EnerSys reports developments in stored energy solutions for industrial applications, including energy systems, motive power batteries, specialty batteries, chargers, power equipment, accessories and outdoor enclosure solutions. The company serves applications in telecommunications, broadband, utilities, uninterruptible power supplies, electric industrial vehicles, aerospace and defense, medical and security systems, and energy storage management.
Recurring news includes fiscal results, dividends, investor presentations, manufacturing footprint changes and technology updates around proprietary Thin Plate Pure Lead battery production. Coverage also reflects its Energy Systems, Motive Power, Specialty and New Ventures lines, aftermarket support and customer activity across global sales and manufacturing operations.
Ultralife (NASDAQ: ULBI) has agreed to be acquired by EnerSys (NYSE: ENS) in an all-cash transaction valued at approximately $320 million. The value includes the assumption of net debt. Ultralife shareholders will receive $16.00 per share at closing, a 166% premium to its October 26, 2026 closing stock price.
Both boards unanimously approved the merger agreement. EnerSys intends to use cash on hand, and the transaction has no financing contingency. Through a subsidiary, EnerSys will launch a tender offer to purchase all outstanding Ultralife shares; the offer has not yet commenced. Closing requires at least a majority of outstanding shares to be tendered and applicable regulatory approvals. The transaction is expected to close in the first quarter of calendar year 2027. Upon completion, Ultralife shares will no longer be listed on any public market.
EnerSys (NYSE: ENS) will release its second quarter fiscal 2027 financial results after market close on November 11, 2026. The results cover the period ended October 4, 2026. A conference call to review the results will follow on November 12, 2026, at 9:00 AM ET. The release, slide presentation, live webcast and call replay will be available through the company’s Investor Relations website.
EnerSys (ENS) appointed Navi Grewal as Chief Digital, AI and Information Officer, effective October 16, 2026, to lead its technology strategy. She will report to President and Chief Executive Officer Shawn O’Connell and join the Executive Leadership Team.
Grewal will oversee global digital technology, artificial intelligence, information technology, cybersecurity and enterprise data strategy. Her responsibilities include modernizing global business systems and establishing an enterprise AI strategy, emphasizing secure, reliable operations, data and automation. She brings nearly three decades of experience and most recently served as Global Chief Digital and Technology Officer at MasterBrand Cabinets.
EnerSys (NYSE: ENS) received a 5.0-Diamond rating for its Alpha® XM Edge power system in Lightwave’s 2026 Diamond Technology Reviews. The score is the highest available and was awarded in the Active Network Hardware category by a panel of cable telecommunications engineering experts.
The system remains in active development. EnerSys targets up to 96% peak power-conversion efficiency, subject to final validation, and plans phased commercial availability in 2027, subject to successful completion of development, validation, qualification and production-readiness activities.
EnerSys (ENS) introduced the Cordex HP 48V-5.0kW rectifier for broadband DC power systems, with phased commercial availability planned.
The rectifier offers up to 97.1% peak conversion efficiency and 15kW per rack unit of power density. EnerSys plans to integrate it with the Cordex CXPS-HX, CXPS-C and CXPS-W systems. Initial commercial availability is planned for approved greenfield applications. Additional configurations and selected installed-base applications depend on system-level validation, certification and commercial-readiness work.
EnerSys (ENS) has completed hardware and software development milestones for its Alpha XM Edge power system for cable broadband networks. The design targets up to 96% peak efficiency, subject to product validation and qualification. Current work includes system integration, validation, production-readiness activities and software planned for the initial commercial release.
EnerSys targets limited availability in spring 2027, followed by broader commercial availability in summer 2027. Those targets depend on completing development, validation, qualification and production-readiness activities.
EnerSys (NYSE: ENS) announced that President and CEO Shawn O’Connell and Executive Vice President and CFO Andrea Funk will join a fireside chat at the Jefferies Renewables, Clean Energy, & Construction Conference on Friday, September 11, at 10:15 a.m. ET. A live webcast and archived replay will be accessible to the public via an online link and through the Events and Presentations page in the Investor Relations section of the EnerSys website.
EnerSys (NYSE: ENS) announced that its Board of Directors approved a 10% increase in the quarterly cash dividend to $0.2875 per share of common stock. The dividend is payable on October 2, 2026, to shareholders of record as of September 18, 2026.
The company linked the higher dividend to confidence in earnings growth, cash generation and its long-term capital allocation framework. EnerSys also noted that its share repurchase authorization had approximately $900 million remaining as of the end of the first quarter.
EnerSys (NYSE: ENS) reported first quarter fiscal 2027 net sales of $935.6 million, up 4.8% year over year and within its $915–$955 million guidance range. Gross margin reached 33.5%, up 510 bps, or 28.5% excluding IRC 45X credits, up 440 bps.
GAAP diluted EPS was $3.09 versus $1.46, while non-GAAP adjusted diluted EPS was $3.66, up 64% and above prior guidance of $2.80–$2.90. Adjusted diluted EPS excluding IRC 45X was $2.41, up 92%; excluding both IRC 45X and a $30.9 million tariff refund, it was $1.78, up 42%.
Free cash flow was an inflow of $217.8 million versus an outflow of $32.1 million, and the net leverage ratio fell to 0.8x. EnerSys returned $59.6 million to shareholders, including $50 million of share repurchases, and the Board approved a 10% dividend increase to $0.2875 per share. For Q2 FY27, the company expects net sales of $955–$995 million and adjusted diluted EPS of $3.15–$3.25, or $1.95–$2.05 excluding IRC 45X benefits.
EnerSys (NYSE: ENS) announced a refined plan for its planned U.S. lithium cell manufacturing facility in Greenville, South Carolina, focusing the plant on lithium cells for aerospace, defense and specialized industrial uses where a secure U.S.-based supply chain is required. The facility is intended to provide FEOC-compliant lithium-ion cells to support U.S. defense requirements and strengthen domestic supply resilience.
According to EnerSys, the U.S. Department of Energy has awarded a revised grant of approximately $150 million, subject to final documentation and customary conditions. The company currently estimates a total net investment of about $500 million, supported by federal, state and local funding plus operating cash flow. South Carolina and Greenville County have approved an incentive package valued at roughly $200 million. The facility is expected to have initial capacity of about 1 GWh, with construction targeted to begin in the first half of fiscal 2028 and full production anticipated around three years after construction starts. The EnerSys board has formally approved the investment, and the company plans to transition away from its technology relationship with Verkor, instead leveraging an established aerospace and defense technology partnership.