Amprius Secured U.S. Army $1.9M xTechPrime Award To Develop High-Energy Batteries With Reduced Weight And Double The Endurance
Portfolio Pulse from Benzinga Newsdesk
Amprius Technologies, Inc. (NYSE: AMPX) has been awarded a $1.9 million contract by the U.S. Army to develop a high-energy 500 Wh/kg SiMaxx™ cell for defense applications. The contract will be utilized over the next 18 months to create a large form factor prototype.
July 30, 2024 | 12:33 pm
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Amprius Technologies has secured a $1.9 million contract from the U.S. Army to develop a high-energy 500 Wh/kg SiMaxx™ cell for defense applications. This contract will be used over the next 18 months to create a large form factor prototype.
The $1.9 million contract from the U.S. Army is a significant win for Amprius Technologies, indicating strong demand for their high-energy battery technology in defense applications. This could lead to increased revenue and further contracts in the future.
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