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Ultralife Corporation (ULBI)

NasdaqGM - NasdaqGM Delayed Price. Currency in USD
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8.01-0.05 (-0.62%)
As of 9:50AM EDT. Market open.

Ultralife Corporation

2000 Technology Parkway
Newark, NY 14513
United States
315 332 7100
http://www.ultralifecorporation.com

Sector(s)Industrials
IndustryElectrical Equipment & Parts
Full Time Employees532

Key Executives

NameTitlePayExercisedYear Born
Mr. Michael D. PopielecCEO, Pres & Director625.47kN/A1962
Mr. Philip A. FainCFO, Treasurer & Corp. Sec.382.67kN/A1955
Mr. James J. RasmussenPres of Communication SystemN/AN/AN/A
Mr. Michael E. MannaPres of Battery & Energy ProductsN/AN/AN/A
Amounts are as of December 31, 2020 and compensation values are for the last fiscal year ending on that date. Pay is salary, bonuses, etc. Exercised is the value of options exercised during the fiscal year. Currency in USD.

Description

Ultralife Corporation, together with its subsidiaries, designs, manufactures, installs, and maintains power, and communication and electronics systems worldwide. The company serves government, defense, and commercial sectors. The company operates in two segments, Battery & Energy Products and Communications Systems. The Battery & Energy Products segment offers lithium 9-volt, cylindrical, thin lithium manganese dioxide, rechargeable, and other non-rechargeable batteries; lithium-ion cells, multi-kilowatt module lithium ion battery systems, and uninterruptable power supplies; and rugged military and commercial battery charging systems and accessories, including smart chargers, multi-bay charging systems, and various cables. The Communications Systems segment provides communications systems and accessories to support military communications systems, such as radio frequency amplifiers, power supplies and cables, connector assemblies, amplified speakers, equipment mounts, case equipment, man-portable systems, and integrated communication systems for fixed or vehicle applications comprising vehicle adapters, vehicle installed power enhanced rifleman appliqué systems, and SATCOM systems. This segment's military communications systems and accessories are designed to enhance and extend the operation of communications equipment, such as vehicle-mounted, manpack, and handheld transceivers. It sells its products under the Ultralife, Lithium Power, McDowell Research, AMTI, ABLE, ACCUTRONICS, ACCUPRO, ENTELLION, SWE Southwest Electronic Energy Group, SWE DRILL-DATA, and SWE SEASAFE brands through original equipment manufacturers, and industrial and defense supply distributors, as well as directly to the United States and international defense departments. In addition, the company sells its 9-volt battery to the broader consumer market through national and regional retail chains and online retailers. The company was founded in 1990 and is headquartered in Newark, New York.

Corporate Governance

Ultralife Corporation’s ISS Governance QualityScore as of July 1, 2021 is 6. The pillar scores are Audit: 1; Board: 8; Shareholder Rights: 3; Compensation: 4.

Corporate governance scores courtesy of Institutional Shareholder Services (ISS). Scores indicate decile rank relative to index or region. A decile score of 1 indicates lower governance risk, while a 10 indicates higher governance risk.