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Ensurge Micropower ( (ENMPF) ) has issued an update.
Ensurge Micropower has entered into a strategic partnership with Corning Incorporated to develop ultra-high performance solid-state microbatteries. This collaboration combines Corning’s expertise in materials science with Ensurge’s microbattery technology, aiming to enhance product offerings for various high-volume applications. The agreement includes an investment component, allowing Corning to convert service costs into shares and potentially invest further through warrants, positioning Ensurge for improved scalability and long-term growth.
More about Ensurge Micropower
Ensurge Micropower is a company that specializes in advanced microbattery technology, focusing on delivering high-performance and safe power solutions for AI-enabled devices. Based in San Jose, California, Ensurge is known for its pioneering work in thin-film batteries produced through high-precision roll-to-roll processes, catering to consumer, medical, and industrial markets. The company collaborates with global customers to expedite product launches and is listed on the Oslo Stock Exchange.
YTD Price Performance: 7.31%
Average Trading Volume: 1,329,929
Current Market Cap: NOK995.6M
Learn more about ENMPF stock on TipRanks’ Stock Analysis page.