Ensurge Micropower ASA - Company Profile
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Ensurge Micropower ASA (Ensurge) is engaged in the development, manufacturing, and sales of solid-state micro batteries. The company's major products are Micro battery Product Platform (MPP) based solid-state lithium micro batteries for wearable devices, connected sensors, and other applications. The company offers its products under the Ensurge brand name. Its solid-state lithium battery (SSLB) technology enables the manufacture of lightweight, cost-effective rechargeable batteries for a wide range of applications. The company's products serve customers across various industries, including healthcare, wearables, and connectivity, providing solutions for smart infrastructure and IoT applications. It also offers engineering and support services to strategic customers and partners. Ensurge collaborates with ecosystem and commercial partners to enhance its product offerings. The company has a presence in the US and Norway. Ensurge is headquartered in Oslo, Norway.
Headquarters
Norway
Address
House of Business, Fridtjof Nansens Plass 4, Oslo, 0160
Website
ensurge.com
Telephone
47 2 2424500
No of Employees
41
Industry
Technology and Communications
Ticker Symbol & Exchange
ENSU (OSL)
Revenue (2024)
$25,000
-59%
(2024 vs 2023)
EPS
XYZ
Net Income (2024)
XYZ
16.4%
(2024 vs 2023)
Market Cap*
$65.0M
Net Profit Margin (2024)
XYZ
-103.9%
(2024 vs 2023)
* As of and is in US$
Ensurge Micropower ASA premium industry data and analytics
Products and Services
| Products | Services | Brands |
|---|---|---|
| Hearables | Engineering Services | : |
| Sports and Fitness Wearables | Support Services | Ensurge |
| Home and Industrial Connected Devices | ||
| XYZ | ||
| XYZ | ||
| XYZ |
History
History section provides information on new products, mergers, acquisitions, expansions, approvals, and many more key events.
| Year | Event | Description |
|---|---|---|
| 2023 | Contracts/Agreements | In October, the company entered into an agreement with micro battery technology to enter volume production by the end of the year. |
| 2023 | Contracts/Agreements | In May, the company signed an agreement with a new strategic partner to provide this partner company with solid-state lithium microbatteries. |
| 2022 | Others | In October, the company shipped Ensurge microbattery unit-cell samples to a strategic partner. |
Competitor Comparison
| Key Parameters | Ensurge Micropower ASA | Solid Power Inc | Invinity Energy Systems Plc | Byotrol Ltd | Ilika Plc |
|---|---|---|---|---|---|
| Headquarters | Norway | United States of America | United Kingdom | United Kingdom | United Kingdom |
| City | Oslo | Louisville | London | Chester | Romsey |
| State/Province | - | Colorado | England | Cheshire | Hampshire |
| No. of Employees | 41 | 230 | 145 | 24 | 70 |
| Entity Type | Public | Public | Public | Private | Public |
Key Financial Charts
Sales Growth
Net Income Growth
Executives
| Name | Position | Board | Since | Age |
|---|---|---|---|---|
| Shauna McIntyre | Chief Executive Officer; Chief Financial Officer | Senior Management | 2026 | - |
| Matt Catterson | Chief Operating Officer | Senior Management | 2026 | - |
| Asma Sharafi | Chief Technology Officer | Senior Management | 2026 | - |
| Salil Soman | Chief Commercial Officer | Senior Management | 2026 | - |
| Alexander Munch-Thore | Chairman | Non Executive Board | - | - |
| Non Dignissim Eros | Proin vel | Convallis | 2026 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2026 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2026 | XY |
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