Amprius Technologies, Inc.

Amprius is headquartered in Fremont, California and conducts key manufacturing and pilot-line work there. The company previously leased a large Brighton, Colorado facility for planned scale manufacturing, but in 2025 it recorded impairment charges and later agreed to terminate that lease, reflecting a shift toward outsourced contract manufacturing. Management says it can serve customers through existing contract manufacturers as orders move from qualification to higher volume. The business is exposed to global supply-chain and tariff dynamics because some batteries and production equipment are manufactured in China, while customer demand and manufacturing partners can span multiple regions. The reports do not provide a country-by-country revenue split, so the geographic profile is best understood through operating footprint and supply-chain exposure rather than disclosed revenue concentration.

Amprius faces execution risk because its batteries must perform reliably in demanding applications, and any failure could damage customer adoption and reputation. The company also depends on third parties for certain battery manufacturing and materials, which creates supply, quality, and cost risks that are especially important in a scaling hardware business. Building high-volume manufacturing lines is technically difficult, and the company may not achieve the required yield, throughput, or cost targets needed for profitability. Its exposure to tariffs, China-sourced equipment, and geopolitical disruptions can affect input costs and supply continuity, while large-customer sales cycles can be long and uncertain. As a battery manufacturer, it also faces product liability, safety, cyber, and equipment-uptime risks that can materially disrupt operations.