AT

Amprius Technologies

AMPX
NYSEIndustrials
$16.31
USD
-0.79(-4.62%)
At close: Jun 12, 20:00 UTC

Open

$16.41

Prev. Close

$16.42

High

$16.46

Low

$16.28

Market Snapshot

Market Cap

$2.23B

P/E Ratio

-56.3

EPS

-0.41

Revenue

$33.12M

Employees

97

Why AMPX moved

Amprius Technologies faced scrutiny from short sellers following a drone battery deal, contributing to a decline in investor confidence and a 4.62% drop in stock value.

About

Amprius Technologies, Inc. engages in the development, manufacture, and market of lithium-ion batteries for mobility applications, including the aviation, electric vehicle and light electric vehicle industries. The company is headquartered in Fremont, California and currently employs 97 full-time employees. The company went IPO on 2022-03-02. The Company’s commercially available SiMaxx batteries deliver up to 450 Wh/kg and 1,150 Wh/L, with third-party validation of 500 Wh/kg and 1,300 Wh/L. Its batteries are primarily used for existing and emerging aviation applications, including unmanned aerial systems (UAS), such as drones and high-altitude pseudo satellites (HAPS). The company offers high-performance silicon anode batteries under product platforms: SiCore and SiMaxx. Its SiCore batteries are based on an innovative, proprietary silicon anode material system delivering high-energy-density silicon anode batteries that surpass current graphite cell performance. Its SiMaxx high-energy battery cells are designed to maximize specific energy for applications with low power requirements.

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