Ultralife Corporation

Rochester, United States Founded: 1990 • Age: 36 yrs
Charging products are manufactured by Ultralife Corporation for power applications.

About Ultralife Corporation

Ultralife Corporation is a company based in Rochester (United States) founded in 1990. It operates as a Direct-to-Consumer (D2C), and Professional Services. The company has 671 employees as of December 31, 2024. Ultralife Corporation has completed 4 acquisitions, including Accutronics, Electrochem Solutions and Excell Battery. Ultralife Corporation offers products and services including Conformal Wearable Battery, Thin Cells®, X5 Power System, and 20W Amplifier.

  • Headquarter Rochester, United States
  • Employees 671 as on 31 Dec, 2024
  • Stage Public
  • Sectors
    Industrial Goods & Manufacturing
  • Phone
    *********
  • Website
    *********
  • Social
    *********
  • Legal Name Ultralife Corporation
Operational Areas
Industrial Goods & Manufacturing → Contract & Custom Manufacturing
Key Metrics
  • Annual Revenue
    $164.46 M
    3.66
    as on Dec 31, 2024
  • Net Profit
    $6.31 M
    -12.3
    as on Dec 31, 2024
  • EBITDA
    $14.12 M
    5.5
    as on Dec 31, 2024
  • Latest Funding Round
    $3 M (USD), Grant

    May 04, 2010

  • Investors
  • Employee Count
    671

    as on Dec 31, 2024

  • Investments & Acquisitions
    Accutronics

    & 3 more

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IPO & Listings of Ultralife Corporation

Ultralife Corporation is a publicly listed company on the NASDAQ with ticker symbol ULBI in USA, operating in the Producer manufacturing sector. As a publicly traded entity, the company provides investors with opportunities to participate in its growth story through equity ownership. The listing enables access to capital markets, enhances corporate visibility, and provides liquidity for shareholders while maintaining transparency through regulatory compliance and regular financial disclosures.

Exchange: NASDAQ · Ticker: ULBI . Sector: Producer manufacturing · USA

Products & Services of Ultralife Corporation

Ultralife Corporation offers a comprehensive portfolio of products and services, including Conformal Wearable Battery, Thin Cells®, X5 Power System, and 20W Amplifier. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.

Primary

Lightweight wearable battery is designed for rugged use.

Thin non-rechargeable cells are made for custom sizes.

Power system is built for medical and warehouse carts.

Compact RF amplifier is optimized for low power radios.

People of Ultralife Corporation
Headcount 500-1000
Employee Profiles 9
Board Members and Advisors 1
Employee Profiles
People
Paul David Fisher
Senior Accountant
People
James J. Rasmussen Jr
President, Communications Systems
People
Philip A. Fain
CFO & Treasurer
People
Michael E. Manna
President & CEO

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Funding Insights of Ultralife Corporation

  • Total Funding
  • Total Rounds 1
  • Last Round Grant — $3.0M
  • First Round

    (04 May 2010)

  • Investors Count
Date Amount Transaction Name Valuation Lead Investors Investors
May, 2010 Amount Grant - Ultralife Corporation Valuation

investors

Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Investments & Acquisitions by Ultralife Corporation

Ultralife Corporation has strategically engaged in corporate development activities, having acquired 4 companies. Notable acquisitions include Accutronics, Electrochem Solutions and Excell Battery. These strategic investments and acquisitions demonstrate the company's commitment to growth through portfolio expansion, market consolidation, technology integration, and strategic partnerships that enhance competitive positioning and drive long-term value creation.

Investments
Company Name Description Domain Location Founded Year Amount
Bionic investment advisor platform
2016
Fine Asian gourmet food is offered by an internet-first restaurant.
2016
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014
Fine Asian gourmet food is offered by an internet-first restaurant.
2016
Acquisitions
Company Name Description Domain Location Founded Year Amount
Custom batteries are manufactured for portable industrial devices.
2009
Custom battery pack solutions provider for critical applications. This company designs, manufactures, and provides lifecycle support for custom battery solutions. Their expertise spans various industries, focusing on applications requiring high reliability and performance in demanding environments. Services include system application engineering, design, manufacturing, and recycling. The company also offers a line of battery monitoring systems and safety circuits. They partner with leading cell suppliers to ensure quality and supply chain stability.
1985
Manufacturer of lithium battery cells
1979
Company Name Description Domain Location Founded Year Amount
OVO is recognized as a smart digital payment application.
2017
Bionic investment advisor platform
2016
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014

Financial Statements - Ultralife Corporation

Tata Steel revenue growth over time
Tata Steel profit and loss trends over time
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Ultralife Corporation Comparisons

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Competitors of Ultralife Corporation

Company Name Domain Founded year HQ Location Description
domain founded_year HQ Location
Multiple services are booked via an app-based platform.
domain founded_year HQ Location
On-demand services are booked through an app-based platform.
domain founded_year HQ Location
App based platform offering on demand delivery and ride-hailing services
domain founded_year HQ Location
Operates an on-demand hyperlocal delivery app for food and groceries.

Latest news on Ultralife Corporation

Frequently Asked Questions about Ultralife Corporation

When was Ultralife Corporation founded?

Ultralife Corporation was founded in 1990 and raised its 1st funding round 20 years after it was founded.

Where is Ultralife Corporation located?

Ultralife Corporation is headquartered in Rochester, United States.

Who is the current CEO of Ultralife Corporation?

Michael Popielec is the current CEO of Ultralife Corporation.

How many employees does Ultralife Corporation have?

As of Dec 31, 2024, the latest employee count at Ultralife Corporation is 671.

What is the annual revenue of Ultralife Corporation?

Annual revenue of Ultralife Corporation is $164.46M as on Dec 31, 2024.

What does Ultralife Corporation do?

Ultralife Corporation is established as a prominent provider of mission-critical battery and RF power solutions. The company is engaged in serving diverse markets including government, defense, medical, safety, security, energy, industrial, and robotics sectors. Solutions are tailored through collaborative efforts with global applications engineering teams to address unique challenges. Operations are supported by centers of excellence in North America, Europe, and Asia, ensuring localized support for global clients. Over 30 years of expertise is reflected in innovative product development across brands like Ultralife, Accutronics, Electrochem, Excell, and SWE.

What products or services does Ultralife Corporation offer?

Ultralife Corporation offers Conformal Wearable Battery, Thin Cells®, X5 Power System, and 20W Amplifier.

Is Ultralife Corporation publicly traded?

Yes, Ultralife Corporation is publicly traded on NASDAQ under the ticker symbol ULBI.

How many acquisitions has Ultralife Corporation made?

Ultralife Corporation has made 4 acquisitions, including Accutronics, Electrochem Solutions, and Excell Battery.

What is Ultralife Corporation's ticker symbol?

The ticker symbol of Ultralife Corporation is ULBI on NASDAQ.

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