Amprius’ State-of-the-Art Gigawatt-Hour Scale Factory in Colorado Passes Major Milestone
28 Setembro 2023 - 9:30AM
Business Wire
Amprius On Track to Operationalize its Growth
Engine to Serve Strong Customer Demand for High-Performance Silicon
Anode Lithium-Ion Batteries and Fuel the Electric Mobility
Market
Amprius Technologies, Inc. (“Amprius” or the
“Company”) (NYSE: AMPX), a leader in next-generation
lithium-ion batteries with its Silicon Anode Platform, today
announced that the Brighton City Council approved an ordinance to
rezone an approximately 103 acre site, including an existing
1,278,455 square foot facility, to allow, among other matters, the
Company to manufacture its next-generation lithium-ion batteries.
This marks a significant milestone clearing the path for Amprius to
establish its state-of-the-art gigawatt-hour scale factory site to
meet growing customer demand.
"This approval from the Brighton City Council marks an important
step towards our goal to begin operations at Amprius Fab in the
first half of 2025,” said Dr. Kang Sun, Chief Executive Officer of
Amprius. “Establishing the first silicon anode battery production
facility in Brighton, Colorado, represents a pivotal milestone for
the United States in building a local ecosystem that advances
electric mobility. We thank the City of Brighton staff and City
Council for all their dedicated work and efforts in handling the
rezoning application. Additionally, we extend our appreciation to
the community members who participated in the process.”
With this project, Amprius aims to repurpose a significant
portion of Colorado’s largest single-story industrial building and
transform it into a state-of-the-art lithium-ion battery
manufacturing facility. This factory site is expected to greatly
increase Amprius’ manufacturing capacity, with an initial 500
megawatt-hours (MWh) and the potential of up to 5 gigawatt-hours
(GWh) available within the existing footprint. The projected
timeline for the factory site is between 18–24 months.
After conducting an exhaustive nationwide search, Colorado
emerged as the most compelling location for the Company due to its
proximity to key suppliers, highly skilled workforce, and the
unwavering support of both the City of Brighton and the State of
Colorado. Amprius looks forward to providing generational
opportunities by creating more than 300 new local jobs, investing
$190M in Phase 1 with more phases to follow and partnering with
local universities and high schools in developing their STEM
programs. Today’s pivotal rezoning underscores a firm commitment to
Colorado's vision of becoming a trailblazer in the clean energy
sector, which encompasses battery manufacturing, wind, and solar
industries.
“We have been partnering with Amprius through the evaluation and
design phase for pre-construction services for over 9 months,” said
Scott D. Bulera, Vice President / General Manager of Industrial
& Advanced Manufacturing - EV / Battery at Turner Construction
Company. “We have the teams ready to execute on the plan.”
This is the second expansion initiative undertaken by Amprius.
Exiting 2023, Amprius Labs expected to provide 10x capacity to
serve existing customers and new customer qualifications and
de-risking the Company’s expected growth starting in 2025. The
first phase of the capacity will be focused on the aviation sector,
estimated to be over $49 billion in battery demand by 2025.
For more information, please visit the Company’s investor
relations website at ir.amprius.com.
About Amprius Technologies, Inc.
Amprius Technologies, Inc. is a leading manufacturer of
high-energy and high-power lithium-ion batteries producing the
industry’s highest known energy density cells. The company’s
commercially available batteries deliver up to 450 Wh/kg and 1,150
Wh/L. The company’s corporate headquarters is in Fremont,
California where it maintains an R&D lab and Amprius Lab where
it currently manufactures silicon anodes and cells. To serve
customer demand, Amprius recently entered into a lease agreement
for an approximately 774,000 square foot facility in Brighton,
Colorado. For additional information, please visit amprius.com.
Also, see the company’s LinkedIn and Twitter pages.
This press release includes “forward-looking statements” within
the meaning of Section 27A of the Securities Act of 1933 and
Section 21E of the Securities Exchange Act of 1934, each as
amended. Forward-looking statements may be identified by the use of
words such as “estimate,” “plan,” “project,” “forecast,” “intend,”
“expect,” “anticipate,” “believe,” “seek” or other similar
expressions that predict or indicate future events or trends or
that are not statements of historical matters. These
forward-looking statements include, but are not limited to,
statements regarding the timing and ability of Amprius to begin
construction, build a large-scale manufacturing facility, expand
its manufacturing capacity and scale its business, the number of
jobs that will be created in the manufacturing process, the ability
of Amprius to meet the demands from existing customers and to
engage new customers, the investment of Amprius in the large-scale
facility, the expected benefits of the large-scale facility to
Brighton’s local community, the timing and ability of Amprius to
expand its Fremont facility and increase its capacity, the
addressable market for Amprius’ batteries, the potential
application and performance of Amprius’ batteries, and the
estimated size of the aviation battery market. These statements are
based on various assumptions, whether or not identified in this
press release, and on the current expectations of Amprius’
management and are not predictions of actual performance. Actual
results could differ materially from these forward-looking
statements as a result of certain risks and uncertainties. These
forward-looking statements are subject to a number of risks and
uncertainties, including appeal of Brighton City Council’s rezoning
decision; delays in permitting, construction and operation of
production facilities; Amprius’ liquidity position; risks related
to the rollout of Amprius’ business and the timing of expected
business milestones; Amprius’ ability to commercially produce high
performing batteries; the effects of competition on Amprius’
business; supply shortages in the materials necessary for the
production of Amprius’ products; the risk that Amprius’ high volume
tools do not achieve sufficient quality or yield or that its
manufacturing process does not meet cost targets; and changes in
domestic and foreign business, market, financial, political and
legal conditions. For more information on these risks and
uncertainties that may impact the operations and projections
discussed herein can be found in the documents we filed from time
to time with the Securities and Exchange Commission (the “SEC”),
all of which are available on the SEC’s website at . There may be
additional risks that Amprius does not presently know or that
Amprius currently believes are immaterial that could also cause
actual results to differ from those contained in the
forward-looking statements. In addition, forward-looking statements
reflect Amprius’ expectations, plans or forecasts of future events
and views as of the date of this press release. These
forward-looking statements should not be relied upon as
representing Amprius’ assessments as of any date subsequent to the
date of this press release. Accordingly, undue reliance should not
be placed upon the forward-looking statements. Except as required
by law, Amprius specifically disclaims any obligation to update any
forward-looking statements.
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version on businesswire.com: https://www.businesswire.com/news/home/20230928381563/en/
Investors Tom Colton, Chris Adusei-Poku Gateway Group,
Inc. 949-574-3860 IR@amprius.com Media Zach Kadletz, Brenlyn
Motlagh Gateway Group, Inc. 949-574-3860
Amprius@Gateway-grp.com
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