Group 1 - The company successfully demonstrated and shipped 11L/10 μm batteries, which met performance expectations at customer sites, showcasing fast charging and pulse discharging capabilities [1] - Negotiations with a Fortune 500 partner regarding a Joint Development Agreement (JDA) for next-generation batteries have progressed significantly [1] - The company achieved a 90% assembly yield after finalizing all critical technology issues [1] Group 2 - The company has filed critical intellectual property (IP) related to technical fixes and manufacturing process innovations [1] - A 24/7 shift structure has been implemented to reduce cycle time and increase stack output [1] - The strengthened development pace has led to an increasing customer pipeline and new technology inquiries [1] Group 3 - Ensurge Micropower specializes in ultrathin, flexible, reliable, and fundamentally safe solid-state lithium microbatteries, targeting form-factor-constrained applications such as wearables and IoT devices [2] - The company operates a state-of-the-art manufacturing facility that combines patented process technology and materials innovation, optimized for prototyping and small-scale manufacturing [2] - Ensurge aims to outsource production of resulting intellectual property (IP) to specialized partners with industrial manufacturing expertise to scale efficiently [2]
Ensurge Micropower ASA – 1Q 2025
Globenewswire·2025-05-15 05:30