Ensurge Micropower’s 1H 2024 Highlights
Ensurge Micropower ASA has marked significant milestones in the first half of 2024, progressing notably in the development and delivery of its cutting-edge Solid-State Lithium Batteries (SSLBs). On April 22, 2024, the company proudly shipped the first 10 μm multi-layer SSLBs to a strategic partner, fulfilling a pre-committed agreement for testing purposes. Subsequently, on June 27, 2024, Ensurge announced the delivery of sample batteries to a prominent Global Fortune 500 medical-device company, aligning with a prior evaluation agreement from October 25, 2023.
Innovations and Achievements
The period also saw substantial advancements in the company’s technology and production processes. Notably, Ensurge is nearing its targeted benchmarks for energy density (Wh/L), charge cycles, and production efficiency. Several breakthrough innovations have simplified the production process, surpassing initial expectations, and are now under patent application to safeguard the novel methods developed.
Moreover, recent tests on the company’s mAh battery device have demonstrated exceptional pulse current capabilities, achieving up to 12.5C in demanding Bluetooth measurement monitoring devices—a performance that significantly exceeds existing specifications. This achievement underscores the unique integration of battery architecture, material set, and process technology that distinguishes Ensurge Micropower’s products.
About Ensurge Micropower
Ensurge Micropower is at the forefront of Energizing Innovation(TM) with its revolutionary ultrathin, flexible, and safe solid-state lithium microbatteries, ranging from 1 to 100 milliampere-hour (mAh). Designed for the increasingly demanding energy needs of wearable devices, connected sensors, and more, Ensurge’s batteries are ideal for compact applications such as hearables, health wearables, and IoT sensor solutions. Located in Silicon Valley, the company’s state-of-the-art facility leverages patented technologies and roll-to-roll production methods to cater to both established and emerging markets.
For further details, the full report and financial statements for the first half of 2024 are available for review.
Source: globenewswire.com
