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Stock impact report

Amprius Signs Development Contract for a High-Energy Custom Cell with a Fortune 500 Company

Amprius Technologies, Inc. (AMPX) 
Company Research Source: Business Wire
Agreement Funds Development of New Silicon Anode Cell with Reduction of Weight and Size by 50% 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 signed a development contract from a Fortune 500 company. The contract employs Amprius to develop a small format custom high-energy SiMaxx™ pouch cell using Amprius’ proprietary silicon anode technology.This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20241002710327/en/Amprius Signs Development Contract for a High-Energy Custom Cell with a Fortune 500 Company (Graphic: Business Wire)Amprius’ high-energy batteries provide the critical solution to the customer’s application. The project is expected to reduce the battery’s weight and size by approximately 50% compared to their current battery, without compromising performance. A Show less Read more
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