Amprius secures volume purchase order from premier eVTOL OEM, revolutionary battery technology extends flight range and payload capacity.
Amprius Technologies, Inc. (“Amprius” or the “Company”) (NYSE: AMPX), a leader in next-generation lithium-ion batteries with its Silicon Anode Platform, announced it has exited technical engagement and moved into internal qualification, securing a purchase order from an eVTOL (electric vertical take-off and landing) manufacturer for custom silicon anode cells. Amprius’ advanced cells now serve all major segments of the growing aviation market for electric mobility.
The eVTOL manufacturer strategically selected Amprius’ state-of-the-art cells to expand flight range and accelerate time-to-market. The custom cells are based on Amprius’ ultra-high-power-high-energy lithium-ion batteries announced in August.
Kang Sun, Chief Executive Officer of Amprius said:
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As eVTOL manufacturers strive to create safe and lightweight vehicles, one of the primary challenges is finding a battery that meets the rigorous power and energy requirements.
“By harnessing our innovative battery technology, we can rapidly customize our industry-leading cells, extending flight ranges by up to 50% while enhancing payload capacity. Amprius remains dedicated to commercializing high-power and high-energy battery solutions that expand application development and enhance cost-effectiveness in electric mobility.”
Leveraging Amprius’ advanced material system expertise, the 400 Wh/kg cell is capable of an impressive continuous discharge rate of 10C. The new cell brings unprecedented benefits to the eVTOL industry, providing unmatched propulsion power and energy to meet the rigorous demands during takeoff, cruise, and landing without sacrificing performance.
In addition, the new ultra-high-power cell features ultra-fast charging (UFC) capabilities, allowing it to reach 80 percent charge in six minutes or less, facilitating expanded flight operations with swift turnaround times.
The agreement is contingent upon the successful qualification of sample custom cells to be delivered later this year. Following successful qualification of the cells, the eVTOL manufacturer would receive an increased number of custom samples in early 2024 for their demonstrator integration.
In parallel with the integration, Amprius expects to engage in discussion for a long-term volume purchase agreement to support the eVTOL manufacturer’s pre-production units in 2025 and beyond. The future volume purchases would be supported by Amprius’ Brighton, Colorado gigawatt-hour scale factory.
For more information, please visit the Company’s investor relations website at ir.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.
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Amprius Secures Volume Purchase Order from Premier eVTOL OEM, FREMONT, Calif., October 5, 2023
