Amprius Tech Stock Price, News & Analysis

Amprius Technologies (NYSE: AMPX) has unveiled a new SiCore™ cell as part of its Silicon Anode Platform, designed for high-performance electric mobility applications. The breakthrough cell achieves an energy density of 370 Wh/kg while delivering exceptional power performance exceeding 3000 W/kg.

The cell supports high discharge rates up to 10C without cooling and 15C with active cooling, making it ideal for aviation, drones, and high-performance electric vehicles. In Q4 2024, pre-production 10Ah samples were delivered to six customers, with commercialization planned for Q1 2025.

Teledyne FLIR, a leading unmanned solutions provider, is among the customers evaluating the technology for defense, security, and industrial applications. The new cell design optimizes silicon anode composition while maintaining other performance metrics, potentially transforming the power capabilities for high-demand applications like eVTOL aircraft.

Amprius Technologies (NYSE: AMPX), a pioneer in next-generation lithium-ion batteries featuring their Silicon Anode Platform, has announced their participation in the upcoming 27th Annual Needham Growth Conference. The event is scheduled for Tuesday, January 14, 2025, with the management team's presentation set for 9:30 a.m. Eastern time.

The presentation will be accessible both live and via replay through a provided link. Additionally, the Amprius management team will be available for one-on-one meetings throughout the conference day. Interested parties are advised to contact their Needham representative to schedule meetings with management. For further information, investors can reach out to IR@amprius.com.

Amprius Technologies (NYSE: AMPX), a leader in next-generation lithium-ion batteries, has announced its December 2024 event schedule. The company will participate in three major events: the Janney Montgomery Clean Energy Investment Symposium (Dec 4-5) in New Orleans, the 24th Annual Advanced Automotive Battery Conference (Dec 9-12) in Las Vegas, and the Northland Growth Conference (Dec 12, virtual). At AABC, CTO Dr. Ionel Stefan will present on 'High Capacity and High Power Cell Designs with Silicon Anodes'. Management will be available for one-on-one meetings with investors and analysts at all events.

Amprius Technologies (NYSE:AMPX), a developer of next-generation lithium-ion batteries with its Silicon Anode Platform, has announced its third quarter 2024 business and financial results. The company has published a detailed shareholder letter on its investor relations website, covering its performance, new high-performance battery deliveries, manufacturing capability development, and new customer engagements. The company will host a conference call and webcast to discuss these results.

Amprius Technologies (NYSE: AMPX) has shipped SiMaxx™ A-Sample EV Cells to the United States Advanced Battery Consortium (USABC). Internal testing shows the cells achieve 360 Wh/kg specific energy, exceeding USABC's 275 Wh/kg target, with 1200 W/kg power density. The cells can charge to 90% in 15 minutes, surpassing USABC's 80% target. This shipment marks the final milestone in a $3M USABC contract awarded in May 2022 for developing fast-charge silicon nanowire batteries. The company is working towards achieving 1000 cycles and believes these developments position them well for automotive manufacturer evaluations.

Amprius Technologies (NYSE: AMPX) announces the opening of new production lines at a contract manufacturing partner's facility, expanding manufacturing capacity to 800 MWh for SiCore™ pouch cells. The expansion began shipments in October 2024, supporting various customer orders including a previously announced $20 million order for Light Electric Vehicles.

The facility features advanced environmental controls and cutting-edge battery manufacturing equipment specifically designed for Amprius' silicon anode batteries. The multi-year agreement with the contract manufacturer, which expects to exceed 100 GWh total production capacity in 2025, is part of Amprius' strategy to secure scalable production while minimizing costs. The manufacturer will supply SiCore pouches in various chemistries and form factors, including 18650 and 21700 cylindrical cells.

Amprius Technologies (NYSE: AMPX), a next-generation lithium-ion battery manufacturer, has scheduled its third quarter 2024 earnings conference call for Thursday, November 7, 2024, at 5:00 p.m. Eastern time. The company will release its financial results for the quarter ended September 30, 2024, via press release before the call. Management will host a presentation followed by a Q&A session. The call will be accessible via toll-free and international numbers, with a simultaneous webcast available.

Amprius Technologies (NYSE: AMPX) released preliminary Q3 2024 financial results. The company expects to report revenue between $7.6-7.9 million, with a net loss ranging from $10.8-11.8 million, translating to a loss per share of $0.10-0.11. The company maintains a strong balance sheet with approximately $35 million in cash and cash equivalents and no debt. These results are preliminary and unaudited, subject to potential adjustments during the final financial statement review process.

Amprius Technologies (NYSE: AMPX) has signed a development contract with a Fortune 500 company to create a custom high-energy SiMaxx™ pouch cell using Amprius' proprietary silicon anode technology. The project aims to reduce the battery's weight and size by approximately 50% compared to the customer's current battery, without compromising performance.

This smaller and lighter battery is expected to enable better product designs, enhance customer experience, and offer a significant competitive advantage. If project objectives are met, the application could require over one million cells per year. Amprius is seeing increasing demand for its high-performance silicon anode batteries among Fortune 500 leaders, having recently signed an LOI with a different Fortune Global 500 leader in LEVs.