Ultralife Corporation

Ultralife Corporation
Company typePublic
NasdaqULBI
Russell Microcap Index component
IndustryIndustrial Electrical Equipment
Founded1991; 33 years ago (1991)
Headquarters,
United States
Key people
Michael D. Popielec (president & CEO, director)
Philip A. Fain (CFO & treasurer, corporate secretary)[1]
ProductsBattery & Energy, Communication Systems
Revenue$ 85.5M (Dec 31, 2017)[2]
Number of employees
580 (Dec 31, 2018)[3]
Websiteultralifecorporation.com

Ultralife Corporation designs and manufactures batteries and communications systems worldwide.[4] Ultralife serves government and defense, medical, safety and security, energy, robotics and other customers across the globe through the design and development of a range of products. Founded in 1991 when launched as an Initial Public Offering (IPO) evolving from Kodak’s Ultra Technologies battery division, and headquartered in Newark, New York,[5] the Company’s business segments include battery and energy products and communications systems.

Products

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Battery and energy products

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This segment manufactures and markets Lithium Manganese Dioxide (Li-MnO2), Lithium Manganese Dioxide Carbon Monofluoride (Li-CFx/MnO2) hybrid and Lithium Thionyl Chloride (Li-SOCl2) non-rechargeable batteries including 9-volt, HiRate cylindrical, ThinCell, and others. Applications for its 9-volt batteries include smoke alarms, wireless security systems, and intensive care monitors. Its HiRate and ThinCell Lithium non-rechargeable batteries are sold primarily to the military and to OEMs in industrial markets for use in radios, emergency radio beacons, search and rescue transponders, pipeline inspection gauges, portable medical devices and other instruments and applications. Military applications for its non-rechargeable HiRate batteries include manpack and survival radios, night vision devices, targeting devices, chemical agent monitors, and thermal imaging equipment. [6]

Communications systems

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Under McDowell Research and AMTI brands, this segment designs and manufactures a line of communications systems and accessories for the military.[7] All systems are packaged to meet customer needs in rugged enclosures to allow for their use in extreme environments. The segment markets these products to all permitted branches of the U.S. military and foreign defense organizations, as well as U.S. and international defense contractors.

References

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  1. ^ "Philip A. Fain".
  2. ^ "Company Key Statistics".
  3. ^ "Ultralife Corporation Company Profile".
  4. ^ "Business Summary".
  5. ^ "Company History".
  6. ^ "Battery and Energy Products".
  7. ^ "Company Full Description". Reuters.[dead link]