Amprius Technologies, Inc. · NYSE:AMPX

Amprius Technologies — Investor Presentation (September 2022)

20 slides from Amprius Technologies's investor presentation, Sep 16, 2022

  1. Slide 1: Transforming Electric Mobility

    Exhibit 99.2 Transforming Electric Mobility Investor Presentation September 2022

  2. Slide 2: Disclaimer: Forward-Looking Statements

    DISCLAIMER FORWARD-LOOKING STATEMENTS This presentation and the oral statements made in connection herewith (together, this “Presentation”) includes “forward-looking statements” within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Ac

  3. Slide 3: We Enable the Future of Electric Mobility Today

    We Enable the Future of Electric Mobility Today Innovation (1) 100% silicon anode battery Superior Battery Performance ▪ High Energy Density (2) (2)(3) Up to 450 Wh/kg and 1,150 Wh/L ▪ High Power Density Up to 10C ▪ Fast Charge Rate Capability 80% charge in <6 minutes ▪ Wide Operating Temperature -3

  4. Slide 4: Technology Innovators and Experienced Business Operators

    Technology Innovators and Experienced Business Operators Core Operational and Technical Team has been at Amprius for 10+ Years DR. KANG SUN SANDRA WALLACH JON BORNSTEIN DR. IONEL STEFAN DR. WEIJIE WANG RONNIE TAO AARON BAKKE Chief Executive Officer and Chief Financial Officer Chief Operating Officer

  5. Slide 5: Board and Investors

    BOARD AND INVESTORS Track Record of Creating Significant Public Shareholder Value Board of Directors DON DIXON DR. STEVEN CHU DR. WEN HSIEH JUSTIN MIRRO DR. KANG SUN Chairman of the Board Board Director Board Director Board Director Chief Executive Officer 1997 Nobel Prize for Physics and Board Dire

  6. Slide 6: Company Development

    COMPANY DEVELOPMENT Turning a Transformational Technology Into a Commercial Reality GWh Scale Project Development Initiated in 2021 2021 Customer Orders & Commercial Sales in 2018 KWh Scale 2018 Manufacturing in 2016 Silicon Nanowire Design Finalized Founded in 2008 in 2014 2016 Fully Operational in

  7. Slide 7: Amprius at a Glance

    AMPRIUS AT A GLANCE High Performance Battery Offerings Commercially Available Today and Validated by Blue Chip Partners Up to 80% Founded in 2008 100% Higher Energy 75 with Headquarters in Silicon Anode Density than (2) Patents (1) Technology Conventional Fremont, CA Batteries ~250 KWh 30+ 10,000+ 1

  8. Slide 8: Graphite vs. Silicon: Why Silicon?

    GRAPHITE VS. SILICON (1) Why Silicon? 100% Silicon Anode Has ~10x Capacity vs. Graphite Silicon anode can swell up to ~300% causing battery damage after a few cycles Actual Anode Capacity Before Cycling After Cycling Broken silicon particles 3,400 mAh/g Silicon particles fail during cycling 355 mAh/

  9. Slide 9: Silicon Anode Structure

    SILICON ANODE STRUCTURE Amprius Solved the #1 Problem with Silicon Anodes (1) 100% Silicon Nanowires Allow Volume Expansion without Binders, Graphite or any Inactive Materials Conventional Graphite SILICON SURFACE Silicon Nanowires (and/or Silicon) Particles SILICON COATING COATING SILICON NANOWIRE

  10. Slide 10: Graphite vs. Silicon: Drop-in Replacement

    GRAPHITE VS. SILICON Amprius’ Anode is a Drop-in Replacement for Lithium-Ion Batteries Conventional Graphite Battery Amprius Silicon Anode Battery Current Collector Lithium Ion Graphite Anode Current Collector Silicon Anode is a Thinner, Direct Replacement Separator Separator Lithium Ion Higher Cath

  11. Slide 11: Incumbent Technology vs. Amprius

    INCUMBENT TECHNOLOGY VS. AMPRIUS Amprius' Battery Cells Today Outperform Graphite Batteries Graphite Anode Performance Metric (3) (1) Battery Cells (1)(2) Anode Capacity (mAh/g) 335-355 1,500-2,500 Specific Energy (Wh/kg) ~215-285 360-500 Energy Density (Wh/L) ~530-715 890-1,400 (4) Charging Time to

  12. Slide 12: Relative Performance

    RELATIVE PERFORMANCE Amprius Batteries Deliver Twice the Mission Time Battery Cell Energy Density (3) GRAPHITE 24min FLIGHT TIME VOLUMETRIC GRAVIMETRIC AMPRIUS 42min 1,150 Wh/L (4) 3h 6min TALK TIME 5h 40min (5) MISSION TIME 8h 12min 700 Wh/L 17h 48min 450 Wh/kg 260 (6) RANGE Wh/kg 310 miles 547 mil

  13. Slide 13: Manufacturing Process

    MANUFACTURING PROCESS Amprius Utilizes Existing Commercial Manufacturing Processes Cathode and Assembly Processes are Unchanged; the Only Change is to the Anode Manufacturing Line SILICON NANOWIRE ANODE SILICON NANOWIRE ANODE BATTERY ASSEMBLY BATTERY CATHODE Slitting Stacking Formation SILICON NANOW

  14. Slide 14: High-Volume Manufacturing Tool

    HIGH-VOLUME MANUFACTURING TOOL Equipment Designed for GWh-Scale Production Large-Scale Anode Tool Leveraging Commercially-Used Solar Production Technology • • (1) https://www.centrotherm.de/ 14

  15. Slide 15: Planned High-Volume Manufacturing Facility

    PLANNED HIGH-VOLUME MANUFACTURING FACILITY U.S. High-Volume Manufacturing Facility Key Criteria Top Locations Identified Amprius Headquarters and Pilot (KWh) Scale Commercial Manufacturing Facility Rendering of High-Volume Manufacturing Plant GEORGIA TEXAS 15

  16. Slide 16: Target Markets: Aviation and EV

    TARGET MARKETS Uniquely Positioned to Address the Aviation and EV Markets Market Segment Amprius Advantage TAM – 2025 (1) Unmanned Aerial Systems (“UAS”) Ultra-high gravimetric and volumetric energy Drones for delivery, imaging, and military, density and extreme-fast charge $38.2B including high alt

  17. Slide 17: Target Markets: Applications Enabled by Amprius Batteries

    TARGET MARKETS Applications Enabled by Amprius’ Batteries Unmanned Aerial Systems High Altitude Pseudo Air (Drones) Satellites Transportation Product (1) Recon Drone Stratospheric Satellite eVTOL Application Amprius Product Performance Specification Very long endurance extreme-fast charge at high in

  18. Slide 18: Blue Chip Partners

    BLUE CHIP PARTNERS Amprius Batteries Have Been Validated by Industry Leaders Commercial shipments since 2017 Amprius has enabled Airbus to set World Nine development programs Records for HAPS endurance and flight Amprius is designed into Airbus’ HAPS platform Commercial shipments in 2022 with backlo

  19. Slide 19: Capacity Expansion

    CAPACITY EXPANSION Expand Production Capacity to Support Customer Growth What we have What’s next Disruptive High-Volume Technology Manufacturing Commercial Meet growing demand Customer Wins Enable new customer wins Reduce costs with scale Pilot (KWh)-Scale Expand market applications Manufacturing 1

  20. Slide 20: Contact Us

    Contact Us Amprius Technologies 1180 Page Ave. Fremont, CA 94538 USA Tel.: 800-425-8803 Email: ir@amprius.com Gateway Investor Relations Tel: (949) 574-3860 20 20

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