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Amprius Technologies (“Amprius” or the “Company”) (NYSE: AMPX), a leader in high-performance batteries, has been awarded a grant of up to $75 million from the U.S. Department of War (“DoW”) to retrofit an existing domestic production line from EV batteries to high-energy density cells for unmanned…
The grant will help Amprius retrofit an existing domestic production line for high-energy density cells for unmanned aerial systems. The company said the project is expected to cost about $100 million and reach early 2028 completion.
Amprius said it secured a $75 million grant to support American high-energy density battery production.