Ensurge Micropower Enters Multi-Year Development Agreement with Leading Wearables Company

Ensurge Micropower ASA, a Norwegian company developing solid-state microbatteries, has entered into a multi-year development agreement with a leading global technology company. This partnership aims to create a custom solid-state microbattery for high-volume production, targeting applications that require ultra-compact form factors, high energy density, safety, and long-term reliability.

Under the terms of the agreement, Ensurge will develop a microbattery through a structured, phased program. The process begins with a proof-of-concept phase, followed by engineering validation, design validation, and process validation. Each phase is defined by milestone-based deliverables, with funding provided by the customer upon the satisfactory achievement of these milestones. The final phase will involve negotiations for a supply agreement, contingent on the successful completion of the development milestones.

The agreement is Ensurge's second active development deal, following its existing Joint Development Agreement with Corning Incorporated. This partnership underscores the growing commercial momentum of Ensurge's solid-state microbattery platform. McIntyre noted that the company has reported a pipeline of over 125 inbound leads and is in active discussions with over a dozen top-tier potential customers across multiple applications.

Ensurge Micropower ASA is headquartered in Oslo, Norway, with operations in San Jose, California. The company's technology leverages proprietary thin-film deposition processes to create high energy density, small form factor, and long-cycle life batteries suitable for space- and power-constrained applications. The unique solid-state microbattery being developed is designed to meet the application's demanding requirements for ultra-compact form factor, high energy density, safety, and long-term reliability, enabling the customer's next-generation devices.

Ensurge has reported a pipeline of over 125 inbound leads and is in active discussions with over a dozen top-tier potential customers across multiple applications. The company's technology is designed to address the growing demand for compact, high-performance batteries in the wearable, medical, and connected device markets. The partnership with the global technology leader is expected to accelerate the commercialization of Ensurge's innovative microbattery technology.

The agreement establishes a structured, phased development program that begins with proof-of-concept and advances through engineering validation, design validation, and process validation, ahead of qualification for mass production. Each phase is defined by milestone-based deliverables and funded by the customer upon satisfactory achievement of the milestones. The parties intend to negotiate a supply agreement during the course of the final phase, contingent on successful completion of the development milestones.

Ensurge Micropower ASA is developing solid-state microbatteries designed for next-generation wearable, medical, and connected devices. Leveraging proprietary thin-film deposition processes, Ensurge's technology enables high energy density, small form factor, and long-cycle life batteries suited for space- and power-constrained applications. The Company is headquartered in Oslo, Norway, with operations in San Jose, California, and is listed on Euronext Oslo Børs under the ticker ENSU.