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Ensurge Delivers First Shipment of Solid-State Lithium Microbatteries to Leading Medical Device Company

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On June 27, 2024, Ensurge Micropower announced the delivery of its solid-state lithium microbatteries to a leading Fortune 500 medical device company. This shipment follows an evaluation agreement signed on October 25, 2023. Ensurge's microbatteries, featuring 10um technology, promise faster charging, longer cycle life, enhanced safety, and customizable form factors. These batteries are also compatible with Surface Mount Technology (SMT) assembly processes, making them ideal for various future medical applications.

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  • Delivered first shipment of solid-state lithium microbatteries to a Fortune 500 medical device company.
  • Microbatteries offer faster charging, longer cycle life, and greater safety.
  • Microbatteries are compatible with widely adopted Surface Mount Technology (SMT).
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OSLO, Norway, 27 June, 2024 -- Ensurge Micropower (OSE: ENSU, and OTCQB: ENMPY) ("Ensurge" or the "Company"), today announces it has delivered samples of its solid-state lithium microbattery to a customer within the medical-device industry. This shipment is in accordance with an evaluation agreement that was signed and announced on 25 October, 2023. 

“This is our first shipment to this Fortune 500 medical device manufacturer for initial feasibility testing of integrating Ensurge 10um battery technology into various future applications.” said Lars Eikeland, CEO at Ensurge. 

Testing to date shows that Ensurge`s microbattery delivers faster charging, longer cycle life, and greater safety than any other microbatteries, in addition to its extremely valuable benefits of customizable form factors and compatibility with widely adopted Surface Mount Technology (SMT) assembly processes.

About Ensurge Micropower
Ensurge is Energizing Innovation™ with the first ultrathin, flexible, reliable, and fundamentally safe solid-state lithium microbattery for the 1 to 100 milliampere-hour (mAh) class of wearable devices, connected sensors, and beyond. The innovative Ensurge Microbattery enables energy-dense rechargeable products that are ideal for form-factor-constrained applications including hearables (hearing aids and wireless headphones), 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, located in the heart of Silicon Valley, 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.

This information is subject of the disclosure requirements pursuant to section 5-12 of the Norwegian Securities Trading Act.

Contact 
Investor Relations 
E-mail: IR@ensurge.com


Lars Eikeland, CEO at Ensurge 
E-mail: lars.eikeland@ensurge.com


FAQ

When did Ensurge deliver its first shipment of solid-state lithium microbatteries?

Ensurge delivered its first shipment of solid-state lithium microbatteries on June 27, 2024.

Which company received Ensurge's first shipment of solid-state lithium microbatteries?

A leading Fortune 500 medical device company received Ensurge's first shipment of solid-state lithium microbatteries.

What are the key benefits of Ensurge's solid-state lithium microbatteries?

Ensurge's solid-state lithium microbatteries offer faster charging, longer cycle life, greater safety, customizable form factors, and compatibility with Surface Mount Technology (SMT) assembly processes.

What is the stock symbol for Ensurge Micropower?

The stock symbol for Ensurge Micropower is ENMPY.

When was the evaluation agreement for Ensurge's microbatteries announced?

The evaluation agreement for Ensurge's microbatteries was announced on October 25, 2023.

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