Amprius Technologies: Near-Term Mass Production Matches Up To EVTOL Battery Needs

Summary

• I reiterate my bullish rating on Amprius, driven by imminent mass production of the SiCoreä 450 Wh/kg battery and strong global manufacturing partnerships.
• SiCoreä's high energy density and cost advantage position Amprius to capture eVTOL and mission-critical markets, outpacing competitors reliant on lower-density batteries.
• Amprius's Q1 2025 revenue surged 383% YoY, reflecting robust demand and efficient cost management, despite increased R&D and production scaling.
• With a low P/S ratio and superior revenue growth versus peers, Amprius is undervalued and well-positioned for the electric revolution, despite competitive and supply chain risks.

AzmanJaka

Thesis statement

I am reiterating my previous bullish rating on (NYSE: NYSE:AMPX), driven by near-term mass production of SiCoreä 450 Wh/kg high-energy cell. The company has entered into agreements with three global manufacturers as it continues to leverage

Analyst’s Disclosure:I/we have no stock, option or similar derivative position in any of the companies mentioned, and no plans to initiate any such positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article.