Amprius Technologies Secured $75M US Grant for Military Drone Battery Production

Key Facts

1Amprius Technologies secured a $75 million US Department of Defense grant to convert an EV battery production line into batteries for military drones.

Amprius Technologies secured a $75 million US Department of Defense grant to convert an EV battery production line into advanced batteries for military drones. Reuters reported that the award, issued through the Industrial Base Analysis and Sustainment (IBAS) program, aims to establish domestic manufacturing for high-performance pouch cells powering Group 1, 2, and 3 unmanned aerial systems.

The strategic pivot follows softening demand in the electric vehicle market and a federal push to expand the domestic drone industrial base. AMPX closed at $8.56 on October 13, 2026, after reaching a day high of $8.71 and a low of $8.40 during the session.