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ENSURGE MICROPOWER S/ADR - ENMPY STOCK NEWS

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ENSURGE MICROPOWER S/ADR (ENMPY) is a leading provider of innovative energy solutions, specializing in micro-power generation technologies. The company focuses on developing environmentally friendly and cost-effective solutions for off-grid and remote power needs. With a strong commitment to sustainability, Ensurge Micropower aims to revolutionize the energy sector by offering reliable and efficient power solutions that reduce carbon footprint. Their cutting-edge products include solar panels, wind turbines, and energy storage systems, catering to a wide range of industries and applications. Through strategic partnerships and continuous research and development, Ensurge Micropower is at the forefront of the clean energy revolution, driving towards a greener and more sustainable future.

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Ensurge Micropower ASA's large shareholder, Andreas Holding AS, discloses a successful private placement of 233,468,885 new shares, owning 5.00% of the company's outstanding shares, which will decrease to 4.56% post-issuance.
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Ensurge Micropower ASA completes private placement with Admaniha AS subscribing for 1,600,000 shares at NOK 0.25 each.
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Rhea-AI Summary
Ensurge Micropower ASA successfully completes a private placement of 233,468,885 Offer Shares at NOK 0.25 per share, raising NOK 58,367,221.25. The funds will be used for operations, Go-To-Market activities, and production ramp up, with additional funding expected from customers and technology partners in the next 6-9 months.
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Ensurge Micropower ASA engages Skandinaviska Enskilda Banken AB for a private placement of new ordinary shares. Chairman Terje Rogne to subscribe for Offer Shares. Proceeds to fund operations, Go-to-Market activities, and production ramp up.
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Ensurge Micropower ASA achieved a significant milestone by producing the world's first functional commercial-scale solid-state lithium microbattery. The company plans to ramp up manufacturing capacity to meet demand from partners and customers, with a focus on revenue growth and expanding its customer base. Ensurge has developed a leaner packaging process, filed more patent applications, and strengthened entry barriers for competitors. The company has signed evaluation agreements with leading customers and aims to become the market leader for power supply in wearables, hearables, and IoT-connected sensors.
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Ensurge Micropower (ENMPY) achieves a significant milestone by successfully manufacturing fully functional solid state microbatteries with stacked cells on 10-micron substrates. The new technology is expected to revolutionize the battery market for wearables, hearables, and connected sensors, offering faster charging, longer cycle life, and enhanced safety. Ensurge plans to scale up manufacturing capacity to meet growing demand and pursue licensing opportunities to drive growth.
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Ensurge Micropower has been granted three out of three patents filed in 2020 for microbattery technologies, essential for powering wearables, hearables, and IoT devices. The patents cover battery stacking, engineered electrolytes, solid state microbattery fabrication, and packaging on a stainless steel substrate. Ensurge's technology has been recognized in a peer-reviewed perspective paper and won phase one of the U.S. Department of Energy Microbattery Design Prize.
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Ensurge Micropower ASA (Ticker: ENSURGE) Announces Issuance of New Shares in Subsequent Offering
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Ensurge Micropower ASA (Ticker: EMP) successfully completed a share issuance resolved in connection with the Subsequent Offering, resulting in a share capital increase to NOK 245,968,885.80 divided into 2,459,688,858 shares with a par value of NOK 0.10.
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Ensurge Micropower ASA (Ticker: ENSURGE) sees a significant increase in share issuance, with a large shareholder, Robert Napier Keith, now holding 14.26% of the total outstanding shares, totaling 350,711,353 shares.
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FAQ

What is the current stock price of ENSURGE MICROPOWER S/ADR (ENMPY)?

The current stock price of ENSURGE MICROPOWER S/ADR (ENMPY) is $0.2808 as of November 22, 2024.

What is the market cap of ENSURGE MICROPOWER S/ADR (ENMPY)?

The market cap of ENSURGE MICROPOWER S/ADR (ENMPY) is approximately 57.8M.

What does ENSURGE MICROPOWER S/ADR specialize in?

ENSURGE MICROPOWER S/ADR specializes in innovative energy solutions, focusing on micro-power generation technologies.

What are some products offered by ENSURGE MICROPOWER S/ADR?

ENSURGE MICROPOWER S/ADR offers a range of cutting-edge products such as solar panels, wind turbines, and energy storage systems.

What is the company's commitment to sustainability?

ENSURGE MICROPOWER S/ADR is strongly committed to sustainability and aims to revolutionize the energy sector with environmentally friendly and cost-effective solutions.

How does ENSURGE MICROPOWER S/ADR contribute to reducing carbon footprint?

ENSURGE MICROPOWER S/ADR contributes to reducing carbon footprint by providing reliable and efficient power solutions that are designed to be environmentally friendly.

What industries does ENSURGE MICROPOWER S/ADR cater to?

ENSURGE MICROPOWER S/ADR caters to a wide range of industries and applications with their innovative energy solutions.

What sets ENSURGE MICROPOWER S/ADR apart in the energy sector?

ENSURGE MICROPOWER S/ADR stands out in the energy sector with their focus on sustainability, cutting-edge technologies, and commitment to driving a greener and more sustainable future.

How does ENSURGE MICROPOWER S/ADR stay ahead in the clean energy revolution?

ENSURGE MICROPOWER S/ADR stays ahead in the clean energy revolution through strategic partnerships, continuous research and development, and a dedication to innovation.

What is the vision of ENSURGE MICROPOWER S/ADR?

ENSURGE MICROPOWER S/ADR envisions a greener and more sustainable future by providing reliable, efficient, and environmentally friendly energy solutions.

How does ENSURGE MICROPOWER S/ADR contribute to off-grid and remote power needs?

ENSURGE MICROPOWER S/ADR addresses off-grid and remote power needs by offering cost-effective and reliable solutions tailored to these specific requirements.

What is the impact of ENSURGE MICROPOWER S/ADR's products on the energy sector?

ENSURGE MICROPOWER S/ADR's products have a significant impact on the energy sector by driving innovation, sustainability, and efficiency in micro-power generation technologies.

ENSURGE MICROPOWER S/ADR

OTC:ENMPY

ENMPY Rankings

ENMPY Stock Data

57.77M
30.54M
Electronic Components
Technology
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United States of America
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