Mark Schuder's questions to Amprius Technologies Inc (AMPX) leadership • Q2 2025
Question
Mark Schuder of William Blair & Company, L.L.C. requested more color on the increased engagement from drone customers and the overall market opportunity. He also asked about Amprius's pricing power, particularly regarding its performance advantages and the value of a non-China supply chain.
Answer
President Tom Stepien highlighted the significant value Amprius batteries provide to drones, such as extended flight times, and cited a McKinsey estimate of a $4.5-5 billion total addressable market for drone batteries. He explained that the company's performance-disruptive technology currently commands a premium price. The Fremont pilot line facilitates quick-turn samples for customer validation before scaling with contract manufacturers.