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Amazon EBS Snapshots Archive is now available in AWS GovCloud (US) Regions enabling customers to save up to 75% in snapshot storage costs

Amazon Elastic Block Store (EBS) Snapshots Archive helps customers save up to 75% on storage costs for Amazon EBS Snapshots that they rarely access and intend to retain for more than 90 days. Amazon EBS Snapshots are incremental in nature, storing only the changes since the last snapshot. This makes them cost-effective for daily and weekly backups that need to be accessed frequently. If you have snapshots that you access every few months or years, and would like to retain them long-term for legal or compliance reasons, you can use Amazon EBS Snapshots Archive to store full, point-in-time snapshots at a lower cost than what you would incur if stored in the standard tier. You can also use Amazon Data Lifecycle Manager to create snapshots and automatically move them to EBS Snapshots Archive based on your specific policies, further reducing the need to manage complex custom scripts and the risk of having unattended storage costs. 

Source:: Amazon AWS