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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.
Wallbox N.V. (NYSE: WBX) announced the appointment of two board observers, Dr. Dieter Zetsche and Justin Mirro, collectively bringing over 70 years of automotive experience. Dr. Zetsche, former Chairman of Daimler AG, and Mr. Mirro, Founder of Kensington Capital Partners, will guide Wallbox in its strategic direction and operational excellence. The company plans to seek shareholder approval to expand its board and elect them as directors at the 2023 Annual General Meeting. Wallbox aims to strengthen partnerships with leading automotive companies as it continues to grow in the EV sector.
Amprius Technologies has signed a letter of intent for a 775,000 square foot battery manufacturing facility in Brighton, Colorado, expected to begin operations in 2025. The factory will initially produce 500 MWh of lithium-ion batteries, with long-term expansion potential to 5 GWh. This project is part of a $50 million grant from the Bipartisan Infrastructure Law to bolster domestic battery production. The site was chosen for its existing infrastructure, proximity to key materials, and logistical advantages. The initiative anticipates creating over 300 jobs and is crucial for meeting the demand for high-performance silicon anode batteries.
Amprius Technologies, Inc. (NYSE: AMPX) has announced its participation in several key events scheduled for March 2023, highlighting its leadership in ultra-high energy density lithium-ion batteries. The 35th Annual Roth Conference will occur on March 13, with CFO Sandra Wallach hosting investor meetings. On March 22, Amprius will present at the Stratospheric Operations and Research Symposium, discussing their innovative battery technology. The company will also exhibit at the International Battery Seminar from March 20-23, showcasing advancements in energy storage technologies. Further, a fireside chat with investors will take place at the Jefferies eVTOL Summit on March 28.
Amprius Technologies, Inc. (NYSE: AMPX) announced its participation in the Baird 2023 Vehicle Technology & Mobility Conference on February 15, 2023. The management team will present virtually from 12:35 to 1:05 p.m. Eastern time, followed by 1x1 meetings throughout the day. Interested parties should reach out to their Baird representative for scheduling.
Amprius, headquartered in Fremont, California, specializes in ultra-high energy density lithium-ion batteries, leveraging its Silicon Nanowire Anode Platform for superior battery performance. For further inquiries, contact amprius@gatewayir.com.
Amprius Technologies, Inc. (NYSE: AMPX) has outlined its schedule for January appearances, including participation in the 25th Annual Needham Growth Conference on January 12, 2023, where CEO Dr. Kang Sun and CFO Sandra Wallach will engage with investors. The company will also partake in the UBS Global Energy Transition Call on January 19, 2023, discussing technology and market outlook. Additionally, Amprius CTO Dr. Ionel Stefan is set to speak at the 2023 Autonomous VTOL Technical Meeting on January 26, 2023, about the application of their batteries in eVTOL craft.
Amprius Technologies (NYSE: AMPX) has appointed Scott Zafiropoulo as the new Senior Director of Marketing. With over 20 years of experience in marketing for technology companies, Zafiropoulo will focus on enhancing Amprius' brand as it expands. Previously, he led marketing and sales at PrinterPrezz, successfully driving customer engagement and revenue growth. CEO Dr. Kang Sun highlighted the importance of this appointment in elevating Amprius' presence in the battery industry, emphasizing their commitment to advancing ultra-high energy density batteries.
Amprius Technologies, Inc. (NYSE: AMPX) announced validation of its 390 Wh/kg polymer electrolyte battery cell following a successful nail penetration test, meeting U.S. military specifications. This test proves the safety of the cells under combat conditions, ensuring no combustion or excessive heat occurs during penetration. The innovative technology offers a potential energy density increase of nearly 100%, which could significantly enhance the runtime of wearable batteries for U.S. Army soldiers. A purchase order for thirty battery packs has been placed for capability demonstration purposes.
Amprius Technologies, Inc. (NYSE: AMPX) announced its December event schedule, including participation in the 22nd Annual Advanced Automotive Battery Conference from December 5-8 in Coronado, CA, and the Janney Energy Transition Forum on December 13-14 in San Francisco, CA. These conferences focus on advancements in electrification and lithium battery technologies, enabling networking with industry experts and potential investors.
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.
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