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Amprius Ships High-Performance SiCore Cells to Multiple Drone Customers from U.S. Pilot Line

1. Amprius delivers SiCore® battery cells to drone and UAV manufacturers. 2. High-energy cells supplied to Airbus and other manufacturers signal strong demand.

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FAQ

Why Bullish?

The delivery of SiCore® battery cells indicates strong market demand and technological prowess, akin to other high-growth battery companies that saw stock price increases following major deals or product launches in the past.

How important is it?

The announcement signals potential growth and revenue that positively influences investor sentiment towards AMPX.

Why Short Term?

Immediate revenue recognition from new contracts may boost stock performance in the near term, similar to how other firms have experienced price appreciation following significant orders.

Related Companies

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 delivered SiCore® battery cells to multiple advanced drone and unmanned aerial vehicle (UAV) customers from its Fremont, California pilot line. These cells include 450 Wh/kg high-energy cells to Airbus subsidiary AALTO and balanced energy-and-power cells to drone manufacturers supporting.

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