Battery developer Amprius Applied sciences (NYSE: AMPX) at present introduced that it has signed a letter of intent for a 775,000-square-foot facility close to Denver.

The battery manufacturing facility shall be in-built phases, beginning with 500 megawatt-hours. The preliminary footprint can have the potential of as much as 5 gigawatt-hours.

The corporate selected an current 1.3 million-square-foot manufacturing facility web site in Brighton, within the Denver space, as a result of it already has the electrical energy and structural structure it wants, which can cut back buildout prices.

Amprius says the situation is near important supplies and important transportation infrastructure, and that the positioning “is predicted to each streamline time-to-market and drive efficient buyer fulfilment.”

In October, the US Division of Power awarded Amprius a $50 million cost-sharing grant as the results of the Biden administration’s Infrastructure Regulation.

Colorado governor Jared Polis stated:

We’d like extra batteries to energy the long run, and now we shall be manufacturing extra of them proper right here in Colorado. We’re excited to welcome Amprius to Colorado, bringing over 300 new good-paying jobs and becoming a member of Colorado’s revolutionary and collaborative enterprise group.

Fremont-headquartered Amprius, which was based by a Stanford College professor, makes use of silicon nanowires as an alternative of graphite anode in its lithium-ion batteries. That enables for larger vitality density, which implies Amprius’ batteries can retailer extra vitality in the identical quantity of area than conventional batteries.

Or, as the corporate places it, “This implies our cells present extra vitality and energy with a lot much less weight and quantity.” So its batteries present EVs with longer vary, quicker charging instances, and better vitality density.

The batteries shall be developed in Fremont and manufactured in Brighton. Amprius is aiming to launch the manufacturing facility in 2025.

Learn extra: Tesla cofounder’s Redwood simply scored a $2B govt mortgage to make EV batteries

Picture: Amprius

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