Ensurge Micropower ASA – 1H 2025
Rhea-AI Summary
Ensurge Micropower ASA (OTC:ENMPY) has announced several key developments in their business operations. The company has appointed Shauna McIntyre as their new CEO and established a new Board of Directors. Notable operational achievements include completing two comprehensive battery evaluations for a customer's initial delivery order and advancing their manufacturing process towards roll-to-roll production.
The company has made progress in their technology collaboration with a Fortune 500 company and secured an additional evaluation agreement with a medical device company. Ensurge is also advancing Joint Development Agreements with Evaluation Partners to support their technological development. Going forward, quarterly reports will be presented by CEO Shauna McIntyre either in person or via webcast.
Positive
- Appointment of new CEO and Board of Directors indicating fresh leadership
- Successfully completed two battery evaluations for customer's initial order
- Progress in manufacturing towards advanced roll-to-roll production
- New evaluation agreement secured with medical device company
- Ongoing technology cooperation with Fortune 500 company
Negative
- None.
Highlights
Shauna McIntyre appointed new CEO of Ensurge
Micropower ASA
New Board of Directors
Successfully completed two comprehensive battery
evaluations for a customer as part of its initial
delivery order
Progressed manufacturing from individual sheet-
based production towards its intended production
line of roll-to-roll (R2R) production in the front-end
cell manufacturing
Progress on technology cooperation with a Fortune
500 company
Signed an additional evaluation agreement with a
medical device company
Progressing Joint Development Agreements (JDAs)
with Evaluation Partners to fund the company’s
technological development
Future quarterly reports will be presented by our CEO Shauna McIntyre either in person or by a webcast
About Ensurge Micropower
Ensurge is energizing innovation with the first ultrathin, flexible, reliable, and fundamentally safe solid-state lithium microbattery. With a workforce of forty top-tier specialists based in the world's technology capital, Silicon Valley, Ensurge has developed a future-oriented and innovative microbattery technology. The microbattery is ideal for form-factor-constrained applications, including hearables, 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 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. Ensurge's production facilities are optimized for prototyping and small-scale manufacturing. To scale efficiently, we aim to outsource the production of the resulting intellectual property (IP) to specialized partners with industrial manufacturing expertise. Ensurge is listed on the Norwegian stock exchange and is financed out of Norway by strong and reputable financial investors, reflecting both a strategic investment and a robust transatlantic collaboration.
For more information, please contact:
Lars Eikeland, Chief Executive Officer
E- mail: lars.eikeland@ensurge.com
This information is subject to the disclosure requirements pursuant to Section 5-12 the Norwegian Securities Trading Act
Attachment
FAQ
Who is the new CEO of Ensurge Micropower (ENMPY)?
What manufacturing improvements has Ensurge Micropower (ENMPY) announced?
What new partnerships has Ensurge Micropower (ENMPY) announced?
How will Ensurge Micropower (ENMPY) conduct future quarterly reports?
What progress has Ensurge Micropower made in battery development?
