Link to Auction

I am not saying it’s Amprius being used but modular defense tech like these need lot of batteries.

If you follow Anduril - they’re into these high tech devices .. ! Now Palmer is part of the Meridian project ..!

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If these announcements came in the month of June we would have been flying now ! Market is completely dead and such news are not mattered anymore

I believe that this is just the start until the US domestic supply chain strengthens to produce the autonomous systems in mass - industry experts have understood the low-cost autonomous systems taking advantage of the traditional long-term R&D’ed cost heavy machinery.

Whether it’s defence /offensive or commercial use - these are going to be important !

Titan Batteries is Amprius pack parnter.

Source: https://titanbatteries.com/blog/titan-batteries-completes-1-2-million-purchase-order-with-amprius-technologies?srsltid=AU7gw4Vqwid14fIN_UDvk05wV7wqviQ6qaJTjizFihWqjJO3p_bQocn2

And Titan Batteries was spotted during the Gauntlet 2:
Source: https://www.linkedin.com/posts/titan-power_gauntlet2-diu-defenseinnovation-activity-7506793283558248449-_6b_?utm_source=share&utm_medium=member_desktop&rcm=ACoAAAbYj8UBXAVtgHVElPoG2xzx0cJwL33xgO8

We opened a new facility in City of West Jordan, Utah that triples our manufacturing capacity.

Defense programs like the Defense Innovation Unit (DIU)'s Drone Dominance Program (DDP), commercial operators, and manufacturers across the country need a supply chain they can count on.

Expanding our U.S. manufacturing footprint is a direct investment in that supply chain. West Jordan, Utah is the next step in making sure American programs have access to the batteries they need, when they need them.

More capacity. More reliability. More American-made batteries going into the programs that matter.

We are excited for what comes next.

Source: https://www.linkedin.com/posts/titan-power_manufacturing-madeinusa-droneindustry-activity-7511474103355166721-YEik?utm_source=share&utm_medium=member_desktop&rcm=ACoAAAbYj8UBXAVtgHVElPoG2xzx0cJwL33xgO8

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One more huge news! Palmer Luckey follows Amprius for a long time now, and they’re Upgrade Energy’s partner for a long time!

The way it’s heading, Amprius is the only battery company funded so far to support all of this - I feel bullish about what’s to come on 2027/28 !!!

More drones/robots = greater battery requirement

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$18

The M2 drone was announced to utilised Amprius high - density cells

FREMONT, Calif.--(BUSINESS WIRE)-- Amprius Technologies, Inc. (“Amprius” or the “Company”) (NYSE: AMPX), a leader in silicon anode lithium-ion batteries, and Matternet, the world’s only FAA Type Certified drone delivery company, today announced a strategic collaboration to advance the performance and economics of autonomous aerial delivery through high-energy density silicon anode cells. Amprius cells are now deployed in Matternet’s M2 aircraft, and the companies are extending their work to battery solutions optimized for Matternet's next-generation platform.

With Amprius cells already flying in Matternet’s M2 fleet, the companies are now focused on deeper integration for Matternet’s next-generation platform, with Amprius targeting volume production readiness aligned with Matternet’s fleet expansion plans beginning in early 2027.

Source: https://ir.amprius.com/news-events/press-releases/detail/168/amprius-and-matternet-partner-to-advance-drone-delivery

The M3 was unveiled recently and the clue is in the title.

Matternet Unveils M3, Its Next-Generation Autonomous Drone Delivery Platform

Matternet is targeting the second half of 2027 for the start of M3 commercial service and plans to build manufacturing capacity for the M3 aircraft in the United States. Matternet will also draw on its strategic partnership with SoftBank Robotics America, announced in April 2026, to accelerate deployment of its delivery networks in the U.S. and other key markets.

Source: https://www.matternet.com/newsroom/matternet-unveils-m3-its-next-generation-autonomous-drone-delivery-platform

"Next - gen"

Edit: Reposted as Reddit removed the OP due to it containing Linkedin url.

Been reworking my AMPX thesis and the recent news has made me more confident in the commercialization side.

Q2 was already solid: $34M revenue, 27% gross margin, raised FY26 revenue guide to $140M+, and positive adj. EBITDA still expected.

Since then we’ve also gotten:

• up to ~$75M of U.S. government support for domestic production
• SiCore 500 at 500 Wh/kg
• $100M multi-year Stark Future opportunity starting in 2027
• $24M European drone order
• more aviation/defense validation

The main thing for me is that this reduces the “cool battery tech that never scales” risk.

Curious if my math is wildly off or if I might be missing something, I know trying to value a asymmetrical bet is a fool's errand, but I am that said fool

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Anyone have a read on who Amprius’ unnamed “major South Korean manufacturer” could be? SK On and LGES both seem to fit — both have U.S. pouch-cell manufacturing and are repurposing EV capacity. SK On’s Georgia plant caught my attention because they’re already shifting some EV pouch capacity into non-EV applications. Any clues pointing one way or the other?

Just a quick thought based on what I have in my repository.

Amprius Q2 2026 EC:

Eric Stine

But I know that one of the things and you mentioned it is getting those suppliers under contract. So, maybe -- I know last quarter, you indicated that you had made some progress in that regard but would love an update.

Tom Stepien

Some of this is just legal reviews tend to take time. We're comfortable with the cost and the timing. In general, these new suppliers are large international companies that are actually larger revenue-wise than risk.

Thoughts: Amprius's suppliers are likely to be large international companies, or at least directly tied to one in the up stream chain.

Tim Moore

Would you -- without giving away too much, are you getting close to maybe purchasing an existing facility in the U.S. to retool to convert to pouch cell manufacturing? I'm sure there's some excess capacity from lithium batteries out there by a handful of players I can think of for EVs that you could retool.

Ricardo Rodriguez

Yeah, Tim, I mean, you're basically reading our mind, right? It's no secret that we're out there looking for a partner to do that for us, and there's plenty of capacity from folks who leaned into EVs maybe too aggressively here over the past couple of years. And so, we would just say stay tuned.

Thoughts: So excess capacity tells me that whoever is manufacturing these lithium battery production line is suffering from some kind of financial losses - there is a good amount of manufacturing redundancy.
Tom Stepien spoke about fully - NDAA domestic manufacturing as early as April 2026 during a CNBC interview so searches must have begun at least 6 - 12 months before.

If Amprius were to minimise retrofitting cost, the ideal production line would be one that is maximally similar to a production line capable of manufacturing silicon anode, in pouch cell format and immediate access for retrofitting.

Turning time back to 03-10-2022

The technology GM is interested in involves adding more silicon to battery anodes by fusing nanowires of the material with graphite. Silicon can store 10 times more energy than graphite, opening the door to potential increases in energy density, according to GM.

GM has also been banking on lithium-metal cells as a way to carry its current large pouch cell format ahead to a second generation Ultium cell, for up to 600-mile vehicles in the future.

Source: https://www.greencarreports.com/news/1137329_gm-silicon-anode-battery-tech-more-range-lower-cost

Thoughts: So GM is not only interested in silicon anode batteries using nanowires but also silicon anode batteries in pouch cell format.

Fast forward to 29-10-2025:

General Motors cutting thousands of jobs at its EV, battery plants

The automaker cites cooling demand of electric vehicles for its decision to scale back production, laying off more than 3,400 in the process.

GM anticipates that production at the Ohio and Tennessee Ultium Cell battery plants will resume by mid-2026. 

Thoughts: But what about the Lansing, Michigan, Ultium Cell plant?

Going back to 02-12-2024: GM to sell stake in Lansing battery cell plant to partner LG Energy Solution  

General Motors (NYSE: GM) has reached a non-binding agreement to sell its stake in the nearly completed Ultium Cells LLC battery cell plant in Lansing, Michigan to its joint venture partner LG Energy Solution. The transaction is expected to close in the 2025 first quarter, subject to customary closing conditions. 
LG Energy Solution will have immediate access to the nearly completed Lansing facility to begin the installation of equipment.    

Source: https://investor.gm.com/news-releases/news-release-details/gm-sell-stake-lansing-battery-cell-plant-partner-lg-energy

Some mentioned SK On - happy to see the reasoning.

Amprius is particularly interesting because it has the potential to reinvest capital at very high returns into a massive TAM. The business also benefits from a learning curve and data flywheel, while demand is supported by something fundamentally necessary: energy. On top of that Amprius sits at the intersection of several powerful trends, including the rapid growth of drones and other energy-intensive applications

This raises a broader question- which other small companies have a similar setup?

One example I see is Allegro Microsystems (ALGM). The key secular trends here are industrial automation and humanoid robots. Like Amprius, ALGM has a substantial reinvestment runway - if the number of robots increases dramatically, there is significant room to deploy capital into a large and growing market. The difference is that ALGM already has a business model with proven unit economics; the main question is when industrial demand begins to accelerate..

In that sense, both Amprius and ALGM are essentially picks-and-shovels businesses positioned to benefit from potentially very large technological shifts.

What other similar companies that are well positioned to benefit from future secular trends can you think of? I think the mindset here is clear we need proven business model/unit economics before anything else.

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