Amprius Technologies Says We Expect To Be Capacity Constrained Until We Exit 2023; We Expect To Spend Another $5M-$7M Over The Rest Of The Year To Complete The Build Out Of The Fremont Facility
Portfolio Pulse from Benzinga Newsdesk
Amprius Technologies anticipates being capacity constrained until the end of 2023. The company also plans to spend an additional $5M-$7M throughout the rest of the year to complete the build out of the Fremont facility.
November 09, 2023 | 10:16 pm
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Amprius Technologies' capacity constraints until 2023 and additional spending on Fremont facility could impact AMPX's financial performance.
Amprius Technologies' capacity constraints until the end of 2023 could limit its production and revenue generation, potentially affecting AMPX's financial performance. Additionally, the planned spending of $5M-$7M for the completion of the Fremont facility could increase the company's expenses, further impacting its financials.
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