South Korean manufacturing collaboration announced by Amprius to bolster worldwide battery production demand
Amprius Technologies, Inc., a leading innovator in next-generation lithium-ion batteries, has announced a strategic production partnership with SK On, a renowned South Korean battery manufacturer. This partnership marks a significant step in scaling Amprius' production capacity to meet the rising global demand for high-performance batteries.
The partnership will see the Korean-based facility producing SiCore silicon anode cells according to Amprius' specifications. The initial production will include a balanced SiCore cell engineered to deliver high-energy and high-power performance for advanced drones. This partnership also expands Amprius' global production footprint, allowing for streamlined logistics and accelerated delivery timelines for customers worldwide.
Dr. Kang Sun, CEO of Amprius Technologies, Inc., commented, "We are excited to partner with SK On, a leading battery manufacturer in South Korea. This partnership is a pivotal step in scaling our SiCore platform and accelerating the commercialization of high-performance silicon batteries."
The high-performance lithium-ion cells produced under this partnership are optimized for high-demand applications in aerospace, defense, and electric mobility. This partnership helps pave the way for the next generation of electric mobility with unparalleled energy density and reliability.
The partnership is part of Amprius' capital-light production scaling strategy, adding to its existing 1.8 GWh of contracted production capacity. Moreover, the new manufacturing partner will support both current and next-generation battery platforms of Amprius.
Amprius Technologies, Inc., listed on the NYSE under the ticker symbol AMPX, has extensive experience in manufacturing advanced lithium-ion batteries across a range of form factors and cell chemistries. This partnership enhances Amprius' ability to deliver high-performance SiCore cells at scale, enabling the company to compete effectively across global markets.
In conclusion, the strategic production partnership between Amprius Technologies, Inc. and SK On is a significant move towards meeting the growing global demand for high-performance batteries. This partnership allows Amprius to scale confidently while continuing to deliver industry-leading performance.
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