Amprius Technologies, Inc. (AMPX) Announces a Manufacturing Partnership with Nanotech Energy

Jeff Lewis

Tue, February 17, 2026 at 6:55 PM GMT+9 2 min read

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Amprius Technologies, Inc. (NYSE:AMPX) is among the 15 Best Small Cap Stocks to Buy According to Wall Street.

Amprius Technologies, Inc. (AMPX) Announces a Manufacturing Partnership with Nanotech Energy

On February 3, 2026, Amprius Technologies, Inc. (NYSE:AMPX) announced a manufacturing partnership with Nanotech Energy, a U.S.-based company focused on advanced lithium-ion batteries. The agreement establishes a domestic production pathway for Amprius’ high-performance silicon battery cells. CEO Tom Stepien said, “Establishing a U.S. manufacturing partner is essential to meeting the evolving requirements of our defense customers,” adding that Nanotech’s expertise in developing and producing advanced lithium-ion cells, combined with Amprius’ designs, will allow the company to move from development to production while maintaining quality, security, and performance standards.

Earlier, on January 29, 2026, Needham initiated coverage of Amprius Technologies with a Buy rating and a $20 price target. The firm said the “global, multi-year” unmanned aerial systems “supercycle” remains in the “early innings,” and that Amprius “stands out” as a pure-play battery supplier to the space. Needham described the company as “supercharging this cycle” with silicon-anode batteries that it called the “holy grail” for enabling drones to fly farther and remain airborne longer. On January 8, 2026, Northland maintained an Outperform rating and a $20 price target, naming Amprius its top investment idea for FY26 and stating that the company is positioned to benefit from secular growth in drones while aiming to capture meaningful market share.

Amprius Technologies, Inc. (NYSE:AMPX) develops, manufactures, and markets lithium-ion batteries for mobility applications under its SiCore and SiMaxx silicon anode platforms, primarily serving aviation and unmanned aerial systems markets.

While we acknowledge the potential of AMPX as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you’re looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock.

READ NEXT: 10 Most Profitable Undervalued Stocks to Buy and 11 Best Mining Stocks to Buy According to Wall Street

Disclosure: None.

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