US Backs $100 Million Plan to Turn EV Battery Line Into Drone Factory
The project will convert an existing U.S. battery line and could produce about 12 million cells a year for drones, the company said.
- On Monday, Amprius Technologies, Inc. secured up to $75 million from the U.S. Department of Defense to convert an existing electric vehicle battery production line into a high-energy-density battery cell facility.
- The company develops silicon anodes and lithium-ion batteries for high-energy-density applications, serving aviation and electric vehicle markets where large-scale production funding supports critical growth strategy.
- Retrofitting an existing U.S. production line operated by a major South Korean manufacturer will establish high-volume battery production for Group 1, 2 and 3 drones, reaching approximately 12 million cells annually by early 2028.
- Shares rose 9.54% to $10.68 during premarket trading, while the expanded manufacturing network will supply NDAA-compliant pouch cells at scale across Amprius' contract manufacturing operations.
- Amprius projects fiscal 2026 revenue above $140 million while expanding manufacturing across China, South Korea and the United States; analysts maintain a Buy consensus with price targets ranging from $20 to $33.
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Amprius CEO Tom Stepien: We are bringing drone battery production to the U.S.
Tom Stepien, CEO of Amprius Technologies, discusses a $75M grant, U.S. drone battery production, supply chains, reducing China reliance and growing military and commercial demand.
Amprius awarded $75M defense grant for U.S. drone battery production
Amprius Technologies (AMPX) has been awarded a federal grant of up to $75M from the U.S. Department of War through its Industrial Base Analysis and Sustainment program. The funding will support the conversion of an existing domestic electric vehicle
Amprius Secures $75 Million U.S. Grant for Drone Battery Production
Amprius Technologies has been awarded a grant of up to $75 million from the U.S. Department of War to convert an existing electric vehicle battery production line for high-energy-density battery cells used in unmanned aerial systems. The funding comes through the Department of War’s Industrial Base Analysis and Sustainment (IBAS) programme, which supports domestic manufacturing
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