TradingCharts
4 weeks ago
About Berzelius (Nanjing)
https://ocsial.com/news/berzelius-unveils-high-performance-pure-silicon-anode-enhanced-by-ocsial-single-wall-carbon-nanotubes/
Berzelius (Nanjing) Co. Ltd., formerly Amprius (Nanjing) Co. Ltd., was founded in 2017 and was a wholly owned subsidiary of Amprius Inc. until February 2022. Berzelius is a developer and manufacturer of high-capacity silicon anode materials. The company introduced commercial silicon anode materials in 2020 and started building a 20,000-ton manufacturing facility in 2022. The first phase of the factory, with 400-ton annual production capacity, was completed in November of 2022 and started to supply silicon material worldwide. This is one of the largest pure silicon anode materials manufacturing facilities in the industry. Berzelius silicon anode materials have been validated in high performance lithium-ion batteries in electric mobility, consumer electronics and other industrial applications.
Grimwyrd
Sep 10, 2024 2:24 PM
https://stocktwits.com/Grimwyrd/message/585611567
In theory, both AMPX and Berzelius are mostly owned by Amprius Inc still. For Berzelius' SiCore silicon-carbon material, Berzelius owns the material IP and AMPX owns any IP gained while using that material at the battery cell level (e.g., manufacturing, electrolyte/cathode combos, etc). AMPX also has sole rights to use/distribute SiCore as an anode material in America.
Bottom line: if Berzelius makes the SiCore material (or some other silicon-material) kick ass by doping it with graphene nanotubes, AMPX probably stands to benefit too.
The value proposition for Amprius has always been that they are at the forefront of finding ways to use and commercialize silicon in anodes, whether that be silicon nanowire, silicon composite, or now apparently graphene nantoube doped silicon.
gr8lake
1 month ago
Shorting on good news is one of the oldest tactics to keep buyers away, and encourage selling.
It's the old buy on rumor, sell on news, and they use it to their advantage,
That said, and LOI is not good enough news to post IMO. Tell me when you have a contract.
And who is this Fortune Global 500 Leader in Light Electric Vehicles?
NanoEE
3 months ago
Well was I off, or was I off….yea way off.
That is a very interesting number 50,000, out to all those companies for testing, that is some serious testing.
And they are all performing the same testing that Amprius did already, but with validation in mind. It will be interesting to see real world performance results with these batteries.
TradingCharts
3 months ago
Amprius Technologies, Inc. (NYSE:AMPX) – Powering the Future of Electric Mobility with Innovative Silicon Anode Batteries
Published on
JUNE 27, 2024
Amprius’ batteries have been tested and validated by over 100 customers, including major players in the aviation industry such as AALTO Airbus, AeroVironment, BAE Systems, and Teledyne FLIR. The company has shipped over 50,000 batteries since inception, enabling mission-critical applications for its customers.
Financial Overview
For the first quarter of 2024, Amprius reported revenue of $2.3 million, a 244% increase compared to the same period in the prior year. The company’s net loss for the quarter was $9.9 million, compared to a net loss of $9.1 million in the first quarter of 2023.
As of March 31, 2024, Amprius had $39.0 million in cash and cash equivalents, and was debt-free. The company’s current ratio stood at 4.67, indicating a strong liquidity position. However, Amprius expects its capital expenditures and working capital requirements to increase materially in the near future as it continues to invest in the design and build-out of its GWh-scale manufacturing facility in Brighton, Colorado.
https://beyondspx.com/2024/06/27/amprius-technologies-inc-nyseampx-powering-the-future-of-electric-mobility-with-innovative-silicon-anode-batteries/
TradingCharts
4 months ago
Amprius Signs Multiple Contract Manufacturing Partnerships to Secure Over 500 MWh of Production Capacity for SiCore™ Cells
June 20, 2024
https://www.businesswire.com/news/home/20240620752935/en/Amprius-Signs-Multiple-Contract-Manufacturing-Partnerships-to-Secure-Over-500-MWh-of-Production-Capacity-for-SiCore%E2%84%A2-Cells
FREMONT, Calif.--(BUSINESS WIRE)--Amprius Technologies, Inc. (“Amprius”) (NYSE: AMPX), a leader in next-generation lithium-ion batteries with its Silicon Anode Platform, today announced a strategic initiative to rapidly increase the global production capacity of its SiCore™ offering through new manufacturing partnerships. Amprius has signed agreements with several contract manufacturers to secure over 500 MWh of production capacity for its SiCore battery and is engaging with potential additional partners across a network of established Asia-based contract manufacturers.
TradingCharts
4 months ago
AMPRIUS TECHNOLOGIES, INC. EXCLUSIVE SUPPLY AGREEMENT
This Exclusive Supply Agreement (this “Agreement”) is entered into as of November 28, 2023 (the “Effective Date”) by and between Amprius Technologies, Inc., a Delaware corporation, with its office at 1180 Page Ave., Fremont, CA 94538 (“Amprius”) and Berzelius (Nanjing) Co. Ltd., a Chinese corporation having offices at Feng Zhan Road 30, Building 3, 1st Floor, Suites 101-104, Nanjing City, China 210000 (“Berzelius”). Amprius and Berzelius may be referred to individually as a “Party,” and collectively as the “Parties.”
WHEREAS, Berzelius is the manufacturer of certain silicon anode materials (as further described in Exhibit A, the “Materials”) which are used by Amprius in its battery design and manufacturing business; and
WHEREAS, Berzelius desires to supply the Materials manufactured by Berzelius exclusively to Amprius on the terms and conditions set forth in this Agreement.
NOW, THEREFORE, in consideration of the premises and the mutual promises and covenants set forth below, Amprius and Berzelius mutually agree as follows:
https://ir.amprius.com/sec-filings/all-sec-filings/content/0001899287-24-000002/ampriustech-berzeliusxexcl.htm