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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) will hold a conference call on May 10, 2023, at 5:00 p.m. Eastern Time to discuss its financial results for Q1 ended March 31, 2023. Financial results will be released prior to the call, which will also include a Q&A session. Interested parties can join via a toll-free number or an online webcast. The company, a leader in next-generation lithium-ion batteries, is known for its Silicon Anode Platform that delivers industry-leading energy density cells. Recently, Amprius signed a letter of intent for a new facility in Brighton, Colorado, to increase its manufacturing capacity to meet customer demand. This facility is expected to provide up to 5 GWh capacity.
Amprius Technologies (NYSE: AMPX), recognized for its innovative silicon anode technology, is set to enhance AeroVironment's (NASDAQ: AVAV) Switchblade 300 Block 20 tactical missile system by providing high energy density lithium-ion battery cells. This collaboration aims to increase flight time by over 50%, facilitating longer endurance and improved loitering capability. Amprius began supplying battery cells in 2022 and is committed to future deliveries. The Company is also expanding its manufacturing capabilities, having signed a letter of intent for a 774,000 square foot facility in Brighton, Colorado, to meet rising demand. The lightweight battery cells are expected to significantly enhance mission performance and operational range for military applications.
Amprius Technologies, Inc. (NYSE: AMPX) announced its fourth quarter and full year 2022 financial results, with a focus on its Silicon Anode Platform. The company outlined its business initiatives, including product roadmap milestones, manufacturing scale-up, and customer acquisition efforts. A significant development is the signed letter of intent for a new facility in Brighton, Colorado, potentially increasing manufacturing capacity by up to 5 GWh. Amprius is known for producing high-density lithium-ion batteries, achieving up to 450 Wh/kg and 1,150 Wh/L, significantly outperforming traditional graphite cells.
Amprius Technologies (NYSE: AMPX) has announced the verification of its next-generation lithium-ion battery cell, achieving an impressive energy density of 500 Wh/kg and 1300 Wh/L. This development positions Amprius as a frontrunner in the industry, with potential applications in aviation and electric vehicles, projected to exceed $100 billion in battery demand by 2025. The new battery cells are 200% more efficient than existing graphite cells, offering significant weight and volume advantages. Prototypes are set to be shipped to select customers this year, continuing the company's trend of delivering breakthrough energy solutions.
Amprius Technologies, Inc. (NYSE: AMPX) will conduct a conference call and webcast on March 23, 2023, at 5:00 PM ET to discuss its financial results for the fourth quarter and full year ending December 31, 2022. The results will be disclosed in a press release prior to the call. Participants can join via the toll-free number 866-424-3442 or the international number 201-689-8548. The session will include a presentation followed by a Q&A. Amprius, based in Fremont, California, specializes in ultra-high energy density lithium-ion batteries utilizing a Silicon Anode Platform.
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