Ultralife Corporation
Public | |
Traded as | NASDAQ: ULBI |
Industry | Industrial Electrical Equipment |
Founded | 1991 |
Headquarters | Newark, New York, United States |
Key people |
Michael D. Popielec (President & CEO, Director) Philip A. Fain(Chief Financial Officer & Treasurer, Corporate Secretary)(Dec 31, 2017)[1] |
Products | Battery & Energy, Communication Systems |
Revenue | $ 85.5M (Dec 31, 2017)[2] |
Number of employees | 570 (Mar 31, 2018) |
Website |
ultralifecorporation |
Ultralife Corporation (NASDAQ: ULBI) designs and manufactures power solutions and communications systems worldwide.[3] 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 and headquartered in Newark, New York,[4] the Company’s business segments include battery and energy products and communications systems.
Products
Battery and energy products
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. Lithium Thionyl Chloride batteries, sold under the ABLE and Ultralife brands as well as a private label brand, are used in utility meters, wireless security devices, electronic meters, automotive electronics, and geothermal devices. The chemistry of lithium batteries provides significant advantages over other currently available non-rechargeable battery technologies. These advantages include higher energy density, lighter weight, longer operating time, longer shelf life, and a wider operating temperature range.[5]
Communications systems
Under McDowell Research and AMTI brands, this segment designs and manufactures a line of communications systems and accessories for the military.[6] 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.