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
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Sectors
Industrial Goods & Manufacturing
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Phone
*********
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Website
*********
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Social
*********
- Legal Name Ultralife Corporation
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Annual Revenue
$164.46 M3.66as on Dec 31, 2024
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Net Profit
$6.31 M-12.3as on Dec 31, 2024
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EBITDA
$14.12 M5.5as on Dec 31, 2024
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Latest Funding Round
$3 M (USD), Grant
May 04, 2010
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Investors
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Employee Count
671
as on Dec 31, 2024
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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.
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.
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.
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Funding Insights of Ultralife Corporation
- Total Funding Total Funding
- Total Rounds 1
- Last Round Grant — $3.0M
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First Round
First Round
(04 May 2010)
- Investors Count Investors Count
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| May, 2010 | Amount | Grant - Ultralife Corporation | Valuation |
investors |
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| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| 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.
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Custom batteries are manufactured for portable industrial devices.
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2009 | ||||
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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.
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1985 | ||||
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Manufacturer of lithium battery cells
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1979 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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OVO is recognized as a smart digital payment application.
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2017 | ||||
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Bionic investment advisor platform
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 |
Financial Statements - Ultralife Corporation
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Ultralife Corporation Comparisons
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.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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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.