Management and Ownership
ABSL Power Solutions Ltd. was recently purchased by EnerSys (NYSE: ENS), the global leader in stored energy solutions for industrial applications.
EnerSys believes that lithium batteries will be a significant growth engine in the coming years, complementing the growth of its existing business in lead and nickel based batteries.
Space and terrestrial batteries, together with an expanding range of space instrumentation products manufactured by ABSL are valued as a diversified, specialist product mix supplied by the company into space and defence markets around the world.
With annual revenues in excess of $30 million, ABSL has, for example, supplied batteries for over 70 space satellite systems along with instrumentation system products for various space missions.
ABSL has operations in Longmont, Colorado and Culham, England.
EnerSys, the world leader in stored energy solutions for industrial applications, manufactures and distributes reserve power and motive power batteries, chargers, power equipment, and battery accessories to customers worldwide.
Motive power batteries are utilized in electric forklift trucks and other commercial electric powered vehicles. Reserve power batteries are used in the telecommunication and utility industries, uninterruptible power supplies, and numerous applications requiring stored energy solutions including aerospace and defence systems.
The company also provides aftermarket and customer support services to its customers from over 100 countries through its sales and manufacturing locations around the world.