is a leading manufacturer of high-energy and high-power lithium-ion batteries producing the industry's highest energy density cells. served as financial advisor, Wilson Sonsini Goodrich & Rosati served as legal advisor, and SingerLewak served as auditor to Amprius.Īmprius Technologies, Inc. Hughes Hubbard & Reed LLP served as legal advisor and Marcum served as auditor to Kensington. Funds from the transaction are expected to support the company through the construction of its gigawatt hour-scale manufacturing facility. The transaction will result in gross proceeds of approximately $87 million to Amprius. Through the leadership of Kang Sun, Amprius has created a world-class team that is producing and selling next-generation batteries today."ĭieter Zetsche, Vice Chairman and President of Kensington, further added, "Amprius batteries are truly revolutionary and will change the way people and products will move in the future." Justin Mirro, Chairman and Chief Executive Officer of Kensington, added: "We are excited to complete our business combination with Amprius, which enhances their business plan and will accelerate the adoption of electric mobility in the sky and on the ground. We are thankful for the Kensington team's support in reaching this important milestone and look forward to further advancing our mission of enabling the future of electric mobility." "This transaction provides Amprius with capital to use in scaling production capabilities to meet the significant demand for our transformational silicon nanowire anode technology. Kang Sun, Chief Executive Officer of Amprius. "Entering the public markets is an important milestone for Amprius, one we have been diligently working towards since our founding," said Dr. Amprius has several customers who are successfully using Amprius batteries today in aviation and defense applications. Amprius' batteries are uniquely positioned to address existing and emerging aviation applications, including unmanned aerial systems, such as drones and high-altitude pseudo satellites as well as broad applications in electric transportation. Amprius' silicon nanowire anode technology enables batteries with a higher energy density, higher power density, and extreme fast charging capabilities over a wide range of operating temperatures, resulting in its batteries providing superior performance compared to conventional graphite lithium-ion batteries. has developed and, since 2018, been in commercial production of an ultra-high energy density lithium-ion battery for mobility applications, leveraging a disruptive silicon nanowire anode. Contact Preferred Stock Channel Meet Our Editorial Staff.Amprius Technologies, Inc. Minutes data powered by Ticker Technologies, and Mergent. Video widget and dividend videos powered by Market News Video.
By visiting, using or viewing this site, youĪgree to the following Full Disclaimer & Terms of Use and Liable for any loss or damage caused by your reliance on information obtained. its subsidiaries, partners, officers, employees, affiliates, or agents be held All viewers agree that under noĬircumstances will BNK Invest, Inc. Transaction, or investment strategy is suitable for any specific person. None of the information contained herein constitutes a recommendation that any particular security, portfolio, or any of its affiliates, subsidiaries or partners. Nothing in Preferred Stock Channel is intended to be investment advice, nor does it represent the opinion of, counselįrom, or recommendations by BNK Invest Inc. Nabors Industries Ltd (NBR) Information Page | Preferred Stock Channel | |Ĭopyright © 2011 - 2022, All Rights Reserved Safer than S.A.F.E: Preferreds of Dividend Channel'sĪdvertising Opportunities on Preferred Stock Channel Top Ten Highest Yielding Preferred Stocksĭividend Channel's 25 S.A.F.E. Preferred: NBR.PRA NBR - Key Stats (updated 19 hours, 17 minutes ago) Drilling, Canada Drilling, International Drilling, Drilling Solutions and Rig Technologies. Co.'s business is comprised of its land-based and offshore drilling rig operations and other rig related services and technologies, which include measurement-while-drilling, logging-while-drilling systems and services, equipment manufacturing, rig instrumentation. also provides directional drilling services, tubular running services, performance tools, and technologies for its own rig fleet and those operated by third parties. owns and operates land-based drilling rig fleet and provides offshore rigs.