Ensurge Micropower ASA – Commercial update: Negotiations progressing with leading global sensor technology company

26 Mar 2026 07:00 CET

Ensurge Micropower ASA ("Ensurge" or the "Company") announces that negotiations
are progressing regarding a multi-year, multi-phase paid development program
with a leading global sensor technology company.

The potential customer has identified Ensurge's solid-state microbattery
platform as a possible core component of its technology development strategy. If
finalized, the program would represent a significant commercial milestone for
Ensurge and lay the foundation for a long-term, revenue-generating partnership.

This development would be directly aligned with the strategic shift Ensurge
announced in February 2026, in which the Company transitioned to a product-led
operating model focused on platform validation and customer-driven development.
The potential agreement reflects precisely the type of structured, multi-year
customer engagement Ensurge has been working toward.
As outlined in Ensurge's Q4 2025 report, the Company's near-term priority is to
convert evaluation agreements into revenue-generating development contracts.
This program would represent a significant step in that direction. The Company
will provide further updates in due course.

For further information, please contact: ir@ensurge.com

About Ensurge Micropower ASA
Ensurge Micropower develops ultra-thin, flexible solid-state lithium
microbatteries that enable next-generation electronic devices. The company's
proprietary platform is designed to deliver safe, high-performance energy
storage in space-constrained applications across medical devices, hearables,
wearables, industrial systems, and defense. Ensurge Micropower ASA is listed on
the Oslo Stock Exchange under the ticker ENSU.

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