Ensurge Micropower (OTCMKTS:ENMPY) Stock Soars 34%: Here is Why
Yesterday, Leading provider of solid-state lithium micro batteries, Ensurge Micropower (OTCMKTS:ENMPY) announced on producing packaged lithium solid-state micro batteries with improved manufacturing flow and high performance.
Ensurge starts manufacturing scale-up and commercialization of the world’s first high energy density rechargeable solid-state microbatteries
The company, which makes the batteries for the new generation of hearables, wearables, and IoT devices, has commenced production of sample volumes of
high-capacity multi-layer solid-state lithium microbatteries. This is done using a unique architecture based on a 10-micron stainless steel substrate. These milestones are a significant step in bringing the firm’s products into volume production, which is projected for second half of the year.
Mark Newman, Ensurge Chief Executive Officer said that the two milestones are significant for the company as it prepares to scale production for the market-changing solid-state lithium microbatteries. The CEO added that the batteries will revolutionize the way the products are designed for enhanced performance. The CEO added that both operations and technical teams have done a tremendous job in making progress in the last 6 months for realizing the firsthigh-energy density microbatteries with capacities in the 1 to 100 milliampere-hour range.
Ensurgemicrobatteries support higher discharge pulses of about 5C, enabling support for wireless communication chipsets. Furthermore, the capacity to be assembled using the standard Surface Mount Technology process lowers manufacturing costs.
