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News  ›  GlobeNewswire Inc.

Ensurge Micropower ASA – Joint development and investment agreements with Corning Incorporated to advance solid-state microbattery technology

GlobeNewswire Inc. Logo GlobeNewswire Inc. By Ståle Bjørnstad
Ensurge Micropower ASA – Joint development and investment agreements with Corning Incorporated to advance solid-state microbattery technology

Ensurge Micropower and Corning have entered into joint development and investment agreements to collaborate on advancing ultra-high performance solid-state microbattery technology, with Corning providing materials expertise and potential investments up to USD 15 million.

Insights
NU   neutral

Slowing growth in Brazilian market, rising expenses, and expansion challenges in Mexico and Colombia, despite impressive historical customer and revenue growth


ENMPY   positive

Company is expanding technological capabilities through strategic partnership and securing potential significant investment from a leading materials science company