Ensurge Micropower ASA - Company Profile
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Ensurge Micropower ASA (Ensurge), formerly Thin Film Electronics ASA, is a developer of energy storage solutions for connected sensors and wearable devices. The company manufactures Microbattery Product Platform (MPP) based solid-state lithium micro batteries. Its solid-state lithium battery (SSLB) technology enables the production of lightweight, and cost-effective rechargeable batteries for diverse applications. The company’s products find application in the manufacturing of hearables, wearables, and connected sensors. Ensurge provides engineering and support services to strategic customers and partners. The company operates in the US, Singapore, Japan, Hong Kong, and Norway through its subsidiaries. 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
35
Industry
Technology and Communications
Ticker Symbol & Exchange
ENSU (OSL)
Revenue (2023)
$138,000
EPS
XYZ
Net Income (2023)
XYZ
27.7%
(2023 vs 2022)
Market Cap*
$65.8M
Net Profit Margin (2023)
XYZ
-9.5%
(2023 vs 2022)
* As of and is in US$
Ensurge Micropower ASA premium industry data and analytics
Products and Services
| Products | Brands |
|---|---|
| Microbattery Product Platform | Ensurge |
| Solid-state Micro Batteries |
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 | BrightVolt Inc | Cymbet Corp | I-Ten SA |
|---|---|---|---|---|---|
| Headquarters | Norway | United States of America | United States of America | United States of America | France |
| City | Oslo | Louisville | Redmond | New Brighton | Lyon |
| State/Province | - | Colorado | Washington | Minnesota | Auvergne |
| No. of Employees | 35 | 270 | - | - | - |
| Entity Type | Public | Public | Private | Private | Private |
Key Financial Charts
Sales Growth
Net Income Growth
Executives
| Name | Position | Board | Since | Age |
|---|---|---|---|---|
| Terje Rogne | Chairman | Executive Board | - | - |
| Tarun Anand | Acting Chief Financial Officer | Senior Management | 2022 | - |
| Lars Eikeland | Chief Executive Officer; Chief Financial Officer | Senior Management | - | - |
| Arvind Kamath | Executive Vice President - Technology Development | Senior Management | 2014 | - |
| Jay Tu | Vice President - Operations | Senior Management | 2021 | - |
| Non Dignissim Eros | Proin vel | Convallis | 2024 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2024 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2024 | XY |
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