Amprius Technologies, Inc. (“Amprius” or the “Company”) (NYSE: AMPX), a leader in next-generation lithium-ion batteries with its Silicon Anode Platform, today announced the formation of its new Industry Advisory Council (the “Council”). The Council is intended to provide the Company with key, multi-industry expertise including advising senior management through the Company’s next growth phase. Current independent director Mary Gustanski has been appointed Chair of the Council, and transportation industry veteran Tony Satterthwaite has been named the Council’s first outside member.
The Council will be an important resource to the Company as it expands its presence in aviation and various vehicular transportation end markets. Ms. Gustanski and Mr. Satterthwaite, along with future Council members, will regularly meet with Amprius management to share perspectives and provide input on the Company's strategic plans and execution.
Mr. Satterthwaite brings over 30 years of experience in the transportation and power generation industries. Through his role on the Council, Mr. Satterthwaite will be focused on the Company's product and customer development across transportation end markets. He is currently the Senior Vice President at Cummins, Inc., a global power solutions provider, where he is responsible for solving large enterprise challenges and aligning business units across digital products and services.
“Forming this Advisory Council represents another important step towards Amprius’ future as we look to become a renewable energy provider for multiple end markets,” said Amprius Chairman of the Board Don Dixon. “As we expand our capabilities and increase our product portfolio to address new applications, it is vital that we leverage the expertise of this new group to support our strategic planning efforts. Mary and Tony bring a deep knowledge of building brands and serving end customer needs across the, power generation, EV, and broader transportation sector, making them the ideal initial members on our Council. We look forward to benefitting from their insights as Amprius continues its journey to revolutionize the electric mobility industry.”
“As new entrants proliferate the energy transition ecosystem, it is becoming increasingly important to have strategic relationships to develop a differentiated go-to-market approach even for superior technology providers,” said Mr. Satterthwaite. “Amprius’ industry leading technology is going to be highly relevant in several end markets, and I believe I can leverage my experience to aid the acceleration of its growth in the United States and abroad. I look forward to working with the senior leadership team to build key relationships and deploy strategies to execute on their expanding mission.”
The Company will look to bring on additional industry leaders in the aviation and automotive sectors and plans to announce future appointments in the coming months.
