Q2 2022 Ensurge Micropower ASA Earnings Call Transcript
Welcome to Ensurge Micropower's half-yearly 2022 preliminary report. I'm Kevin Barber, Ensurge's CEO. We remain very focused on delivering the world's first milliamp-hour solid-state lithium microbattery. We're focused on delivering the benefits that include higher energy density, twice that of lithium ion; leveraging our ultra-thin stainless steel; as well as customizable form factors that meet the customers' needs in wearable and hearable applications.
The core benefits of solid-state chemistry over liquid electric lights and lithium-ion batteries is that they charge faster, three times faster, important for many of these consumer applications. They have faster pulse discharges, which are very beneficial when using RF communication. And they've been demonstrated to have longer life cycles than lithium-ion batteries. And all of these benefits and battery performance attributes, we're bringing to a 1 billion-unit market opportunity made up of both hearables, a wide variety of wearables, and industrial IoT of connected sensors. All huge market segments,
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