Amprius Technologies, Inc. (NYSE:AMPX) Q2 2023 Earnings Conference Call August 10, 2023 5:00 PM ET
Company Participants
Kang Sun - Chief Executive Officer
Sandra Wallach - Chief Financial Officer
Conference Call Participants
Colin Rusch - Oppenheimer
Chris Souther - B. Riley Securities
Tim Moore - EF Hutton
Abhi Sinha - Northland Financial
Operator
Good afternoon, and welcome to Amprius Technologies Second Quarter 2023 Earnings Conference Call. Joining us for today’s presentation are the company’s CEO, Dr. Kang Sun, and CFO, Sandra Wallach. [Operator Instructions]
Please note that this presentation contains forward-looking statements, including, but not limited to, statements regarding future product commercialization, new customer adoption and timing and ability of Amprius to build its large-scale manufacturing facility, expand its manufacturing capacity, scale its business and achieve a sustainable cost structure. These statements involve known and unknown risks, uncertainties and other important factors that may cause Amprius results, performance or achievements to be materially different from any future results, performance or achievements expressed or implied in such forward-looking statements. For a more complete discussion of these risks and uncertainties, please refer to Amprius filings with the Securities and Exchange Commission.
Finally, I would like to remind everyone that this conference call is being webcast and a recording will be made available for replay on the company’s Investor Relations website at ir.amprius.com. In addition to the webcast, the company has posted a shareholder letter that accompanies these results, which can also be found on the Investor Relations website.
I will now turn the call over to Amprius Technologies CEO, Dr. Kang Sun for his comments. Sir, please proceed.
Kang Sun
Welcome, everyone, and thank you for joining us this afternoon. On today’s call, I will report on our process and accomplishments at Amprius in the second quarter. And our CFO, Sandra Wallach, will discuss our financial results for the period. After that, I will share some closing remarks before opening the call for questions.
Our second quarter demonstrated our business momentum and the growth potential. Amprius introduced new products and technologies, brought in more customers and delivered increased revenue. Our battery performance continues to command a firm leading position in the industry, highlight the Amprius ability to provide: 450 watt-hour per kilo specific energy density and 1,150 watt-hour per liter volumetric energy density; up to 10C power capability; the extreme fast charger rate of 0% to 80% state of charge in approximately six minutes; a wide operating temperature range of negative 30 degree Celsius up to 55 degree Celsius. And safety design features that enable us to pass the United States military’s benchmark and nail penetration test.