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Amprius Ships A-Sample EV Cells to United States Advanced Battery Consortium

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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) ha spedito celle SiMaxx™ A-Sample per veicoli elettrici al Consorzio Avanzato di Batterie degli Stati Uniti (USABC). I test interni mostrano che le celle raggiungono 360 Wh/kg di energia specifica, superando l'obiettivo di 275 Wh/kg dell'USABC, con una densità di potenza di 1200 W/kg. Le celle possono caricarsi fino al 90% in 15 minuti, superando l'obiettivo dell'USABC dell'80%. Questa spedizione segna l'ultimo traguardo di un contratto da 3 milioni di dollari con l'USABC assegnato nel maggio 2022 per lo sviluppo di batterie a base di nanofili di silicio a ricarica rapida. L'azienda sta lavorando per raggiungere 1000 cicli e crede che questi sviluppi li posizionino bene per le valutazioni dei produttori di automobili.

Amprius Technologies (NYSE: AMPX) ha enviado celdas SiMaxx™ A-Sample para vehículos eléctricos al Consorcio Avanzado de Baterías de EE.UU. (USABC). Las pruebas internas muestran que las celdas alcanzan 360 Wh/kg de energía específica, superando el objetivo de 275 Wh/kg establecido por el USABC, con una densidad de potencia de 1200 W/kg. Las celdas pueden cargarse al 90% en 15 minutos, superando el objetivo del 80% del USABC. Este envío marca el último hito de un contrato de 3 millones de dólares con el USABC concedido en mayo de 2022 para desarrollar baterías de nanofibra de silicio de carga rápida. La empresa está trabajando para alcanzar 1000 ciclos y cree que estos desarrollos los posicionan bien para las evaluaciones de los fabricantes de automóviles.

암프리우스 테크놀로지스 (NYSE: AMPX)는 미국 고급 배터리 컨소시엄(USABC)에게 SiMaxx™ A-Sample 전기차 셀을 배송했습니다. 내부 테스트 결과, 이 셀은 360 Wh/kg의 특정 에너지를 달성하여 USABC의 275 Wh/kg 목표를 초과하며, 1200 W/kg의 전력 밀도를 자랑합니다. 이 셀은 15분 만에 90%까지 충전이 가능해 USABC의 80% 목표를 초과합니다. 이번 배송은 2022년 5월에 수여된 300만 달러 USABC 계약의 최종 이정표를 나타냅니다. 이 계약은 빠른 충전 실리콘 나노와이어 배터리 개발을 위한 것입니다. 이 회사는 1000사이클을 달성하기 위해 노력하고 있으며, 이러한 개발이 자동차 제조업체 평가에 유리한 위치를 제공한다고 믿고 있습니다.

Amprius Technologies (NYSE: AMPX) a expédié des cellules SiMaxx™ A-Sample pour véhicules électriques au Consortium Avancé de Batteries des États-Unis (USABC). Les tests internes montrent que les cellules atteignent 360 Wh/kg d'énergie spécifique, dépassant l'objectif de 275 Wh/kg de l'USABC, avec une densité de puissance de 1200 W/kg. Les cellules peuvent se charger à 90% en 15 minutes, dépassant l'objectif de 80% fixé par l'USABC. Cet envoi marque la dernière étape d'un contrat de 3 millions de dollars avec l'USABC attribué en mai 2022 pour le développement de batteries à nanofils de silicium à charge rapide. L'entreprise travaille à atteindre 1000 cycles et pense que ces développements les positionnent bien pour les évaluations des fabricants automobiles.

Amprius Technologies (NYSE: AMPX) hat SiMaxx™ A-Sample EV-Zellen an das United States Advanced Battery Consortium (USABC) versendet. Interne Tests zeigen, dass die Zellen 360 Wh/kg spezifische Energie erreichen und damit das Ziel von 275 Wh/kg des USABC übertreffen, bei einer Leistungsdichte von 1200 W/kg. Die Zellen können in 15 Minuten auf 90% aufladen, was das Ziel von 80% des USABC übertrifft. Diese Lieferung markiert den letzten Meilenstein in einem 3 Millionen US-Dollar Vertrag mit dem USABC, der im Mai 2022 für die Entwicklung von Schnelllade-Silizium-Nanodrähte-Batterien vergeben wurde. Das Unternehmen arbeitet daran, 1000 Zyklen zu erreichen und glaubt, dass diese Entwicklungen sie gut für die Bewertungen von Automobilherstellern positionieren.

Positive
  • A-Sample EV cells exceed USABC performance targets with 360 Wh/kg specific energy vs 275 Wh/kg requirement
  • Achieved superior charging capabilities: 90% charge in 15 minutes vs 80% USABC target
  • Successfully completed $3M USABC technology development contract
  • Cells demonstrate high power density of 1200 W/kg
Negative
  • 1000 cycles goal not yet achieved, still in progress

Insights

The delivery of A-Sample EV cells to USABC represents a significant technical milestone, with performance metrics that substantially exceed industry standards. The 360 Wh/kg specific energy surpasses the USABC target by over 30%, while the 15-minute charging to 90% capacity demonstrates remarkable fast-charging capabilities. These specifications position Amprius' silicon anode technology as a potential game-changer for the EV industry.

The completion of this $3M USABC contract milestone opens doors for broader automotive industry adoption. The involvement of major automakers through USABC (Ford, GM, Stellantis) provides a clear path to commercialization. The technology's ability to address range anxiety and charging speed - two primary barriers to EV adoption - could accelerate market penetration once scaled to high-volume manufacturing.

Cells Equipped to Address Electric Vehicle Goals Set Forth by USABC

FREMONT, Calif.--(BUSINESS WIRE)-- Amprius Technologies, Inc. (“Amprius”) (NYSE: AMPX), a leader in next-generation lithium-ion batteries with its Silicon Anode Platform, today announced it has shipped SiMaxx™ A-Sample EV Cells to the United States Advanced Battery Consortium LLC (USABC), whose mission is to develop advanced battery cell and system technologies to meet next-generation performance and cost goals for electric vehicles. These cells are designed to address some of the most challenging issues experienced by EV users, such as range anxiety and the need for shorter charging times.

Amprius Ships A-Sample EV Cells to United States Advanced Battery Consortium (Graphic: Business Wire)

Amprius Ships A-Sample EV Cells to United States Advanced Battery Consortium (Graphic: Business Wire)

Amprius’ own internal testing of the A-Sample EV cell has shown exceptional performance, achieving a specific energy of 360 Wh/kg at the beginning of life—surpassing the USABC program target of 275 Wh/kg at end of life—while delivering a power density of 1200 W/kg. This breakthrough could result in a significant increase in range compared to most commercial EV batteries available today. Additionally, the A-Sample EV cells can charge to 90% of their rated energy in just 15 minutes, exceeding the USABC target of 80% within the same timeframe. Based on initial results, Amprius believes it is making significant strides towards achieving its goal of 1000 cycles.

“We look forward to USABC validation of the A-sample cell performance towards showcasing the unique advantages of Amprius cells in electric vehicles,” said Dr. Kang Sun, CEO of Amprius Technologies. “This is another important battery technology development milestone at Amprius after we successfully launched high-performance silicon anode battery business in aviation and light vehicle markets. We believe our batteries are well-positioned to support all electric mobility markets. With their superior energy and power performance, fast charging, wide operating temperature range, and safety features, Amprius is continuing to transform the EV sector and other electric mobility segments as we scale toward high-volume manufacturing.”

Amprius has held technical engagements with multiple automotive OEMs and has had a long-standing collaboration with USABC. Delivered on schedule in September, the A-Sample EV cells shipment is the final milestone in the $3M USABC technology development contract awarded to Amprius in May 2022 to create a low-cost, fast-charge silicon nanowire battery. Amprius believes this achievement paves the way for additional sampling and evaluation by automotive manufacturers.

USABC is a subsidiary of the United States Council for Automotive Research LLC (USCAR), the collaborative technology company of Ford Motor Company, General Motors, and Stellantis. Enabled by a cooperative agreement with the U.S. Department of Energy (DOE), USABC's mission is to develop electrochemical energy storage technologies that advance commercialization of next generation electrified vehicle applications. In support of its mission, USABC has developed mid- and long-term goals to guide its projects and measure its progress. For more information, visit http://www.uscar.org/usabc.

For more information, please visit the Amprius investor relations website at 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 500Wh/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 500MWh 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 potential application and addressable market of Amprius’ batteries, the performance of Amprius’ batteries, the ability of Amprius to transform the EV sector and other electric mobility segments, the ability of Amprius to scale toward high-volume manufacturing, and the benefits of the achievement with the USABC. 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 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 performance metrics did Amprius (AMPX) A-Sample EV cells achieve in internal testing?

Amprius' A-Sample EV cells achieved 360 Wh/kg specific energy and 1200 W/kg power density, with the ability to charge to 90% in 15 minutes.

How does Amprius (AMPX) A-Sample EV cells' charging time compare to USABC targets?

Amprius' cells can charge to 90% in 15 minutes, exceeding USABC's target of 80% charge in the same timeframe.

What was the value of USABC's contract with Amprius (AMPX) for silicon nanowire battery development?

USABC awarded Amprius a $3M technology development contract in May 2022 for creating a low-cost, fast-charge silicon nanowire battery.

Amprius Technologies, Inc.

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