Ensurge Ships Unit-Cell Samples of its Solid-State Lithium Microbattery to Second Strategic Partner
Ensurge Micropower (OTCQX: ENMPY) has shipped samples of its solid-state lithium microbattery units to a prominent global battery supplier, marking a significant step in its commercialization efforts. The microbatteries are designed for applications requiring 1 mAh to 100 mAh, boasting superior energy density and faster charging capabilities. CEO Kevin Barber emphasized the technology's potential benefits in powering devices like fitness trackers and IoT sensors. This partnership reflects extensive prior discussions between the companies on leveraging Ensurge's advanced technology.
- Successful shipment of solid-state lithium microbattery samples to a second strategic partner.
- Partnership indicates strong interest from a global leader in battery products.
- Microbattery technology offers superior energy density and rapid charging.
- None.
Leading battery and component supplier is interested in applying Ensurge technology to products designed for today’s growing segment of 1 milliampere-hour (mAh) to 100 mAh applications
SAN JOSE, Calif., October 13, 2022 -- Ensurge Micropower (OSE: ENSU, and OTCIQ: ENMPY) today announced it shipped samples of its rechargeable solid-state lithium microbattery unit cells to a second strategic partner. This is the first step in a broader potential engagement with the partner, a global leader in battery products and a component maker. Ensurge has had extensive discussions with the partner during development of its microbattery technology.
"Ensurge continues to successfully execute this phase in the commercialization of our solid-state Lithium microbattery technology," said Kevin Barber, Ensurge Chief Executive Officer. “This partner will evaluate our 1 mAh to 100 mAh microbattery technology’s superior energy density, faster charging, high pulse discharge improved design flexibility and other benefits that are critical for powering a new generation of products used in applications ranging from fitness and health trackers to consumer hearing assistance devices and connected IoT sensors for IoT."
For more information about Ensurge's microbattery technology visit the Company's website, www.ensurge.com.
Contact
Stale Bjornstad - Investor Relations
E-mail: stale.bjornstad@ensurge.com
Phone: +47 99 16 76 72
Kevin Barber - Chief Executive Officer
E-mail: kevin.barber@ensurge.com
About Ensurge Micropower
Ensurge is Energizing Innovation (TM) with the first ultrathin, flexible, reliable, and fundamentally safe solid-state lithium microbattery for the 1-100 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.
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