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
Former Chainlink Product Marketing Director Michael Robinson joins Monad Foundation
The Federal Reserve Eyes $1.8 Trillion in “Shadow Credit”: Dallas and New York Fed Launch First Private Credit Survey
The Dallas and New York Federal Reserves have launched an investigation into private credit lending standards, covering an industry worth 1.8 trillions USD, with a minimum threshold of 50 millions USD. The results will be released in the first quarter of 2027.
Tom Lee Says a VIX Signal Points to a Stock Market Bottom
Is AI an engine or a killer? Morgan Stanley provides answers with data: productivity soars, but nearly 90% of the benefits are taken by 12 industries
Morgan Stanley stated that the productivity dividends from AI are concentrated in 12 highly exposed industries, with growth rates reaching twice the twenty-year average. For the first time, signs of job replacement have emerged.
Crypto prices
More
