Record Sales Revenue
Amprius achieved record sales revenue of $10.6 million in Q4 2024, a 35% increase from Q3 2024 and a 170% increase from Q4 2023. Full-year revenue reached $24.2 million, marking a 167% increase from 2023.
Customer Expansion
Amprius shipped to 98 total customers in Q4 2024, with 53 new customers. Total customer engagements reached 235 for the year, reflecting a strong growth path and product competitiveness.
Global Market Penetration
77% of Q4 2024 revenue came from outside the United States, compared to just 22% in the same period of last year, indicating a significant expansion of the customer base worldwide.
Fortune 500 Agreements
Amprius signed agreements with two Fortune 500 companies, including a nonbinding letter of intent with a Fortune Global 500 technology OEM to develop a high-energy battery cell, and a development contract for a small format, custom, high-energy density SiMaxx pouch cell.
Contract Manufacturing Success
Amprius secured over 1.8 gigawatt-hour cell manufacturing capacity through contract manufacturing, without spending on infrastructure, enabling flexibility and scalability.