Ensurge Micropower ASA
0JI9.L
London Stock Exchange0.68
NOK
+0.03
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Ensurge Micropower ASA
0JI9.L
(London Stock Exchange)
Recent
price
0.68
P/E
ratio
- -
div
yld
- -
ROIC.AI
Capital Structure
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in mil. unless spec.- Similar Companies
- Business
- Ensurge Micropower ASA develops, manufactures, and commercializes ultrathin, flexible solid-state lithium microbatteries for wearable devices, connected sensors, hearables, medical and health wearables, sports and fitness devices, IoT solutions, and defense applications; its core Micro Power Platform (MPP) technology enables anode-less solid-state lithium chemistry on 10-micron and 75-micron stainless steel substrates or ceramic alternatives, producing rechargeable batteries in 1-100 mAh capacities with high volumetric energy density, fast charging, extended cycle life, and compatibility with roll-to-roll production and surface mount technology; products include 11-layer, 28-layer, and 43-layer battery variants tailored for form-factor-constrained AI-enabled edge devices. Ensurge Micropower ASA operates a state-of-the-art flexible electronics pilot manufacturing facility in San Jose, California, with global R&D and corporate headquarters in Oslo, Norway; founded in 2005 as Thin Film Electronics ASA and renamed in June 2021, the company targets consumer, medical, industrial, and defense markets across the United States, Europe, and Asia. Recent developments include the appointment of Shauna McIntyre as CEO in September 2025 and a new Board of Directors led by Chairman Alex Munch-Thore in August 2025; in November 2025, Ensurge signed a Joint Development Agreement and Investment Agreement with Corning Incorporated to integrate Ribbon Ceramic substrates for ultra-high performance microbatteries, with Corning providing on-site resources convertible up to USD 5 million in shares and warrants for up to USD 10 million; the company shipped battery prototypes fulfilling evaluation agreements in October 2025, achieved 90% stacking yield on 11- and 28-layer batteries, improved roll-to-roll manufacturing throughput, and completed private placements raising NOK 60 million in April 2025 and NOK 50 million in July 2025, alongside a contemplated NOK 35-50 million placement in January 2025 and prospectus approval for subscription in December 2025.