AALTO Airbus, AeroVironment, and centrotherm to Present at Amprius’ December Ribbon-Cutting Ceremony
October 31 2023 - 8:30AM
Business Wire
Distinguished Lineup of Experts to Address
Amprius’ Leading the Future of Electrification with Next-Generation
Battery Technology at the Company’s Fremont, CA Headquarters
Amprius Technologies, Inc. (“Amprius” or the
“Company”) (NYSE: AMPX), a leader in next-generation
lithium-ion batteries with its Silicon Anode Platform, today
announced that a distinguished lineup of experts from AALTO Airbus,
AeroVironment, and centrotherm will present on Amprius’ battery
integrations and capabilities at the Company’s production capacity
expansion ribbon-cutting event.
Amprius is hosting a select group of customers, vendors,
investors, and partners to showcase its new MWh-scale silicon
nanowire anode battery production facility in Fremont, California,
known as Amprius Lab, on December 14, 2023. Amprius is
substantially bolstering its Fremont facility from kWh to MWh
capacity this year – a 10x increase in production exiting 2023 to
further serve existing customers and supply the backlog of new
customers seeking high performance cells.
The invite-only event will include keynote speakers from Airbus
subsidiary AALTO HAPS, aerospace and defense contractor
AeroVironment, and leading technology
& equipment provider centrotherm.
Presentation highlights and speakers:
- AALTO HAPS – AALTO Zephyr – Working Together Towards a
Stratospheric Future, presented by Tom Owen, Power System SME at
AALTO HAPS Ltd.
- AeroVironment – Switchblade Loitering Munitions:
AeroVironment’s Partnership with Amprius, presented by John Aldana,
Sr. Director, Switchblade 300 Product Line Loitering Missile
Systems at AeroVironment
- centrotherm – Development of CVD-Production Equipment
for Advanced Electronic Devices in Commodity Markets, presented by
Helge Haverkamp, CTO at centrotherm
“This is a critical milestone as we showcase our successful
scale from kWh to MWh capability on our journey to GWh scale in
2025. The facility in Fremont, CA not only adds additional
production capacity to serve customers, but also provides our
engineering team with a tool to optimize manufacturing processes
for our industry leading technology,” said Dr. Kang Sun, CEO of
Amprius.
During the event, invitees can also engage Amprius executives on
the expansion’s impact and observe the state-of-the-art
manufacturing equipment. All-new assembly and dry rooms will be
available for viewing – along with silicon anode mass production
equipment, the same technology planned for the GWh factory in
Colorado.
Amprius’ cells power products from these renowned companies,
along with other leading mobility and defense partners, and are
well positioned to support the fast-growing aviation and,
eventually, electric vehicle markets, estimated to be collectively
over $100 billion in battery demand by 2025.
If you are attending the Advanced Automotive Battery Conference
(AABC) Conference in San Diego December 11-14th, please visit us at
booth #121 or swing by after the conference and join us in Fremont,
CA for this exciting event.
To inquire about an invitation and event details, please contact
rsvp@amprius.com.
About Amprius Technologies, Inc.
Amprius Technologies, Inc. is a leading manufacturer of
high-energy and high-power lithium-ion batteries producing the
industry’s highest known energy density cells. The company’s
commercially available batteries deliver up to 450 Wh/kg and 1,150
Wh/L. The company’s corporate headquarters is in Fremont,
California where it maintains an R&D lab and a pilot
manufacturing facility for the fabrication of silicon anodes and
cells. To serve customer demand, Amprius recently entered into a
lease agreement for an approximately 774,000 square foot facility
in Brighton, Colorado. For additional information, please visit
amprius.com. Also, see the company’s LinkedIn and Twitter
pages.
Forward-Looking Statements
This press release includes “forward-looking statements” within
the meaning of Section 27A of the Securities Act of 1933 and
Section 21E of the Securities Exchange Act of 1934, each as
amended. Forward-looking statements may be identified by the use of
words such as “estimate,” “plan,” “project,” “forecast,” “intend,”
“expect,” “anticipate,” “believe,” “seek” or other similar
expressions that predict or indicate future events or trends or
that are not statements of historical matters. These
forward-looking statements include, but are not limited to,
statements regarding the timing and ability of Amprius to expand
its Fremont facility and increase its capacity, the benefits of the
Fremont facility to Amprius’ business and technology, the
technology that will be used in Amprius’ large-scale manufacturing
facility, the ability of Amprius to meet the demands from existing
customers and to engage new customers, the timing and ability of
Amprius to expand its manufacturing capacity and scale its
business, the addressable market for Amprius’ batteries, the
potential application and performance of Amprius’ batteries, and
the estimated size of the battery market. These statements are
based on various assumptions, whether or not identified in this
press release, and on the current expectations of Amprius’
management and are not predictions of actual performance. Actual
results could differ materially from these forward-looking
statements as a result of certain risks and uncertainties. These
forward-looking statements are subject to a number of risks and
uncertainties, including delays in permitting, construction and
operation of production facilities; Amprius’ liquidity position;
risks related to the rollout of Amprius’ business and the timing of
expected business milestones; Amprius’ ability to commercially
produce high performing batteries; the effects of competition on
Amprius’ business; supply shortages in the materials necessary for
the production of Amprius’ products; the risk that Amprius’ high
volume tools do not achieve sufficient quality or yield or that its
manufacturing process does not meet cost targets; and changes in
domestic and foreign business, market, financial, political and
legal conditions. For more information on these risks and
uncertainties that may impact the operations and projections
discussed herein can be found in the documents we filed from time
to time with the Securities and Exchange Commission (the “SEC”),
all of which are available on the SEC’s website at www.sec.gov.
There may be additional risks that Amprius does not presently know
or that Amprius currently believes are immaterial that could also
cause actual results to differ from those contained in the
forward-looking statements. In addition, forward-looking statements
reflect Amprius’ expectations, plans or forecasts of future events
and views as of the date of this press release. These
forward-looking statements should not be relied upon as
representing Amprius’ assessments as of any date subsequent to the
date of this press release. Accordingly, undue reliance should not
be placed upon the forward-looking statements. Except as required
by law, Amprius specifically disclaims any obligation to update any
forward-looking statements.
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version on businesswire.com: https://www.businesswire.com/news/home/20231031163265/en/
Investors Tom Colton, Chris Adusei-Poku Gateway Group,
Inc. 949-574-3860 IR@amprius.com
Media Zach Kadletz, Brenlyn Motlagh Gateway Group, Inc.
949-574-3860 Amprius@Gateway-grp.com
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