STOCK TITAN

Amprius Celebrates Opening of Contract Manufacturing Partner’s New Lines to Meet Rising Demand for Amprius High-Energy Silicon Anode Batteries

Rhea-AI Impact
(No impact)
Rhea-AI Sentiment
(Neutral)
Tags

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) annuncia l'apertura di nuove linee di produzione presso l'impianto di un partner di produzione a contratto, ampliando la capacità produttiva a 800 MWh per le celle a busta SiCore™. L'espansione ha iniziato le spedizioni a ottobre 2024, supportando vari ordini da clienti, incluso un ordine di 20 milioni di dollari per Veicoli Elettrici Leggeri.

L'impianto dispone di controlli ambientali avanzati e di attrezzature di produzione di batterie all'avanguardia, progettate specificamente per le batterie a anodo di silicio di Amprius. L'accordo pluriennale con il produttore a contratto, che prevede di superare 100 GWh di capacità produttiva totale nel 2025, fa parte della strategia di Amprius per garantire produzione scalabile, riducendo al contempo i costi. Il produttore fornirà buste SiCore in varie chimiche e formati, comprese celle cilindriche 18650 e 21700.

Amprius Technologies (NYSE: AMPX) anuncia la apertura de nuevas líneas de producción en las instalaciones de un socio de fabricación por contrato, expandiendo la capacidad de producción a 800 MWh para las celdas de bolsa SiCore™. La expansión comenzó a enviar en octubre de 2024, apoyando varios pedidos de clientes, incluido un pedido de 20 millones de dólares para Vehículos Eléctricos Ligeros.

La instalación cuenta con controles ambientales avanzados y equipos de fabricación de baterías de vanguardia, diseñados específicamente para las baterías de ánodo de silicio de Amprius. El acuerdo de varios años con el fabricante por contrato, que espera superar 100 GWh de capacidad de producción total en 2025, es parte de la estrategia de Amprius para asegurar una producción escalable mientras minimiza los costos. El fabricante proporcionará bolsas SiCore en diversas químicas y formatos, incluidas celdas cilíndricas 18650 y 21700.

암프리우스 테크놀로지스 (NYSE: AMPX)는 계약 제조 파트너 시설에서 새로운 생산 라인의 개설을 발표하며, SiCore™ 파우치 셀에 대한 제조 용량을 800 MWh로 확장했습니다. 이 확장은 2024년 10월부터 출하를 시작했으며, 이전에 발표된 2천만 달러 주문을 포함한 다양한 고객 주문을 지원합니다.

이 시설은 암프리우스의 실리콘 음극 배터리를 위해 특별히 설계된 첨단 환경 제어 및 최첨단 배터리 제조 장비를 갖추고 있습니다. 계약 제조업체와의 다년 계약은 2025년에 총 생산 용량이 100 GWh를 초과할 것으로 예상되며, 이는 비용을 최소화하면서 확장 가능한 생산을 확보하려는 암프리우스의 전략의 일환입니다. 제조업체는 18650과 21700 원통형 셀을 포함하여 다양한 화학 조성과 형식의 SiCore 파우치를 공급할 예정입니다.

Amprius Technologies (NYSE: AMPX) annonce l'ouverture de nouvelles lignes de production dans l'installation d'un partenaire de fabrication sous contrat, augmentant la capacité de production à 800 MWh pour les cellules pouch SiCore™. L'expansion a commencé à expédier en octobre 2024, soutenant divers ordres clients, y compris un ordre de 20 millions de dollars pour des Véhicules Électriques Légers.

La structure dispose de contrôles environnementaux avancés et d'équipements de fabrication de batteries de pointe spécifiquement conçus pour les batteries à anode en silicium d'Amprius. L'accord pluriannuel avec le fabricant sous contrat, qui s'attend à dépasser 100 GWh de capacité de production totale en 2025, fait partie de la stratégie d'Amprius pour garantir une production évolutive tout en minimisant les coûts. Le fabricant fournira des pochettes SiCore dans diverses chimies et formats, y compris des cellules cylindriques 18650 et 21700.

Amprius Technologies (NYSE: AMPX) gibt die Eröffnung neuer Produktionslinien in der Einrichtung eines Vertragspartners bekannt, wodurch die Produktionskapazität für SiCore™-Taschenzellen auf 800 MWh erhöht wird. Die Expansion nahm im Oktober 2024 den Versand auf und unterstützt verschiedene Kundenaufträge, einschließlich eines zuvor angekündigten Auftrags über 20 Millionen Dollar für Leichte Elektrofahrzeuge.

Die Einrichtung verfügt über fortschrittliche Umweltkontrollen und hochmoderne Batterieherstellungsanlagen, die speziell für die Siliziumanodenbatterien von Amprius entwickelt wurden. Der mehrjährige Vertrag mit dem Auftragshersteller, der erwartet, 2025 die Gesamtproduktionskapazität von 100 GWh zu überschreiten, ist Teil von Amprius' Strategie, eine skalierbare Produktion bei gleichzeitiger Kostensenkung zu sichern. Der Hersteller wird SiCore-Taschen in verschiedenen Chemien und Formaten liefern, einschließlich zylindrischer Zellen der Typen 18650 und 21700.

Positive
  • None.
Negative
  • None.

Showcases 800 MWh Capacity for SiCore™ Cells with Shipments Beginning October 2024

FREMONT, Calif.--(BUSINESS WIRE)-- Amprius Technologies, Inc. (“Amprius” or the “Company”) (NYSE: AMPX), a leader in next-generation lithium-ion batteries with its Silicon Anode Platform, today announced one of its contract manufacturing partners has opened new lines to support increased SiCore™ production. The newly installed production lines provide Amprius with manufacturing capacity of up to 800 MWh for its SiCore pouch cells. This expansion marks a significant milestone in Amprius' global manufacturing strategy, significantly enhancing its production capabilities to meet the rising demand for its next-generation, high-performance silicon anode batteries.

The newly installed production lines provide Amprius with manufacturing capacity of up to 800 MWh for its SiCore pouch cells. (Photo: Business Wire)

The newly installed production lines provide Amprius with manufacturing capacity of up to 800 MWh for its SiCore pouch cells. (Photo: Business Wire)

The newly established production lines have officially begun operations at one of Amprius' contract manufacturing partners' facilities, designed specifically to produce Amprius' SiCore batteries. This expansion ensures customers have increased access to the company’s high-energy, high-power silicon anode batteries for electric mobility applications. Dr. Kang Sun, CEO of Amprius Technologies, along with representatives from Amprius’ engineering and quality team, participated in the opening ceremony.

Shipments from these lines began in October 2024, supporting the various customer orders including the $20 million order for Light Electric Vehicles the Company previously announced in September. The facility integrates the latest innovations in battery manufacturing equipment and processes, leveraging cutting-edge technology with advanced environmental controls, ensuring optimal performance and quality for Amprius silicon anode cell chemistries.

"Amprius is rapidly expanding its global manufacturing partnerships to meet the growing demand for our advanced battery technology," said Dr. Kang Sun, CEO of Amprius Technologies. "With this expanded contract manufacturing arrangement, we’ve secured gigawatt-hour-scale production capacity for SiCore silicon anode batteries across our key partnerships. This strategic expansion enables us to deliver the high-performance silicon batteries that our customers rely on to power their most advanced electric mobility applications."

The multi-year, long term agreement with the contract manufacturer is a key part of Amprius' manufacturing strategy to secure scalable, high-quality production capacity while minimizing investment and incremental costs. With over 20 years of industry manufacturing experience and a total production capacity expected to exceed 100 GWh in 2025, the partner provides the flexibility needed to meet Amprius’ high energy density and longevity standards while supporting future expansion.

Since announcing the SiCore platform in January, customer demand for large quantities of SiCore batteries has increased, necessitating the acceleration of SiCore production capacity. These expanded contract manufacturing arrangements allow Amprius to efficiently scale operations, ensuring customers have access to its industry-leading battery performance. Amprius’ contract manufacturers will supply SiCore pouches in various chemistries and form factors, including 18650 and 21700 cylindrical cells.

For more information on Amprius, please visit the Company’s investor relations website at https://ir.amprius.com.

About Amprius Technologies, Inc.

Amprius Technologies, Inc. is a leading manufacturer of high-energy and high-power lithium-ion batteries, producing the industry’s highest-known energy-density cells. The company’s commercially available SiMaxx™ batteries deliver up to 450 Wh/kg and 1,150 Wh/L, with third-party validation of 500 Wh/kg and 1,300 Wh/L. Amprius expanded its product portfolio to include the SiCore™ platform in 2024, significantly enhancing its ability to serve additional customer applications. The company’s corporate headquarters is in Fremont, California, where it maintains an R&D lab and a MWh scale manufacturing facility for the fabrication of silicon anodes and cells. To serve customer demand, Amprius entered into several agreements to secure over 500 MWh of contract manufacturing available today. For additional information, please visit amprius.com. Also, see the company’s LinkedIn and Twitter pages.

Forward-Looking Statements

This press release includes “forward-looking statements” within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934, each as amended. Forward-looking statements may be identified by the use of words such as “estimate,” “plan,” “project,” “forecast,” “intend,” “expect,” “anticipate,” “believe,” “seek” or other similar expressions that predict or indicate future events or trends or that are not statements of historical matters. These forward-looking statements include, but are not limited to, statements regarding the manufacturing capacity the new production lines could create and the aggregate capacity of SiCore batteries Amprius is able to secure across its key partnerships, customer demand for Amprius’ batteries, the addressable market and application of Amprius’ batteries, when the shipments from the new lines will begin, the expected capacity of Amprius’ partner in 2025, the performance of the batteries manufactured by Amprius’ manufacturing partner, the benefits of the contract manufacturing arrangements and the type of batteries Amprius’ contract manufacturing partners will supply. These statements are based on various assumptions, whether or not identified in this press release, and on the current expectations of Amprius’ management and are not predictions of actual performance. Actual results could differ materially from these forward-looking statements as a result of certain risks and uncertainties. These forward-looking statements are subject to a number of risks and uncertainties, including market demands for SiCore batteries; the ability of Amprius to deliver high performance products to customers at acceptable prices and meet their demands via the contract manufacturing arrangements; third-party producers of Amprius batteries continuing to produce such batteries in the expected quantities and caliber and at the expected prices; Amprius’ customers continuing to purchase batteries directly from Amprius; Amprius’ liquidity position; risks related to the rollout of Amprius’ business and the timing of expected business milestones; Amprius’ ability to commercially produce high performing batteries; the effects of competition on Amprius’ business; supply shortages in the materials necessary for the production of Amprius’ products; and changes in domestic and foreign business, market, financial, political and legal conditions. For more information on these risks and uncertainties that may impact the operations and projections discussed herein can be found in the documents we filed from time to time with the Securities and Exchange Commission (the “SEC”), all of which are available on the SEC’s website at www.sec.gov. There may be additional risks that Amprius does not presently know or that Amprius currently believes are immaterial that could also cause actual results to differ from those contained in the forward-looking statements. In addition, forward-looking statements reflect Amprius’ expectations, plans or forecasts of future events and views as of the date of this press release. These forward-looking statements should not be relied upon as representing Amprius’ assessments as of any date subsequent to the date of this press release. Accordingly, undue reliance should not be placed upon the forward-looking statements. Except as required by law, Amprius specifically disclaims any obligation to update any forward-looking statements.

Investors

Tom Colton, Greg Bradbury

Gateway Group, Inc.

949-574-3860

IR@amprius.com

Media

Zach Kadletz, Brenlyn Motlagh

Gateway Group, Inc.

949-574-3860

Amprius@Gateway-grp.com

Source: Amprius Technologies, Inc.

FAQ

What is the new manufacturing capacity for Amprius (AMPX) SiCore batteries in 2024?

The newly installed production lines provide Amprius with manufacturing capacity of up to 800 MWh for its SiCore pouch cells.

When will Amprius (AMPX) begin shipments from the new manufacturing lines?

Shipments from the new production lines began in October 2024.

What types of battery cells will Amprius (AMPX) contract manufacturers produce?

The contract manufacturers will produce SiCore pouches in various chemistries and form factors, including 18650 and 21700 cylindrical cells.

What is the expected production capacity of Amprius' (AMPX) contract manufacturer by 2025?

The contract manufacturer's total production capacity is expected to exceed 100 GWh in 2025.

Amprius Technologies, Inc.

NYSE:AMPX

AMPX Rankings

AMPX Latest News

AMPX Stock Data

139.71M
105.84M
68.56%
7.43%
3.04%
Electrical Equipment & Parts
Miscellaneous Electrical Machinery, Equipment & Supplies
Link
United States of America
FREMONT