Q1 2025 Ensurge Micropower ASA Earnings Call Transcript
Welcome to this Q1 presentation of Ensurge Micropower. Today, we have with us Chairman of the Board, Terje Rogne, and we have with us CEO, Lars Eikeland. Thank you.
Okay. Welcome to this company update. This is actually the first quarterly company presentation. And it marks a new era for this company after six very heavy, tough ruling R&D efforts, strong testing period, moving very sturdy towards where we are and having spent some $400 million financed through equity by our shareholders and we notice to that. Not a single penny from public funding, different to most other battery technology adventures. We are now ready to bring our technology to customers to the market.
So, starting -- bringing you back to February 2024. That was the first time we managed to have a well-functioning battery cell. Since that time, as I said, it's been a very disciplined progress towards April of this year, when we were able to stack encapsulate cycle up to a reasonable number of charging cycle, a battery
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