Amprius gains on delivery of large-scale silicon anode production machine

Centrotherm International AG

24/10/2022 15:16

** Shares of lithium-ion battery manufacturer Amprius
Technologies Inc  AMPX.N  up ~10% at $12.35
    ** AMPX receives first large-scale anode production machine
to address growing demand
    ** Centrotherm International AG  CTNGk.F , a German company,
supplied the anode production machine which is to be installed
at AMPX's Fremont location
    ** Co says the machine is expected to increase capacity for
silicon anode production to approximately 2 MWhs, or ten times
its current capacity, by year-end 2023
    ** Previously on October 11, U.S. Department of Energy
awarded AMPX a $1 million grant to be used to further mature its
process for manufacturing nanowire-based silicon anodes
    ** Including session's gain, co's shares up 11% from
September 15, when AMPX went public using a special purpose
acquisition company
 (Reporting by Arshreet Singh in Bengaluru)
 ((Arshreet.Singh@thomsonreuters.com))