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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News
- No Headlines, No Problem: Why Technical Analysis Still Moves Stocks [Globe and Mail, The (Toronto, Canada)]Globe and Mail, The
- Amprius Technologies, Inc. (NYSE: AMPX) is now covered by analysts at Cantor Fitzgerald. They set an "overweight" rating and a $10.00 price target on the stock.MarketBeat
- Amprius Announces Breakthrough SiCore™ Cell Chemistry to Boost Battery Performance for Electric Mobility Applications [Yahoo! Finance]Yahoo! Finance
- Amprius Announces Breakthrough SiCore™ Cell Chemistry to Boost Battery Performance for Electric Mobility ApplicationsBusiness Wire
- Amprius Technologies, Inc. (NYSE: AMPX) had its price target raised by analysts at Northland Securities from $4.00 to $10.00. They now have an "outperform" rating on the stock.MarketBeat
AMPX
Earnings
- 11/7/24 - Beat
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