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-0.0194174757281554 -0.0786407766990292 -0.12621359223301 -0.135922330097087 -0.116601941747573 -0.0759223300970874 0.0288349514563107 0.106796116504854
Stock impact report

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 Show less Read more
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