Highlights
Successfully demonstrated and shipped 11L/10 ?m
batteries, which performed to expectations at
customer site: fast charging/pulse discharging
Further progressed negotiations with a Fortune 500
partner about a Joint Development Agreement
(JDA) for the next-generation batteries
Finalized all critical technology issues and achieved
90% assembly yield
Filed critical IP related to technical fixes and
manufacturing process innovation
24/7 shift structure implemented to reduce cycle
time and increase stack output
Strengthened development pace has resulted in an
increasing customer pipeline and new technology
inquiries
About Ensurge Micropower
Ensurge is energizing innovation with the first ultrathin, flexible, reliable,
and fundamentally safe solid-state lithium microbattery. With a workforce of
forty top-tier specialists based in the world's technology capital, Silicon
Valley, Ensurge has developed a future-oriented and innovative microbattery
technology. The microbattery is ideal for form-factor-constrained applications,
including hearables, digital and health wearables, sports and fitness devices,
and IoT sensor solutions that use energy harvesting to power everyday things.
The company's state-of-the-art manufacturing facility combines patented process
technology and materials innovation, with the scale of roll-to-roll production
methods, to bring the advantages of Ensurge technology to established and
expanding markets. Ensurge's production facilities are optimized for prototyping
and small-scale manufacturing. To scale efficiently, we aim to outsource the
production of the resulting intellectual property (IP) to specialized partners
with industrial manufacturing expertise. Ensurge is listed on the Norwegian
stock exchange and is financed out of Norway by strong and reputable financial
investors, reflecting both a strategic investment and a robust transatlantic
collaboration.
For more information, please contact:
Lars Eikeland, Chief Executive Officer
E- mail: lars.eikeland@ensurge.com
This information is subject to the disclosure requirements pursuant to Section
5-12 the Norwegian Securities Trading Act