Good morning. Thanks, Tom. Glad to have this opportunity to introduce Amprius to you. Now, Amprius represents a new generation lithium-ion battery technology. With the company's battery performance today, it is the benchmark of the lithium-ion battery industry. Amprius started 2008 with. Works. Works. Okay. So Amprius started 2008 with the concept from Stanford University. Stanford University scientists invented this concept called silicon nanowire nanotechnology. So we took that technology and developed it further. In 2014, we designed the first structure. In 2016, we built the factory, the pilot line, to manufacture this structure. In 2018, we acquired the first customer, which is Airbus. Airbus still today is one of our major customers. The company launched the IPO in 2022, and we started our scale manufacturing since then. Today, Amprius has almost 2 gigawatts of manufacturing capacity available to us. So what's the importance of Amprius technology? Amprius technology today, I would say, is the only technology that can offer the balance of power and energy in the industry. The Amprius technology is not just for aviation. I have this drone here, of course. This is our market focus. Our battery can be applied to all battery applications. Our battery today delivers 500 watt-hours per kilo specific energy density. Give you a reference point. Today, if you drive a Tesla car, that's approximately 280 watt-hours per kilo. Our volumetric energy density is 13 watt-hours per liter. Your iPhone 16 is about 700 watt-hours per liter. So in addition to that, we have a very, very high-power battery here. Our battery gives you the high energy density, also gives you high power. So we can discharge at a 10C rate. Today, the charging rate is very important. The fast charging is a very critical feature for many applications. So we can charge our battery from 0 to 80% in less than six minutes. In addition to that, the safety feature building in our battery, our cell chemistry, we passed the United States military performance. This is called nail penetration test years ago. Now, our battery can perform at a minus 30 degrees Celsius to 60 degrees Celsius. So you look at those are a few important facts of the Amprius. The first, high energy density, high power density. This is very important. Without that, we wouldn't have a business. Because of that, Amprius today commands firm leadership in the lithium-ion battery industry. Then look at our revenue growth. Since we launched the IPO, we beat Wall Street consensus every quarter. We have revenue growth every quarter. We'll never look back. Today, we have over 300 customer engagements. It's a huge pipeline. So that's why you see the sequential growth quarter after quarter at Amprius. Now, companies start very early in this space. So we have the most complete silicon nanotechnology portfolio in the industry. We have over very critical patent protection here. We have extensive know-how in this business. So you look at our business, we have a global business. 86% of our shipment last quarter outside of the United States. Our manufacturing capability and capacity are enormous. We have almost 2 GW capacity available through the contract manufacturing partnership. So we look at 2025. First, we delivered this new platform called SiCore. Originally, we developed a technology based on Stanford technology concept. So now, our second generation developed at Amprius, our own development. Now we introduced to the market in 2024. Today, we have the highest energy density and power density battery in the industry. We are at least two years ahead of the game today. Then we have a 450 Wh/kg battery. Now, we replaced our first generation technology platform. Currently, it is available for the customer. I mentioned earlier, our revenue growth is quarter after quarter. Recently, we secured 15 million purchase orders. Yesterday, we made an announcement. We had a collaboration with leading European drone manufacturer, Nordic Wing. That is going to present enormous opportunity to us. May 1st, I invite my friend of 20 years, Tom Stepien, to join our company as president to look over the internal operation. In addition to our previous manufacturing partnership in China, recently, we added additional manufacturing capability in Korea. So silicon is the magic word at Amprius. Many, many people working on silicons. As I mentioned, Amprius has the most complete silicon technology profile in the industry. Our silicon anode literally has 10 times higher energy density than graphite anode today is commonly used in the industry. You look at our silicon anode has 3,400 milliamp-hours per gram compared to the best graphite you can buy at 350 milliamp-hours per gram. This is enormous. This is a huge invention at Amprius. Then you look at some real application cases. You look at the left-hand side, you compare to specific energy density. We are 500. Most of the industry, 260-280. Volumetric energy density, as I mentioned, we are 1,300. The best consumer electronics volumetric energy density battery, probably Apple, is about 700 watt-hours per liter. You look at the right-hand side, those are real application cases. For Airbus, we 24 minutes fly with their original battery, with our battery 42. We actually provided the battery to one of the consumer electronics device manufacturers. Their Apple Watch run about 3 hours, 6 minutes. With our battery, 5 hours, 40 minutes. We supply the conformable battery to U.S. military. Originally, they have eight hours mission time with ours, 17 hours, almost 18 hours. Then if you put our battery in the Tesla Model 3, you're from 300 miles to 550 miles. So each case, we double the mission time with our high power and high energy density batteries. We have two critical technology platforms. We have a lot of other structures as well. Those two are very important. The first one we call SiMaxx. This originated from Stanford University concept. The second one is called SiCore, is invented at Amprius. So those two silicon structures are very, very important. Those are the foundation of our silicon anode battery today. Then you look at this map. This is probably the most impressive and important presentation today. We have on the vertical side is energy, on the horizontal is power. In lithium-ion battery or any battery space, people either can get energy or you get power. Theoretically, you probably cannot get a well-balanced energy and power battery. It's just the law of the physics. Somehow, a year and a half ago, we broke the law of the physics. I shouldn't say broke. We found the new law of the physics. We developed this balanced energy and power battery. You look at it, there is no company, doesn't matter if it's Panasonic or LG Chem. There's no company in this space, in this industry can present this product map here. I just use one example. You look at this cell called 370 watt-hours per kilo can discharge at 15C. This is an impossible thing for people to think about a couple of years ago. Now, if we compare with our battery with graphite battery, there's no doubt about it. We beat the graphite battery in every category. So this is our silicon nanowire anode. We call SiMaxx battery structure. This is a very unique structure. This structure enables us to use 100% silicon anode. There are many, many silicon anode batteries in the marketplace that people market to you. But normally, this contains 3% silicon, 5% silicon. Amprius has 100% silicon anode in our battery. We don't have any graphite in our battery. So for SiMaxx, you can see we have 500 watt-hours per kilo performance. We have 450 watt-hours performance, different batteries for different application. All those batteries today, we have primarily initially designed for Airbus. Now, we have more than Airbus as customer for those batteries. Then we have this very unique structure we call SiCore. This design took us quite a few years to invent, to optimize it. Today, it's a perfect platform for our SiCore battery. You look at the SiCore battery, every number I present here is almost double whatever you can purchase in the commercial market. Of course, you can purchase our battery from the commercial market as well. So another important part of it is manufacturing. In battery business or in any business, three parts of your business. First, you need to be able to design. You need to have a product. The second part, you have to be able to make it. The third part, you have to be able to sell. So I just showed the design part of our business. We command this firm leadership in performance. That's our technology behind the product. Then the second part is how you manufacture. So we developed this contract manufacturing strategy. The reason we can do that is because even our cell chemistry is very unique. Our silicon structure is very unique, but we can leverage other people's manufacturing facility to manufacture. So today, Amprius doesn't have a volume manufacturing facility. We don't have a manufacturing team. We don't need a working capital. We don't have a liability of the battery manufacturer used to have it. We don't have depreciation in our financial report. So this is the perfect model for Amprius. So this contract manufacturing capability today enables us to have almost two gigawatts capacity available to serve our customers. So you look at it here. We have a facility in South Korea. We have a facility in China. We now are even developing the domestic contract manufacturing partnership in the United States. So we focus on certain market segments which can leverage our performance. The first market is we call aviation. When we talk about aviation, people always think about drones. Drone is one of the segments we are participating in. Actually, four segments. First is drone. Drone, of course, is a huge market. Military drones, logistic drones, entertainment, agriculture, you can name it. The second one is we call this high-altitude pseudo-satellite. That is the one that Airbus engaged with us back to seven years ago. The third one is eVTOL. It's more like a helicopter, so it's powered by batteries. We are heavily engaged with the OEM here. The fourth one is fixed-wing electric aircraft from two passengers all the way to 19 passengers, so we anticipate all those four segments. The second market we participate in is we call light electric vehicles, scooters, motorcycles, e-bikes. Those are a huge market, especially in Europe and Asia. Here I have a few names. We have 300 customers. Unfortunately, not all the customers want us to disclose their name. Here are some customers who have been with us for years. Airbus, Teledyne FLIR, BAE Systems, U.S. military. We also engage with consumer electronics and electrical vehicles. Even we don't supply battery to this market commercially, but we have technical engagement. At this stage, our focus will be aviation, will be the light electrical vehicle, and some AI-related activities. In the future, we probably can penetrate the other market as well. As I mentioned earlier, Amprius battery can serve all the market space today. We have a safety feature built in. We passed the U.S. military nail penetration test. We have energy to enable you to cruising. We have power to enable you to accelerate, to take off and landing. We have a very wide temperature range and very fast charging rate. We can use it for all those applications in the future. If we look at Amprius, in summary, we have an industry-leading technology enabled by best-in-class performance. Those are supported by the hard facts here. We actually have a catalog. You can purchase the product with the performance I just presented. Now, we have a gigawatt scale manufacturing capability available through the contract manufacturing partnership. We have over 300 customer engagement today. Then our company has a very healthy balance sheet. We don't have debt at all. This concludes my brief presentation. Any questions? You mind just speaking into the mic? Yes. Hi. How does the cost compare to traditional lithium-ion? Or what has been the main hurdle in getting adoption more broadly? I think two questions, actually. I'll answer the later one first. What's the main hurdle? Main hurdle is the qualification time. Because this is a new technology, new product, the customer needs time to qualify. In terms of cost, our cost is not it depends on how you judge the cost. If you say sell per cost, we are slightly higher, not dramatically higher. We could be just the same cost, but we don't want it to be. The cost, we can be the same cost. But today, we are slightly higher at the cost than graphite. Graphite today, you can buy graphite at $1 per kilo. The lowest grade graphite. Graphite normally sells at about $8 per kilo today in Asia. So ours is probably around $15 per kilo. But our price certainly is not proportional to the cost. Our price, we can have a premium price. Because for many customers, we are the only company enabling their business. You cannot fly. You want to fly, let's say if you want to fly a certain mileage, you got to have the energy beyond 400 watt-hours per kilo. Simple question. Based on that, obviously, you can get a premium. But as you scale up, is there an economy of scale? Absolutely. Absolutely. We can drop down the price anytime we want. Anytime we want. Because it's a contract manufacturing model, we have a very robust manufacturing cost structure. I didn't do the survey, but I can confidently say there are a few companies in the United States that can compete with Amprius in terms of cost. So the follow-up of that would be, as you get the scale, you obviously say, "I want to keep some of my premium, but at some point in time, you're coming down, the price will come down." Absolutely. Cost is one of our competitive advantages as well, not just the performance. At a certain time, we want to use cost as a lever to penetrate the market. Can you talk a little bit about the customer qualification process? You mentioned the large volume of customers that you do have. Some of them are blue chip that make very large purchases because they've known you for some time. But how does that typically work if someone's evaluating an Amprius battery and how they become larger customers over time? I know you guys don't treat it like a backlog, but what you can see potentially coming in larger volume purchase orders over time, how that works? Yeah. Normally, it takes 10 to 18 months to get our battery in their device. Depends on the customer. If a customer has an existing device, for example, Airbus, they built their aircraft already. All they need is a battery. That's a lot easier. If the customer says, "I have to develop my own product," at the same time, we have developed the battery for them, that takes several more turns. So it takes longer. Kind of what's the life of your battery or how many cycles can you get? That's designed with the application. For example, Airbus, they want to have a super high energy density. They only need 300 cycles. But for electric vehicle guys, they need 1,200 cycles. So the cycle life is a very complicated thing because cycle life depends on the cycling temperature, the power. You cycle at 1C or you cycle at 10C, makes a huge difference. So all designed for customer applications. Can you talk about how you safeguard your IP under a contract manufacturing model? Protect the IP is a challenge. So that's why we have our own management team on the ground. So you guys recently announced some updates to your Fremont facility specifically and introducing a pilot line to be able to get more prototypes out to customers more quickly through the U.S. and otherwise. Can you talk a bit about what went into that process and how that's going to help you guys moving forward? Yeah. Our performance has attracted a lot of attention, including the United States government. This pilot line funding primarily comes from what we call Defense Innovation Unit from the Department of Defense. So the United States government realized we are not the most advanced lithium-ion battery inventor and manufacturer. So they look at the military applications, not just for drones, submarines, all those kinds of things. We require very advanced battery. Look at Amprius. Amprius has been sponsored by the U.S. government for years. We have a contract from NASA, from DOE, DoD, from USABC. So they look at this as Amprius has a technology platform we like to take advantage of. We like to introduce to our suppliers. So that's why they financed this pilot line in Fremont, California for us to develop the new generation batteries. We got time for one more after this one. Can you tell me a little bit more about the Nordic Wing announcement that you guys announced yesterday and what that means and why people should care about it and what the drone market looks like and if the different executive orders from the administration will impact the business greatly? Yeah. We just made an announcement yesterday for Nordic Wing, and it's very significant because they are leading drone manufacturers. They are quite sophisticated. Their application is quite sophisticated. So they select us for a reason because we can meet their performance requirements. This certainly is very important. Today, Amprius has a connection with almost every leading drone company around the globe, particularly in the United States and Europe. We have some engagement in Asia as well. So this announcement certainly is going to trigger further engagement, more engagement with Amprius. We also anticipate the revenue income from this collaboration. Thank you very much, Kang. Thank you.