us public could and a drivers Amprius' and as quarterly for anode business discuss advance taking milestone for earnings everyone, silicon we are thank of for call. high-volume is quarter so step joining are join our our key company. to third you we for production will you glad an call today Today nanowire afternoon, that us plan results, the for Amprius, financial important earnings inaugural first Good Today, batteries. we our strategic our and
initiated the Last Two for towards built concept build design meet I'd a we battery purchase In For customer its in and from nanowire anode founded XXXX nanowire first by story, to began new was on those manufacturing our XXXX, our and in United silicon hour facility to its project technology. we strong kilowatt-hour manufacturing today's developed are. order the California. commercialization. years silicon Amprius its process. the later, received we originally University. silicon scale Amprius our was scale In first to anode anode like our call who line nanowire begin high-volume to manufacturing Airbus States to journey year, that gigawatt Amprius structure at XXXX, providing finalized the we some Stanford in demand background commercialize
This we We September In on of demand. partner access build that fulfill Amprius than in business a better help hour Kensington our not market to That markets found the proceeds Kensington can our have provides development a Capital, closed the to critical facility. could capital our scale time raised this of scale combination step road year, with a map team. the line with transaction accelerate to addition manufacturing today. gigawatt
joined Board. Following the close, Mirro, our Justin Kensington's Chairman CEO, and
with see technology mainstream Kensington anode the including as to We goal silicon and fortunate expertise with all to long-term mobility, is of in across applications the able the our working Justin electric leverage be segments entire technology industry. become nanowire industry, continue are team's to EV deeper our automotive a
of the our silicon in manufacturing and anode technology. high-energy nanowire batteries developing is density proprietary Amprius auto lithium-ion business based on
highest known Our track technical performance, business and business batteries Amprius with has a energy record. experienced years and density. product density team Today, delivers manufacturability, the with operators of X experience distinct commercialization unmatched of product solid a commercial proven power advantages:
of in specific high-power XXC XXX a minutes. our XX% up with ago, of we to capability. density X% capability, A the in X,XXX weeks hour watt-hour from we host energy volumetric which Extreme kilo charged energy per batteries X batteries our have Our watt-hour per to Charge Fast density few liter and demonstration one
the particularly temperature important Celsius from for Celsius, a addition, Amprius aviation which is XX we XX-degree In to batteries are currently degrees that market offer of targeting. range wide minus
by commercial focusing will XXXX. to at level. we billion market the Amprius Amprius $XX expect competition stands apart, grow have not currently performance and is which aviation do any currently addressing TAM the on we market, this in
significant in as of BAE silicon validates the that rigorous announced in our programs, potential are X-year nanowire customers our military recently, BAE We product Zephyr investigate enabled we anode aviation applications, batteries among use aviation Most and Airbus, technology real-world defense AeroVironment have situation, in HAPS leader, FLIR. a group currently supply and Systems. of This aerial intends a them, its Teledyne of opportunities, electrical further business and agreement using cooperation their Amprius industry agreement chip with batteries industry the by to a blue portfolio. with
for silicon to have received the technology. commercial U.S. In anode shown total, of grants Amprius consistently Energy. customers, support has X from our In government addition also U.S. Department its we and the
States multiyear a development We second United been consortium density energy funding and also low-cost to development of batteries. the program battery high with awarded advanced have for EV the advance
to developed most Today, accelerate a the built demands meet Tier the thanks today, has quickly production growth. is lithium-ion roadmap. of secure decade the industry, capacity development, scale company's priority and available commercially battery customer the the battery X aviation and advanced a technology its the customers Amprius to in strong top manufacturability After
since our point. scale We it until gigawatt in the facility. with to at a the batteries from have have production to for necessary serve Furthermore, capacity and hour manufacturing production goal several prepare this begin October, our as limited more facility. approximately qualification received to centrotherm machine building is In process XXx us of This expertise allows we nanowire first on high-volume we construction XXXX. the progress California sampling accelerate of we anode silicon scale ways. been made this to our This kilowatt-hour machines high-volume critical development at exiting provides customers us
Amprius, brings Panasonic He Energy expansion board to and lead production planning, Next, we most of compliance. at our our came management efforts. the experience Infrastructure, on recently working at development capacity, President development of and facility Vice recently high-volume of our manufacturing Tesla's years and gigafactory. regulatory factory first Andrew our facility will America, focusing began North the as was the to to scale facility development Huie, Andrew of over XX on spearhead
our catalyst the Law, which on as of part and mobility to Infrastructure capacity growing Bipartisan electric position lithium-ion the President We our pioneer will this awarded our in next-generation battery. sharing manufacturing million a focused as in production reflects government's month, Amprius this confidence $XX domestic cost Last the is was a be as Biden's expansion a technology. grants exhibit a funding believe of
work enable and With and silicon production. effort, all our this high-volume scale positioned of anode well is to products the nanowire electric believe hard battery technology technology are to poised business our into a future mobility. We the
progress the in is capability production expanding. of Our
is have performance blue battery and with us. market, unmatched many interested working customers, in including current several Our are chip others who in we
our third quarter. Thank who for to the the Now financial results I over Sandra call will review turn Wallach, you. our CFO, will
