BUZZ-Amprius and CAMINUS sign battery manufacturing agreement, stock price falls
路透社2026/10/05 14:07October 5 - ** Battery manufacturer Amprius Technologies (AMPX.N) shares fell over 1%, closing at $9.55 ** The company signed an agreement with battery manufacturer CAMINUS to produce its pouch cells in the United States ** According to the agreement, CAMINUS (formerly EnPower) will manufacture pouch cells designed by Amprius at its Indianapolis facility, increasing domestic production capacity for Amprius’ customers in the aerospace, defense, and unmanned systems sectors ** The financial terms of the contract have not been disclosed ** All brokers covering the stock remain bullish; the median target price is $23—data compiled by LSEG ** Including intraday fluctuations, the stock has risen 22% year-to-date (For the convenience of non-English speakers, Reuters automatically translates its reports into several other languages. Due to possible errors in automated translation or lack of required context, Reuters does not guarantee the accuracy of the automated translation, which is provided for convenience only. Reuters is not liable for any damage or loss resulting from the use of automated translation functionality.)
October 5 - ** Battery manufacturer Amprius Technologies AMPX.N shares fell more than 1%, trading at $9.55
** The company signed an agreement with battery maker CAMINUS to produce its pouch batteries in the United States
** According to the agreement, CAMINUS (formerly known as EnPower) will produce Amprius-designed pouch batteries at its Indianapolis plant, expanding Amprius' domestic production capacity for customers in the aerospace, defense, and unmanned systems sectors
** The financial terms of the contract have not been disclosed
** All brokers covering the stock are bullish; median target price is $23—data compiled by LSEG
** Including intraday moves, the stock has risen 22% year-to-date
(To make it easier for non-English speakers, Reuters provides automated translation of its reports into several other languages. Because automated translation may contain errors or lack necessary context, Reuters does not guarantee the accuracy of these texts and provides them merely for the convenience of readers. Reuters accepts no liability for any damage or loss caused by the use of automated translation.)
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.
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