Amprius Secures Volume Purchase Order From Premier eVTOL OEM
Portfolio Pulse from Benzinga Newsdesk
Amprius Technologies (NYSE:AMPX), a leader in lithium-ion batteries, has secured a purchase order from an eVTOL (electric vertical take-off and landing) manufacturer for custom silicon anode cells. The company's advanced cells will serve all major segments of the growing aviation market for electric mobility. The agreement is contingent upon the successful qualification of sample custom cells to be delivered later this year. Following successful qualification, the eVTOL manufacturer would receive an increased number of custom samples in early 2024 for their demonstrator integration.
October 05, 2023 | 12:45 pm
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Amprius Technologies has secured a significant purchase order from an eVTOL manufacturer for its custom silicon anode cells. This could potentially boost the company's revenues and market position in the electric mobility sector.
The news of Amprius securing a purchase order from an eVTOL manufacturer is directly relevant to the company and its stock. This could potentially increase the company's revenues and strengthen its position in the electric mobility market, which could positively impact its stock price in the short term.
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