STOCK TITAN

Amprius to Integrate Safe Cells into Next-Generation U.S. Army Wearable Battery Pack

Rhea-AI Impact
(Neutral)
Rhea-AI Sentiment
(Positive)
Tags
Rhea-AI Summary

Amprius Technologies, Inc. (NYSE: AMPX) announced the integration of its SiMaxx™ safe cells into the U.S. Army's next-generation Wearable Battery pack, doubling the energy density of existing solutions. This advancement will extend mission time for soldiers, highlighting the innovation in wearable battery technology.

Positive
  • Integration of SiMaxx™ safe cells into U.S. Army's Wearable Battery pack enhances mission time for soldiers.

  • Amprius successfully completed scale-up manufacturing initiative under ManTech, delivering SiMaxx™ safe cells.

Negative
  • None.

Cutting-Edge SiMaxx Silicon Anode Safe Cells are Expected to Double the Energy Density of Existing Solutions and Significantly Extend Mission Time for Soldiers

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 it will supply its state-of-the-art SiMaxx™ safe cells to complete the development and qualification for the U.S. Army's next-generation Wearable Battery pack.

Amprius to integrate safe cells into next-generation U.S. Army Wearable Battery pack. (Photo: Business Wire)

Amprius to integrate safe cells into next-generation U.S. Army Wearable Battery pack. (Photo: Business Wire)

One of the recent U.S. Army demands has been for wearable battery technology – powerful solutions in relatively lightweight and compact packages that soldiers can safely carry and wear. The U.S. Army has been working to revolutionize power solutions for dismounted soldiers by introducing a next-generation battery pack with significantly higher energy density than current solutions. When integrated into a battery pack, the SiMaxx™ safe cells will approximately double the energy density of existing solutions, significantly extending mission time for soldiers on the battlefield.

“This battery pack integration marks a significant advancement in enhancing on-the-ground power solutions for the U.S. Army,” said Dr. Kang Sun, CEO of Amprius Technologies. “Our SiMaxx™ safe cells, known for their high energy density and safety features, will play a crucial role in enhancing mission time and reliability for dismounted soldiers.”

This development in battery technology for the U.S. Army represents a substantial progression in wearable battery technology and underscores the importance of innovation in supporting the modernization efforts for our soldiers in the field.

The SiMaxx™ safe cells were developed as part of the U.S. Army-funded Manufacturing Technology (ManTech) program, an industrial preparedness effort focused on scaling critical Army-wide manufacturing requirements. In July 2023, Amprius SiMaxx™ safe cells successfully passed the rigorous safety and performance requirements of MIL-PRE-32383 (Military Performance Specification). In January 2024, Amprius successfully completed its scale-up manufacturing initiative under ManTech, which included the delivery of SiMaxx™ safe cells.

For more information, please visit the Company’s 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. 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 a lease agreement for an approximately 774,000 square foot facility in Brighton, Colorado and expanded its product portfolio to include the SiCore™ platform. For additional information, please visit amprius.com. Also, see the company’s LinkedIn and Twitter pages.

Investors

Tom Colton, Chris Adusei-Poku

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

<p>What is the significance of Amprius' SiMaxx™ safe cells integration into the U.S. Army's Wearable Battery pack?</p>

Amprius' SiMaxx™ safe cells will double the energy density of existing solutions, significantly extending mission time for soldiers.

<p>When did Amprius successfully complete its scale-up manufacturing initiative under ManTech?</p>

Amprius successfully completed its scale-up manufacturing initiative under ManTech in January 2024.

Amprius Technologies, Inc.

NYSE:AMPX

AMPX Rankings

AMPX Latest News

AMPX Stock Data

191.85M
86.54M
15.97%
21.88%
3.15%
Electrical Equipment & Parts
Miscellaneous Electrical Machinery, Equipment & Supplies
Link
United States of America
FREMONT