Amprius Technologies Inc's Comment on Supply Chain
The company produces SiCore batteries through manufacturing supply agreements with global contract manufacturers, including the Amprius Korea Battery Alliance, which provides access to annual production exceeding 2.0 GWh of SiCore batteries in various formats. The company plans to expand contract manufacturing partnerships globally to meet increased demand. It acknowledges risks such as supply chain issues, quality control, production delays, increased costs, non-compliance with standards, and potential loss of intellectual property, and intends to implement business processes and quality control procedures to manage these risks. Since 2021, the company has engaged in technical evaluations with tier-one eVTOL manufacturers and has designed balanced energy/power battery cells for UAS programs at AeroVironment and Teledyne FLIR. Customers include Nokia Drone Networks, Nordic Wing, and ESAero.
Amprius Technologies Inc's Comment on Supply Chain
The company produces SiCore batteries through manufacturing supply agreements with global contract manufacturers, including the Amprius Korea Battery Alliance, which provides access to annual production exceeding 2.0 GWh of SiCore batteries in various formats. The company plans to expand contract manufacturing partnerships globally to meet increased demand. It acknowledges risks such as supply chain issues, quality control, production delays, increased costs, non-compliance with standards, and potential loss of intellectual property, and intends to implement business processes and quality control procedures to manage these risks. Since 2021, the company has engaged in technical evaluations with tier-one eVTOL manufacturers and has designed balanced energy/power battery cells for UAS programs at AeroVironment and Teledyne FLIR. Customers include Nokia Drone Networks, Nordic Wing, and ESAero.
Sources:
Amprius Technologies Inc 's official press releases and regulatory filings; CSIMarket.com's supply-chain research; and the financial filings and press releases of other companies cited in this report.
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