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Amprius Technologies, Inc. (NYSE: AMPX) is an industry leader in the production of high-energy and high-power lithium-ion batteries. The company specializes in silicon anodes to create the highest known energy density cells. These advanced batteries are notably applied in aviation, particularly for unmanned aerial systems (UAS) such as drones and high-altitude pseudo satellites (HAPS). Based in Fremont, California, Amprius combines cutting-edge research and development with a robust manufacturing facility to meet the growing demand for electric mobility solutions.
Recently, Amprius has expanded its manufacturing capabilities significantly. The company has increased its silicon nanowire anode production at its Fremont headquarters, allowing for a tenfold capacity growth in producing its ultra-high-energy density SiMaxx™ cells. This expansion is aimed at addressing the burgeoning demand in electric mobility applications, demonstrating Amprius' commitment to innovation and scalability.
Amprius' SiMaxx™ batteries offer unparalleled performance, delivering energy densities of up to 450 Wh/kg and 1,150 Wh/L. Furthermore, third-party validations have confirmed these batteries can achieve up to 500 Wh/kg and 1,300 Wh/L. These batteries are indispensable for applications requiring high endurance and reliability, such as military operations and commercial aviation. The company has also introduced the SiCore™ platform, broadening its product range to serve a variety of high-demand sectors.
Strategic partnerships are a cornerstone of Amprius' growth strategy. Collaborations with notable entities like BAE Systems and AALTO HAPS underline the company's impact on high-altitude and long-endurance technologies. These partnerships not only validate Amprius' technological advancements but also ensure a steady pipeline of commercial orders and industry support.
Amprius' commitment to quality and innovation is further evidenced by its collaboration with the U.S. Army. The company has successfully integrated its SiMaxx™ safe cells into the Army's next-generation wearable battery packs, doubling the energy density of current solutions. This achievement highlights Amprius' role in advancing military technology, ensuring that soldiers have reliable, high-performance power solutions in the field.
Financially, Amprius remains strong, with ongoing efforts to secure additional funding and investment to support its expansion plans. The company is also actively engaging with investors and the public through various conferences and strategic events to maintain transparency and foster growth.
For more details, visit the company's investor relations website at ir.amprius.com.
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
Amprius Technologies (NYSE: AMPX) has secured a $1 million grant from the U.S. Department of Energy’s Advanced Manufacturing Office to enhance its lithium-ion battery manufacturing processes. This funding, marking Amprius' third grant from the DOE, supports the company's aim to improve the production of its nanowire-based silicon anodes, which currently achieve energy densities over 1,150 Wh/liter and 450 Wh/kg. The investment aligns with clean energy manufacturing goals and ensures non-dilutive funding for Amprius' growth.
Amprius Technologies, Inc. (NYSE: AMPX) has appointed Andrew Huie as Vice President of Infrastructure, responsible for developing a high-volume manufacturing facility. This strategic move aims to scale production capabilities and meet rising demand for their silicon nanowire battery technology. Huie brings over 30 years of experience in facility development, previously serving at Panasonic Energy of North America. His role is vital as Amprius plans to use funds from its public market entry to accelerate operations in Texas or Georgia.
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