Amprius Technologies Inc ( (AMPX) ) has released its Q1 earnings. Here is a breakdown of the information Amprius Technologies Inc presented to its investors.
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Amprius Technologies Inc. is a leading company in the silicon anode battery industry, specializing in high-energy and high-power density batteries for electric mobility sectors such as aviation and electric vehicles. In the first quarter of 2025, Amprius reported significant growth in revenue, driven by the expansion of its SiCore product platform and the introduction of new battery designs. The company achieved a 383% year-over-year increase in revenue, reaching $11.3 million, largely due to a substantial rise in SiCore shipments. Amprius also secured a $15 million purchase order from an unmanned aerial system manufacturer, highlighting its ability to convert customer engagements into substantial orders. Despite a net loss of $9.4 million for the quarter, Amprius continues to focus on expanding its customer base and manufacturing capabilities. Looking ahead, Amprius remains committed to innovation and growth, with plans to release new products and further expand its manufacturing capacity to meet increasing demand.