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Is Ensurge the future solid state battery?

H
May 6, 2025 · 13:56

Hey r/Investing,

I’ve been digging into Ensurge Micropower (OSE: ENSU) and here’s the quick scoop: • Current price: NOK 1.30 (~USD 0.12) per share • Potential price: USD 5–10 (≈40×–80× upside)

What they do: – 48-layer solid-state microcells (~1 cm³, ≈0.75 Wh) – Up to 750 Wh/L vs. ≈300 Wh/L in Li-Po – >1 000 cycles, no liquid electrolyte (far safer) – Roll-to-roll plant in San Jose running 24/7

Why it matters: 1. Wearables & MedTech: 3–4× battery life in smart-watches, earbuds & medical sensors. 2. IoT & Edge: Longer maintenance-free deployments. 3. Drones & Robotics: Every gram saved = more payload or flight time. 4. Licensing model: 10 % of product revenues, 50 % margins.

They’ve already delivered pilots to top med-tech and consumer-electronics players, won a DOE grant, and are scaling production in Silicon Valley.

Key risk: Can they scale at a competitive cost? If yes, this is a classic asymmetric bet with huge upside and limited downside (0.12 → 5/10 USD, ~40×–80×).

I’m at ~2 M shares—curious if anyone else is watching ENSU? Thoughts?

No advice ofc.