Amprius Secures Over $20 Million in Contracts for Light Electric Vehicle Applications
Amprius Technologies, Inc. (AMPX)
Company Research
Source: Business Wire
Potential for Additional Commitments with New Manufacturing Production Access 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 has received two contracts to supply 40 Ah high-performance cells for Light Electric Vehicle (“LEV”) applications. The contracts total exceeds $20 million and highlights Amprius’ ability to quickly move customers through the commercial validation process, secure volume purchase commitments, and deliver large quantities of cells to customers. Amprius expects to begin shipping the cells in 2024 and recognize 100% of the revenue by mid-2025.This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20240923212068/en/Amprius secures over $20 million in contracts for LEV applications. (Photo: Business Wire)Amprius’ 40 Ah high-performance cells were selected due
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AMPX
News
- Amprius Sets December 2024 Events Schedule [Yahoo! Finance]Yahoo! Finance
- Amprius Sets December 2024 Events ScheduleBusiness Wire
- Amprius Technologies, Inc. (NYSE: AMPX) had its "buy" rating re-affirmed by analysts at HC Wainwright. They now have a $10.00 price target on the stock.MarketBeat
- Amprius Technologies Non-GAAP EPS of -$0.10 misses by $0.03, revenue of $7.86M beats by $2.45M [Seeking Alpha]Seeking Alpha
- Amprius Technologies Inc (AMPX) Q3 2024 Earnings Call Highlights: Revenue Surge and Strategic ... [Yahoo! Finance]Yahoo! Finance
AMPX
Earnings
- 11/7/24 - Beat
AMPX
Analyst Actions
- 11/11/24 - HC Wainwright
AMPX
Sec Filings
- 12/9/24 - Form 424B7
- 11/22/24 - Form 4
- 11/22/24 - Form 4
- AMPX's page on the SEC website