Earnings call briefThird-quarter 2026

Amprius Technologies AMPX

Amprius Technologies expects retrofit at about $100 million, including in-kind

Amprius Technologies said the line is expected to be complete in early 2028, with capacity for 12 million pouch cells a year.

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Amprius Technologies said on its third-quarter call that conversion of an existing domestic battery production line under its $75 million Department of War contract is expected to cost approximately $100 million, including in-kind investments from Amprius.

It also said it expects to complete about $6 million of work under its $18.1 million Defense Innovation Unit agreement before the end of the year, recorded as other income rather than revenue.

Quotes from the call

“The conversion project is expected to cost approximately $100 million, including in-kind investments from Amprius.”

Thomas Stepien, CEO

“...we expect to complete about $6 million of work under our $18.1 million Defense Innovation Unit Agreement before the end of the year.”

Ricardo Rodriguez, CFO

Key facts from the call

Expected retrofit project cost
Approximately $100 million, including in-kind investments from Amprius
Expected implied fourth-quarter revenue
About $43.3 million, up about 11% from the third quarter
Expected Defense Innovation Unit work before year-end
About $6 million of an $18.1 million agreement

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Source: Amprius Technologies' third-quarter 2026 earnings call, November 11, 2026.

Written by GetSignal with AI from the company's earnings call.

Not investment advice.

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