Amprius Technologies Inc (AMPX)

[TradingCharts]

April 12, 2023, Amprius to Supply Key Power Element for AeroVironment’s Switchblade 300 Block 20 Loitering Missile
Next-Generation Battery Cells Expected to Significantly Increase Run Time for Tactical Missile System

Amprius is providing high energy density lithium-ion battery cells to power versions of AeroVironment’s newly released Switchblade 300 Block 20 system, delivering unparalleled run time for the advanced aviation application. The integration of these lightweight battery cells into the Block 20 system is expected to increase the flight time by at least 50% – allowing for longer endurance and extended loitering capability.

“This partnership with AeroVironment further validates the potential of our silicon anode technology for advanced aviation and defense applications,” said Dr. Kang Sun, Chief Executive Officer of Amprius. “We look forward to continuing to work with the AeroVironment team to greatly improve flight time of their tactical missile systems.”

Amprius began delivering cell shipments as a supplier to AeroVironment in 2022 and is fulfilling additional commitments for the future. AeroVironment is currently integrating Amprius cells into some defense products and is a strategic investor in the Company.

https://www.businesswire.com/news/home/20230412005296/en/