Ensurge Micropower ASA enters into multi-year development agreement with leading wearables company
Norway, Oct. 21 -- Ensurge Micropower ASA announced that it has entered into a multi-year, multi-phase, paid development agreement with a leading global technology company (the "Customer") for the design, development, and delivery of a customized solid-state microbattery, with the intention of progressing to high-volume manufacturing upon successful completion of the development program.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 milestone...
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