and Rosati, where she advised Amprius on corporate governance and transactions. Her expertise will be vital for navigating legal aspects as the company continues to expand in the electric mobility sector. CEO Dr. Kang Sun expressed enthusiasm for Jiang's addition, emphasizing her alignment with the company’s growth strategy.
Amprius Technologies, Inc. (NYSE: AMPX) announced its third quarter 2022 financial results, ending September 30, 2022. The company shared updates on business initiatives, focusing on manufacturing scale-up and customer acquisition. A shareholder letter detailing these results is available on their Investor Relations website. Management will conduct a live conference call today at 2:00 PM PT (5:00 PM ET) to discuss the results and business updates.
Amprius specializes in manufacturing high-energy lithium-ion batteries with silicon nanowire anodes.
Amprius Technologies, Inc. (NYSE: AMPX) announced its participation in notable events in November 2022, including the LithiumSAFE Battery Safety Workshop and the Stanford Global Energy Forum Showcase. Dr. Ionel Stefan, CTO, will present at the LithiumSAFE event, emphasizing advancements in battery safety. Ronnie Tao, VP of Business Development, will represent the company at Stanford, which aims to address global energy challenges. The firm, based in Fremont, California, is recognized for its ultra-high energy density lithium-ion batteries.
Amprius Technologies, Inc. (NYSE: AMPX) will announce its third-quarter financial results for 2022 on November 10, 2022, after market close. A conference call and webcast will be conducted at 5:00 PM ET to discuss these results and updates on manufacturing and customer acquisition. The call will also feature a Q&A session. Replay options will be available until November 24, 2022. Amprius specializes in ultra-high energy density lithium-ion batteries with a Silicon Nanowire Anode Platform, headquartered in Fremont, California.
Amprius Technologies, Inc. (NYSE: AMPX) has entered a three-year cooperation agreement with BAE Systems (OTC-PINK: BAESY) to develop high-energy batteries for electric flight applications. This partnership marks a significant step in utilizing Amprius' silicon nanowire anode technology in military products. Both companies aim to explore business opportunities in the UK, enhancing the potential of lightweight batteries in defense technologies. This agreement underscores Amprius' commitment to advancing its innovative battery solutions in rigorous applications.
Amprius Technologies, Inc. (NYSE: AMPX), a leader in high energy density lithium-ion batteries, announced a demonstration on October 26, 2022, showcasing its ability to charge from 0-80% in under six minutes. The event, featuring Chief Technology Officer Dr. Ionel Stefan, will highlight the advantages of the Silicon Nanowire Anode technology tailored for electric mobility. This battery, which supports the U.S. Advanced Battery Consortium's goal for fast charging, boasts a capacity of 2.75Ah and a discharge rate of 360 Wh/kg. Registration for the virtual demo is required.
Amprius Technologies (NYSE: AMPX) has received its first large-scale anode production machine from centrotherm, aiming to enhance its silicon anode production capacity by approximately 2 MWhs, a tenfold increase by the end of 2023. This expansion is set to meet growing customer demand for high-power batteries and accelerate the development of gigawatt-hour-scale manufacturing processes. The company is also preparing for a high-volume manufacturing facility, potentially located in Texas or Georgia.
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.