Latest news with #Amprius
CNBC
17 hours ago
- Business
- CNBC
Buy this high-flying battery maker as drone demand is set to surge, William Blair says
A rise in demand for drones could be a boon for Amprius Technologies stock, according to William Blair. The firm upgraded Amprius stock to outperform from market perform in a Friday note, albeit without a price target. Shares have surged more than 187% so far in 2025. The company develops and manufactures lithium-ion batteries that are used in drones and high-altitude pseudo satellites (HAPS). Analyst Jed Dorsheimer said that the stock will be a beneficiary of the Trump administration's emphasis and focus on drones for defense, as a result of its customers being key players in building the drones. AMPX YTD mountain Amprius Technologies stock in 2025. "This administration has made domestic drone production a strategic goal," the analyst said. President Donald Trump's " Unleashing American Drone Dominance " executive order in June has been a key catalyst for the industry, Dorsheimer said. "The stock has run up significantly from the drone executive order; however, our view is that Amprius is at the beginning of converting evaluations into large purchase orders, supported by the increased focus on drones, and momentum will continue in the shares," Dorsheimer said. The analyst also said Amprius' manufacturing capacity in South Korea and potentially in Europe could be ways to sidestep tariff concerns, especially since the company has a large production network that's reliant on China. "As of now, the performance advantage has outweighed any China related qualms for customers, but Western-friendly regions will eliminate any forward concerns, especially for military customers," the analyst said.
Business Wire
5 days ago
- Business
- Business Wire
Amprius Selected for Amazon Devices Climate Tech Accelerator
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 its selection for the 2025 cohort of the Amazon Devices Climate Tech Accelerator. The program supports companies developing technologies that could help reduce the carbon footprint of Amazon's devices and operations as part of its broader commitment to reach net-zero carbon by 2040 through The Climate Pledge. Amprius was selected through a competitive process prioritizing climate impact and innovation potential, based on the promise of its SiCore® battery platform. SiCore delivers up to 80% higher energy density than conventional lithium-ion batteries, enabling longer runtimes, faster charging, and light-weight design to support more energy-efficient device platforms. 'Participating in the Amazon Devices Climate Tech Accelerator gives us a valuable opportunity to engage with Amazon's technical and sustainability teams that are working on millions of devices worldwide,' said Dr. Kang Sun, CEO of Amprius Technologies. 'We're particularly interested in exploring how our silicon anode technology could provide more efficient and lightweight energy solutions in industrial, consumer electronics, and mobility-focused platforms.' 'We're excited to welcome Amprius to the cohort and explore how their battery innovation can support our goals for sustainable product performance across Amazon Devices,' stated Juliette Devaney, Head of Amazon Devices Climate Tech Accelerator. Amprius' participation reflects the important role advanced batteries play in accelerating electrification and reducing carbon emissions across industries. As demand grows for lighter, more energy-dense solutions in sectors such as light electric vehicles, aviation, and robotics, Amprius' batteries offer a path to higher system efficiency and lower environmental impact, making programs like this a valuable forum for exploring future applications. For more information, please visit the Amprius investor relations website at 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 SiCore® and 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 several agreements to secure over 1.8 GWh of contract manufacturing capacity. For additional information, please visit Also, see the Company's LinkedIn page. 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 performance of Amprius' products, the benefits of Amprius' products to its customers and the industry, the potential applications and addressable market of Amprius' products, and the ability of Amprius' technology to help reduce carbon emissions. 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 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.
Yahoo
02-06-2025
- Automotive
- Yahoo
Amprius Sets June 2025 Events Schedule
FREMONT, Calif., June 02, 2025--(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 its schedule for June appearances and activities. Advanced Automotive Battery Conference (AABC) Europe Date: June 23-26, 2025Location: Mainz Congress; Mainz, GermanyEvent Details: Amprius CTO Dr. Ionel Stefan will present on Thursday, June 26, at 8:35 a.m. CET/Wednesday, June 25, at 11:35 p.m. PT. His presentation is titled Breakthrough Silicon Anode Technology: Ready for Market, Built for Scale. Northland Growth ConferenceDate: June 25, 2025Location: VirtualEvent Details: Amprius CEO Dr. Kang Sun, President Tom Stepien, and CFO Sandra Wallach will hold one-on-one meetings with investors at the event. If you are interested in scheduling a time to meet with management, please contact your Northland representative. 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 1.8GWh of contract manufacturing capacity available today. For additional information, please visit Also, see the Company's LinkedIn and Twitter pages. View source version on Contacts Investors Tom Colton, Greg BradburyGateway Group, Inc.949-574-3860IR@ Media Zach Kadletz, Brenlyn MotlaghGateway Group, Inc.949-574-3860Amprius@ Error while retrieving data Sign in to access your portfolio Error while retrieving data Error while retrieving data Error while retrieving data Error while retrieving data
Business Wire
27-05-2025
- Business
- Business Wire
Amprius Announces Strategic Manufacturing Partnership in South Korea to Support Global Demand
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 a new contract manufacturing agreement with a leading battery manufacturer in South Korea. This strategic partnership expands Amprius' global production footprint and enhances its ability to deliver high-performance SiCore® cells at scale to meet rising global demand. The South Korean partner brings extensive experience in manufacturing advanced lithium-ion batteries across a range of form factors and cell chemistries. Initial production will include a balanced SiCore cell engineered to deliver high-energy and high-power performance for an advanced drone. 'This partnership reflects the next step in Amprius' capital-light production scaling strategy,' said Dr. Kang Sun, CEO of Amprius Technologies. 'By expanding our manufacturing footprint into new regions, we are strengthening our supply chain and positioning ourselves to serve global customers with greater speed and efficiency. This collaboration allows us to scale confidently while continuing to deliver the industry-leading performance for which Amprius is known.' The Korean-based facility will manufacture SiCore silicon anode cells to Amprius' specifications, supporting both current and next-generation battery platforms. These high-performance lithium-ion cells are optimized for high-demand applications in aerospace, defense, and electric mobility. The addition of this manufacturing partner builds upon Amprius' existing 1.8 GWh of contracted production capacity, enabling the Company to deliver at volume and compete more effectively across global markets. This expansion also allows Amprius to streamline logistics and accelerate delivery timelines for customers across the globe. This partnership represents a pivotal step in Amprius' journey to scale its SiCore platform and accelerate the commercialization of high-performance silicon batteries, helping pave the way for the next generation of electric mobility with unparalleled energy density and reliability. For more information, please visit the Amprius investor relations website at 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 1.8GWh of contract manufacturing capacity available today. For additional information, please visit 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 the new SiCore cell, the performance of the new SiCore cell, the benefits of the new SiCore cell to Amprius' customers and the industry, and the ability of Amprius to meet market demand and drive the adoption of silicon anode technology. 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 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.
Business Wire
21-05-2025
- Business
- Business Wire
AALTO Zephyr Achieves World-Record 67-Day Flight Powered by Amprius Ultra-High-Energy Batteries
FREMONT, Calif.--(BUSINESS WIRE)-- Amprius Technologies, Inc. ('Amprius' or the 'Company') (NYSE: AMPX), a leader in next-generation lithium-ion battery technology, today announced that its silicon anode batteries powered AALTO's Zephyr high-altitude pseudo-satellite (HAPS) aircraft during a world-record-setting 67-day flight in the stratosphere, which concluded on April 28, 2025. This uninterrupted flight, conducted at altitudes around 70,000 feet, surpassed Zephyr's previous endurance record of 64 days and marks the longest continuous aircraft flight ever recorded. The Zephyr is a solar-powered unmanned aerial vehicle that operates in the stratosphere, charging its batteries during the day via solar panels and relying on battery power overnight. Amprius' ultra-high-energy-density lithium-ion cells provided the critical energy storage needed to keep the Zephyr flying through multi-night cycles in the thin air of the stratosphere. By enabling reliable overnight power, these silicon anode batteries were a key factor in the mission's success, allowing the aircraft to maintain continuous operation for over two months. Amprius' cells are among the only commercially available batteries known that are capable of delivering the required endurance for persistent HAPS missions, a capability that was essential for Zephyr's day-and-night flight longevity. This achievement was made possible through the close collaboration between Amprius and AALTO HAPS ('AALTO'), a U.K.-based Airbus subsidiary that designs, manufactures, and operates Zephyr. Amprius has been a key supplier of high-performance batteries to AALTO for several years, including for a 2022 Zephyr flight that lasted 64 days. The new 67-day flight builds on that milestone, further proving the reliability of Amprius' technology and the Zephyr system's ability to push the limits of aviation endurance. 'We are extremely proud to see our batteries enable this groundbreaking 67-day flight,' said Dr. Kang Sun, CEO of Amprius Technologies. 'This accomplishment demonstrates the transformative impact of our silicon anode battery technology in aerospace. By providing the energy needed to keep Zephyr flying through the night, our silicon anode cells made it possible to achieve a new level of endurance for stratospheric aircraft. We are honored to partner with AALTO in pushing the boundaries of what high-altitude platforms can do for both commercial and defense applications.' 'Achieving this 67-day flight is a major milestone for Zephyr and HAPS technology more widely,' said Pierre-Antoine Aubourg, Chief Technical Officer at AALTO. 'Amprius' high-energy batteries provided the reliable power storage we needed to maintain Zephyr's day and night operations. Their technology was instrumental in enabling us to break our own endurance record, demonstrating that persistent stratospheric missions and capabilities are now a reality. We look forward to continuing our collaboration with Amprius as we focus on our remaining flight program for 2025.' The record-breaking flight underscores the potential of high-altitude pseudo-satellite platforms for both commercial and defense applications. Operating at roughly 70,000 feet, the Zephyr can fly for months at a time, effectively combining the persistence of a satellite with the flexibility of an unmanned aerial vehicle. This capability opens the door for missions such as continuous border surveillance, secure communications relay, and environmental monitoring that require long-term, persistent coverage. Such ultra-long endurance is especially valuable for defense, where HAPS vehicles like Zephyr can provide persistent ISR (intelligence, surveillance, and reconnaissance) and connectivity over critical areas without interruption. For more information, please visit the Amprius investor relations website at 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 1.8GWh of contract manufacturing capacity available today. For additional information, please visit Also, see the Company's LinkedIn and Twitter pages. About AALTO Based in Farnborough, UK, AALTO is an Airbus subsidiary that designs, manufactures and operates the Zephyr High Altitude Platform Station (HAPS). Powered by solar energy and operating above 60,000+ feet, Zephyr's persistence enables continuous flight for months at a time. Its flight-time record is over 67 days in the stratosphere: a world-record for global aviation. As a payload agnostic platform, Zephyr can deliver several applications including targeted surveillance, disaster management, border protection, and precision agriculture. To find out more about AALTO and the Zephyr High Altitude Platform Station, visit 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,' 'will' 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 impact of silicon anode technology in aerospace, the performance of Amprius' products, the benefits of Amprius' products to both commercial and defense applications, the collaborative relationship of Amprius with AALTO, and the potential applications of AALTO's products. 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 risks related to the ability of Amprius to continue developing and manufacturing high-performing batteries for HAPS applications; Amprius' liquidity position; risks related to the rollout of Amprius' business and the timing of expected business milestones; 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 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.
