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 secures over $20M in contracts for Light Electric Vehicle applications [Seeking Alpha]Seeking Alpha
- Amprius Technologies Receives Continued Listing Standard Notice from NYSEBusiness Wire
- Next Generation Lithium Batteries Market to Grow by USD 72 Billion from 2024-2028, Driven by Strategic Partnerships and AI Impact on Trends- Technavio Report [Yahoo! Finance]Yahoo! Finance
- Amprius Signs LOI with Fortune Global 500 Leader in Light Electric VehiclesBusiness Wire
- Amprius Sets September 2024 Events ScheduleBusiness Wire
AMPX
Earnings
- 8/8/24 - Miss
AMPX
Sec Filings
- 9/20/24 - Form 8-K
- 9/12/24 - Form 8-K
- 9/5/24 - Form 4
- AMPX's page on the SEC website