Amte Power Share Discussion Threads

[someuwin] 17/3/2021 10:52

The only other pure play Battery Tech co on AIM I'm aware of is Ilika (LSE:IKA)

I've followed them for years but think AMTE is now a much better bet in this hot sector.

IKA mkt cap £275m (was over £300m a few months ago). AMTE mkt cap £110m.

[manual dexterity] 17/3/2021 10:37

It will be interesting to see what the size of the market for performance cars is.

But I suspect the interest in this market itself will generate a lot of "interest"

[74tom] 17/3/2021 10:34

A good summary scooper72, re. Britishvolt, I do wonder whether their collaboration could involve AMTE leasing part of the Blyth gigafactory capacity - it's mooted to be 30GW in total, so if AMTE need 2GW this would make some sense. Britishvolt could either take equity in AMTE or a royalty on future cell production...

[scooper72] 17/3/2021 10:11

Some points. Obviously high risk as this landscape can change rapidly and it's a v competitive field they are in. However they are targeting high end market - batteries for performance cars, not your average Prius. Plus they are looking to set up the UKs first gigaplant with Britishvolt another start up. Looks like they have a lot of expertise on board not to get lost in the crowd.

[someuwin] 17/3/2021 10:09

You don't get two chances to buy in at the start. Get onboard now or forever be running to catch up - imo.

[manual dexterity] 17/3/2021 10:00

Well I've taken a few here.

It could be a decent long term investment.

[74tom] 17/3/2021 09:56

Couldn't agree more someuwin, it's the depth of their pipeline & scale of their relationships that amazes me.

I've added a couple of images from a presentation I found from July 2019, but which is fundemental to their business strategy;

[someuwin] 17/3/2021 09:44

I'm still adding here.

£100m is peanuts for a cutting edge battery tech co like this. Will be a multi-billion co at some stage.

[jumi456] 17/3/2021 09:37

Care to share some insightd ?

[scooper72] 17/3/2021 09:08

Have just bought in based on a report I pay to receive.

[1airbag] 17/3/2021 08:56

Hopefully a British success story, there are a few if you look hard enough. No seriously, the growth potential here is very strong. The interview is worth listening to, Kevin Brundish is very plausible. It would appear they are at the absolute forefront of battery technology.

[74tom] 17/3/2021 08:43

I mean you’d do well to deramp at the current market cap! Still around 35% of the value of IKA, with much clearer commercial prospects. As per the admission doc, their Thurso factory is estimated to be worth £38m alone...

[flashheart] 17/3/2021 08:41

I'm adding not selling though .

[flashheart] 17/3/2021 08:41

Offering me 297 at HL so not sure what you're looking at.

[wingrove4] 17/3/2021 08:38

Can anyone explain why HL are only offering me 245 for my shares to sell

[1savvyinvestor] 17/3/2021 08:31

Wow! Want more but need a pull back . Not going to de-ramp

[74tom] 17/3/2021 08:20

They took them in the IPO as per the admission doc. Also nice to see they had the Green Economy Mark RNS lined up, always helps to make more potential investors aware of the business.

[jumi456] 17/3/2021 08:15

Looking at the date as 12/3 so first day of ipo ?

[someuwin] 17/3/2021 08:10

Lombard Odier Asset Management holding 5.19%.

[jumi456] 17/3/2021 07:42

Good for those looking for green energy investment.https://www.londonstockexchange.com/news-article/AMTE/green-economy-mark/14902746

[cottoner] 17/3/2021 07:25

AMTE Power signs framework agreement with the UK Battery Industrialisation Centre
16 March 2021

AMTE a developer and manufacturer of lithium-ion battery cells for specialist markets, is pleased to announce it will be one of the first commercial customers to use the publicly funded UK Battery Industrialisation Centre (UKBIC), under a new framework agreement.

UKBIC was established to help UK companies in proving whether their battery-related technologies - from electrode and cell materials through to battery modules and packs - can be manufactured at the required volume, speed, performance and cost, in order to be commercially successful.
The new agreement will enable the AMTE Power team to transition from product development in its, battery manufacturing site in Thurso, Scotland, to larger-scale manufacturing at UKBIC. Initially, the focus will be on the development of AMTE Power’s Ultra High-Power cell, which has been designed for the automotive market specifically targeting high-performance sports cars and high-powered off-highway vehicles.

AMTE Power will use UKBIC to prepare materials, aid design for manufacture, and test manufacturing processes and parameters at scale, in advance of full production of the Ultra High Power Cell. This will be an important period of refinement in supporting AMTE Power’s aim to provide a reliable, scalable supply alternative for the UK automotive industry which by 2030 is moving to become wholly electric.

continues...

Kevin Brundish, CEO of AMTE Power, said: “We are very proud to be one of the first UK manufacturers to use the UKBIC facility as it marks a crucial step for AMTE and the UK battery industry. It will no doubt be critical in helping us to underpin our scale-up plans for manufacturing to enable us to serve the significant potential demand we see for our products in the automotive, oil & gas, and energy storage markets.”

[cottoner] 17/3/2021 07:21

Faradian Collaboration and Licensing deal with AMTE Power
Posted on March 16 2921


UK based battery manufacturer AMTE Power and Sheffield-based Faradion Ltd., a leader in sodium-ion battery technology, have announced a collaboration which combines Faradion's IP with AMTE Power's design and manufacturing capabilities.

This collaboration grants AMTE Power a license to manufacture and sell sodium-ion cells (to be incorporated into battery packs) for Energy Storage Solutions (ESS) for defined fields of use and geographies. This partnership enables sodium-ion battery technology to be incorporated in a range of renewable energy applications including residential energy storage, commercial micro-grids, wind turbine and tidal energy storage. Faradion's patented technology is highly scalable as it can leverage AMTE Power's existing lithium-ion manufacturing facilities in Thurso.

continues...

Kevin Brundish, CEO of AMTE Power said, "This partnership between AMTE and Faradion allows us to manufacture next generation sustainable, sodium-ion batteries in the UK and leverage our core manufacturing expertise. Following our IPO, our intention is to build upon our ongoing collaboration and continue to utilise our production plant to scale and transfer Faradion's existing new cell technologies to volume manufacture."

[davidbennett] 16/3/2021 18:06

Well if anyone wasn't sure of the potential here, you just have to look at the order that VW have placed with Northvolt (the Swedish battery manufacturer that Britishvolt are modelling themselves on)

hxxps://electrek.co/2021/03/15/vw-orders-14-billion-worth-battery-cells-northvolt-gigafactory-takes-stake/

(Substitute for https)

Makes you think that if AMTE are able to commercialise one of the x10 niche automotives they’re speaking to, it’s still a reasonably big number to a company capitalised at less than £95m.

[someuwin] 16/3/2021 10:35

Don't think the pullback will last long...

[1savvyinvestor] 16/3/2021 09:16

Glad I bought 1st thing yesterday but wish I had more . Watching for any slip back