Ensurge Micropower ASA (“Ensurge” or the “Firm”) right this moment launched its interim report for the fourth quarter of 2021 and the condensed consolidated monetary statements as of 31 December 2021 for the Ensurge Micropower ASA group.
Report highlights embody:
- Ensurge is anticipating to ship useful samples within the brief time period because it advances its packaging course of optimization and total battery integration efforts
- Roll-to-roll line ready for quantity manufacturing with upgrades to the instruments optimizing them for solid-state microbattery manufacturing
- Cycles of studying have greater than doubled, considerably accelerating the speed of optimization
- Introduced a buyer settlement with a Fortune 500 industrial firm energetic in manufacturing capital gear. Ensurge will present solid-state microbatteries optimized for the shopper’s particular utility.
- Introduced second buyer settlement with a pacesetter and innovator within the digital well being market. Settlement contains supply of customized Ensurge microbatteries for manufacturing beginning within the fourth quarter of 2022.
- Important enhance in inbound buyer leads and a wholesome buyer pipeline validating Ensurge worth propositions
CEO Kevin Barber will talk about the Firm’s progress through internet convention on Wednesday 23 February 2022 at 8:00am Central European Time. On the time of the occasion, the convention might be accessed at https://channel.royalcast.com/landingpage/hegnarmedia/20220222_3/.
Following the occasion, a recording might be accessible on the Firm’s investor relations web site at https://ensurge.com/investor-relations/presentations-webcasts/.
The fourth quarter monetary report and the presentation used for the webcast are hooked up.
About Ensurge
Ensurge is Energizing Innovation(TM) with ultrathin, versatile, and protected power storage options for wearable gadgets, related sensors, and past. Ensurge’s modern solid-state lithium battery (SSLB) expertise is uniquely positioned to allow the manufacturing of highly effective, light-weight, and cost-effective rechargeable batteries for numerous functions. The corporate’s state-of-the-art versatile electronics manufacturing facility, positioned within the coronary heart of Silicon Valley, combines patented course of expertise and supplies innovation with the size of roll-to-roll manufacturing strategies to carry the benefits of SSLB expertise to established and increasing markets. Ensurge Micropower ASA (“Ensurge”) is a publicly listed firm in Norway with company headquarters in Oslo and world headquarters in San Jose, California.
Contact
Ståle Bjørnstad – Investor Relations
E-mail: stale.bjornstad@ensurge.com
Cellphone: +47 99 16 76 72
Kevin Barber – Chief Govt Officer
E-mail: kevin.barber@ensurge.com
This data is topic of the disclosure necessities pursuant to part 5-12 of the Norwegian Securities Buying and selling Act.
- Ensurge This fall 2021 Monetary Report
- Ensurge This fall 2021 Webcast Presentation