Latest Ambri News & Updates
See the latest news and media coverage for Ambri. We track all announcements, press releases, and industry mentions in real time, all in one place.
Liquid-metal grid battery developer
ambri.com- Headquarters
- Marlborough, United States
- Founded year
- 2010
- Company type
- Private company
- Number of employees
- 50–200
Last updated
Latest news about Ambri
In short: Ambri completed a Chapter 11 sale process and emerged as a recapitalized entity after previously announcing a wind-down of operations.
Company announcements
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Ambri is winding down operations
The company offers its equipment and intellectual property for sale and thanks its team, customers, and investors while citing inability to raise capital for factory construction.
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Ambri completes sale and emerges from Chapter 11
The company sold assets to a lender consortium in a Section 363 transaction, recapitalized, appointed co-founder David Bradwell as CEO, and continues developing its Liquid Metal™ batteries.
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Ambri agrees to sale terms with lender consortium
It has filed Chapter 11, obtained DIP financing from its lenders, and expects a Section 363 sale and to emerge recapitalized in July 2024.
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Ambri achieves UL 1973 certification
The certification applies to its next-generation Liquid Metal™ battery cells. Announced on August 8, 2023.
Media coverage
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Reliance New Energy Solar to Invest in U.S.-based Energy Storage Firm Ambri Inc.
MUMBAI - Reliance New Energy Solar Ltd., a wholly owned subsidiary of Reliance Industries Ltd., along with strategic investors Paulson & Co. Inc. and Bill...
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NEC to Develop Energy Storage Systems with Cells from Ambri Inc.
WESTBOROUGH, MA, Sep 24, 2019 - (JCN Newswire) - NEC Energy Solutions (NEC), a wholly owned subsidiary of NEC Corporation, and Ambri has announced they...
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Ambri, Bill Gates-backed battery startup, to shut down - Boston Business Journal
Ambri, one of the state's largest clean energy companies, is winding down after nearly 15 years as a business.
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Five things: Ambri layoff warning, Southie apartments, SVB deposits, and an innovation road trip
Today's five things to know include Ambri's layoff warning, a Southie apartments project, SVB and First Republic's lost Mass. deposits, and an innovation road trip...
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