Amprius Technologies Says We Expect To Spend Another $1M-$2M On Equipment To Support The Up To 2 MWH Line In Fremont; This Includes Necessary Tools To Have Cathode Line Up And Running By Q4
Portfolio Pulse from Benzinga Newsdesk
Amprius Technologies announced plans to spend an additional $1M-$2M on equipment to support their up to 2 MWH line in Fremont. This investment includes necessary tools to have the cathode line operational by Q4.
August 08, 2024 | 8:35 pm
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Amprius Technologies plans to invest $1M-$2M on equipment to support their 2 MWH line in Fremont, including tools to have the cathode line operational by Q4.
The investment in equipment indicates a commitment to expanding production capacity, which is likely to be viewed positively by investors. The operational status by Q4 suggests a clear timeline for potential revenue growth.
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