Amprius wins up to USD 75 million U.S. DoW grant for domestic high-energy drone battery production
Bitget2026/09/28 09:00- Amprius won up to USD 75 million from the U.S. Department of War to shift a domestic EV battery line to drone cells.
- Funding backs a retrofit of a U.S.-based production line run by a major South Korean manufacturer.
- Project targets early 2028 completion with planned capacity of 12 million cells a year for NDAA-compliant unmanned aerial systems.
- Conversion budget totals about USD 100 million, including in-kind investment from Amprius and its South Korean partner.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
CNN Enters Generative AI Partnership with Google
US Stock Market Movement | Nvidia-backed AI pharmaceutical company Iambic Therapeutics (IAM.US) debuts on Nasdaq, surging over 11% after opening
As of press time, the stock is up more than 11%, trading at $17.77.
US Stock Market Movement | 3D Printing Materials Supplier Amaero (AMRO.US) Debuts on US Stock Market, Trading Halt Triggered After Opening
Amaero, a manufacturer specializing in titanium and refractory metal powders for 3D printing in the defense and aerospace sectors, has gone public on the US stock market.
