Ensurge Engaged with Multiple Strategic Partners - Interfacial engineering breakthroughs address key issues enabling samples

SAN JOSE, Calif., August 11, 2022 – Ensurge Micropower (OSE: ENSU, and OTCIQ: ENMPY), a leading provider of solid-state lithium microbatteries for a new generation of wearables and IoT devices, today announced it is engaged with multiple large multinational corporations as strategic partners and is actively working on providing the Ensurge microbattery unit cells to these partners for their evaluation.

“We are excited to begin working with strategic partners to further expand the potential of our technology for transforming the billion-unit wearables, hearables and connected sensors market,” said Kevin Barber, Ensurge Chief Executive Officer. Company expects to explore a range of possible strategic options with the partners including but not limited to licensing of the Ensurge technology, potential joint ventures, and equity investments.  

Companies interested in strategic partnerships include large multinational corporations with market-leading products including consumer devices, electronic components and batteries. Ensurge expects the partnership discussions to proceed further once the partners have completed their evaluation of Ensurge’s microbattery unit cells. The Ensurge unit cell is the core microbattery building block.  It consists of cathode and electrolyte deposited on an ultrathin steel substrate using an established anode-less solid-state lithium chemistry. We expect shipment of these unit cells within weeks.

“Ensurge has achieved low impedance in anode-less all solid-state unit cells using LiPON as the electrolyte, something that the battery field has only conceptually demonstrated but not at the practical scale,” said Shirley Meng, Ph.D., a leading battery expert, member of Ensurge’s technical advisory board, professor at the Pritzker School of Molecular Engineering at the University of Chicago. “This is exciting as Ensurge is well-positioned to bring the solid-state lithium chemistry to the IoT (1-100 mAh) market. Ensurge has also shown that this excellent performance can be achieved using a streamlined, roll-to-roll manufacturing process that does not require stringent environmental controls such as dry room conditions.”