Amprius Technologies Amends Fremont Lease, Extends Term to 2034

What Happened

• Amprius Technologies, Inc. announced on August 7, 2026 that it entered into a Second Amendment to its industrial lease with Los Altos Fields, LLC for the facility at 1000–1180 Page Avenue, Fremont, California. The amendment extends the lease that was set to expire June 30, 2027; the new term runs from July 1, 2027 through June 30, 2034 and includes two options to extend for additional five-year periods.

Key Details

• Effective date of amendment: August 7, 2026 (lease extension commences July 1, 2027).
• New lease expiration: June 30, 2034.
• Extension options: Two separate five-year renewal options, subject to lease terms.
• Financial impact: Total future lease payments after the amendment are expected to be approximately $10.5 million; base rent will escalate annually per the amendment and Amprius will continue to pay its percentage share of operating expenses.

Why It Matters

• The amendment creates a multi-year, fixed-location commitment for Amprius, increasing its known future cash obligations (estimated ~$10.5M) and locking in occupancy through mid-2034 unless renewal options are exercised or other changes occur.
• For investors, this affects the company’s operating cost profile and cash flow planning (rent and operating expense shares), and it clarifies the company’s real estate stability for production or operations at the Fremont site.
• The full terms are included as Exhibit 10.1 to the 8-K filing for those who want the complete legal language and rent schedule.