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Amprius Technologies (NYSE:AMPX) shares rose 11% on Monday after the company secured a grant of up to $75 million to retrofit an existing US production line for high-energy-density battery cells. The grant was awarded through the Industrial Base Analysis and Sustainment program and will support the conversion of a US-based electric vehicle battery production line operated by a South Korean manufacturer.
Investing.com -- Amprius Technologies (NYSE:AMPX) shares rose 11% Monday after the company secured a grant of up to $75 million from the U.S. Department of War to retrofit an existing domestic production line for high-energy density battery cells.
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FREMONT, Calif., September 28, 2026--Amprius Technologies ("Amprius" or the "Company") (NYSE: AMPX), a leader in high-performance batteries, has been awarded a grant of up to $75 million from the U.S. Department of War ("DoW") to retrofit an existing domestic production line from EV batteries to high-energy density cells for unmanned aerial systems.
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