What VITZRO CELL does

VITZRO CELL Co., Ltd. is a South Korean publicly-listed (KOSDAQ: 082920) battery manufacturer founded in 1987, headquartered in Dangjin-si, Chungcheongnam-do with a Seoul sales office and a U.S. subsidiary (VITZRO CELL USA Inc., acquired 2012). The company specializes in lithium-based portable power solutions across eight product lines: Li/SOCl₂ primary lithium batteries, high-temperature batteries (NEP-certified for drilling and pipeline inspection), EDLC supercapacitors, military batteries (packs, ampoule batteries, thermal batteries), thin-film batteries, lithium-ion secondary batteries, lithium materials, and lithium-ion capacitors. Its core technology differentiator is long-duration, extreme-environment cell design — operating temperature range of -55°C to 85°C, 10+ year shelf life, and defense-grade reliability — enabled by proprietary primary-lithium chemistry refined since 1987.

VITZRO CELL operates across six vertical end-markets: Smart City / Smart Grid (its largest commercial segment, with top market share in North America and European smart meter batteries), National Defense & Security (artillery fuze ampoule batteries, military packs, thermal batteries for smart weapons), Oil & Gas (high-temperature cells), IoT, Medical/Beauty Care (thin-film batteries for AEDs, insulin pumps, cosmetic microcurrent patches), and Renewables (EDLC energy storage). Products are exported to over 50 countries. The company maintains a defense industry corporate designation (since 1993) and an extensive certification portfolio (ISO 9001/14001/45001/37001, IATF 16949, ATEX, KDS 0050-9000-5, UL, BIS, CCC) that functions as a regulatory moat.

Revenue is generated through direct B2B enterprise sales and multi-year negotiated defense contracts. Named large customers include Bharat Electronics Limited (BEL) in India — 20.5 billion KRW contract signed May 23, 2025 for ampoule batteries, with deliveries through October 2027 — and Sensus in smart metering. In September 2025, VITZRO CELL acquired Innova Power Solutions Inc. to broaden its power-solutions portfolio. FY2025 revenue was approximately 168.4 billion KRW (~24% YoY growth from 143B KRW in 2024), with Q1 2026 revenue of 68.2 billion KRW (+26.6% YoY) and headcount of 430 as of December 31, 2025.

Name

VITZRO CELL

Legal name

VITZRO CELL Co., Ltd.

Website

https://vitzrocell.com

Company type

Public

Founded year

1987

Operating status

Operating

Headcount range

101–250 employees

Short description

VITZRO CELL is a South Korean KOSDAQ-listed battery manufacturer specializing in lithium primary, high-temperature, military, EDLC, thin-film, and lithium-ion batteries, serving smart metering, defense, oil & gas, IoT, medical, and renewable-energy customers in 50+ countries.

Ownership category

akta.pro rank

Product category

Industrial Battery Manufacturing

NAICS

Battery Manufacturing (33591), Electrical Equipment Manufacturing (3353)

SIC

Electronic & Other Electrical Equipment (No Computer Equip) (3600), Electronic Components & Accessories (3670)

akta.pro primary industry

Battery Cells (Li-ion, LFP, Sodium-ion, Lead-acid, NiMH) (IMAGAHAA)

akta.pro secondary industries

Battery Modules & Packs (Industrial/Commercial pack assembly) (IMAGAHAB), Battery Pack Manufacturing & Module Assembly (EUAFABAI)

Keywords

• Lithium battery manufacturing
• Primary lithium cells
• Military battery systems
• EDLC supercapacitors
• Industrial energy storage

Headquarters

HQ city

Neungdong

HQ country

South Korea

HQ region

Asia

Offices3 records

Markets served

GTM type

B2B

Offering type

Hardware or Manufacturing

Cost components

Supply Chain, Operations, Technology or R&D, Personnel, Marketing or Sales, Infrastructure

Revenue model

1. Battery Product Sales: Revenue from selling various types of batteries including lithium primary batteries, high temperature batteries, military batteries, EDLC super capacitors, thin film batteries, and lithium ion batteries to customers across multiple industry segments.
2. Defense/Military Battery Contracts: Large-scale contracts with defense agencies and defense contractors for specialized military batteries including ampoule batteries for artillery fuzes. Contract with BEL valued at approximately 20.5 billion won.

Pricing tiers

Go-to-market motion1 record

Distribution channels3 records

Marketing channels1 record

Core offering

VITZRO CELL manufactures and sells primary and secondary lithium batteries, high-temperature batteries, military-grade batteries, EDLC supercapacitors, thin-film batteries, lithium-ion batteries, lithium-ion capacitors, and lithium cell materials. Offerings are engineered for long-life, harsh-environment industrial, defense, smart-city, oil & gas, IoT, renewables, and medical/beauty applications and are sold as finished cells and capacitor products to enterprise and government buyers.

Product overview

VITZRO CELL is a world-class portable power solution provider specializing in primary and secondary lithium batteries. The product portfolio includes eight core product lines: Lithium Primary Batteries (bobbin and wound types including Li/MnO₂ variants) for smart meters and industrial applications; High Temperature Batteries designed for extreme environments up to 180°C; EDLC Super Capacitors for energy storage; Military Batteries including packs, ampoule batteries, and thermal batteries for defense systems; Thin Film Batteries for medical and cosmetics applications; Lithium Ion Batteries as rechargeable solutions; Lithium Materials for secondary battery production; and Lithium Ion Capacitors as hybrid energy storage. The company operates across Smart City, Military & Security, Oil & Gas, IoT, Medical/Cosmetics, and Renewable Energy market segments.

Differentiator

Problem solved

Functional benefit

Products and services

• Primary Lithium Batteries Single-use lithium cells designed for long shelf life and reliable power in metering, defense, and industrial applications where frequent replacement is impractical.
• Secondary Lithium Batteries (Lithium-Ion) Rechargeable lithium-ion cells for industrial, IoT, medical, and consumer-device applications requiring repeated cycling and stable performance.
• High-Temperature Batteries Lithium cells engineered to operate at elevated temperatures, used in downhole oil & gas tools, industrial sensors, and other high-heat environments.
• Military Batteries Lithium cells qualified to military specifications for defense electronics, weapons systems, avionics, and soldier-portable equipment with long shelf life and harsh-environment reliability.
• EDLC Supercapacitors Electric double-layer capacitor cells providing high-power, long-cycle energy storage for backup power, renewable systems, and industrial applications.
• Thin-Film Batteries Compact thin-film lithium cells for miniaturized electronics, IoT devices, and applications requiring very small form factors.
• Lithium-Ion Capacitors (LIC) Hybrid lithium-ion capacitor cells that combine features of lithium-ion batteries and supercapacitors, used in applications needing higher energy density than EDLCs with long cycle life.
• Lithium Cell Materials Raw and processed lithium materials used in cell manufacturing, sold to support battery production and vertical integration of the cell supply chain.

Quantifiable outcome

• 20%+ average annual revenue growth from 2022 through 2025
• +2 more outcomes

Named customers3 records

Segments6 records

Ideal customer profiles5 records

Technology focussed Yes

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature5 records

Partnerships

Two partnerships are on record, tiered core.

• Innova Power Solutions Inc.coreTechnology or Integration · 1 October 2025Vitzrocell completed acquisition of Innova Power Solutions Inc. in 2025, strengthening its power solutions capabilities and expanding the portfolio through this strategic acquisition.
• Bharat Electronics Limited (BEL)coreStrategic or Co-development Partner · 23 May 2025Major defense contract signed May 23 for supply of medium-sized ampoule batteries for electronic artillery fuzes. Contract valued at approximately 20.5 billion KRW with deliveries through October 2027. This follows earlier contracts worth 8.4 billion won in May last year and 7.5 billion won in January.

Scale indicators8 records

Recent moves9 records

Expansion highlights6 records

Direct peers

• Saft (TotalEnergies): Direct peer and global leader in primary lithium batteries (Li/SOCl2), lithium-ion, and specialty defense batteries. Competes head-to-head with VITZRO CELL in smart metering, defense electronics, and industrial applications, with overlapping product portfolios in primary lithium thionyl chloride cells and military battery packs.
• Ultralife Corporation: Specialty battery peer focused on military, medical, and industrial applications including primary lithium and lithium-ion batteries. Comparable product overlap with VITZRO CELL's military and medical battery segments and similar B2B enterprise sales motion to defense and industrial OEMs.
• EaglePicher Technologies: Direct peer in military and aerospace specialty batteries, including thermal batteries and primary lithium chemistries for defense applications. Comparable to VITZRO CELL's Military Battery product line including ampoule batteries for artillery fuzes and thermal batteries.
• Tadiran Batteries: Direct peer in primary lithium (Li/SOCl2) batteries for industrial, smart metering, and military applications. Tadiran and VITZRO CELL are the two most prominent specialists in long-life primary lithium cells for AMI/smart meter and IoT use cases globally.
• EVE Energy: Chinese primary lithium battery (Li/SOCl2) specialist and broader lithium-ion manufacturer with comparable product portfolio in smart meter batteries, IoT power solutions, and energy storage. Direct competitor in the primary lithium cell market for AMI and industrial applications.

Broad incumbents

• Samsung SDI: Korean battery giant and broader-market peer covering automotive, ESS, and small-format lithium batteries. As a Korean competitor with significantly greater scale, Samsung SDI's small lithium primary and EDLC product lines compete in adjacent segments to VITZRO CELL.
• Panasonic Energy: Diversified battery incumbent serving consumer, automotive, and industrial markets including primary lithium cells. While broader in scope, Panasonic competes with VITZRO CELL in primary lithium batteries for industrial metering and specialty applications.
• EnerSys: Global industrial battery incumbent spanning reserve power, motive power, and specialty lithium batteries. Overlaps with VITZRO CELL's industrial and defense battery lines as part of a broader portfolio including lead-acid and lithium chemistries.

Emerging players

• FDK Corporation: Japanese specialty battery and electronic component manufacturer producing primary lithium batteries, EDLC supercapacitors, and lithium-ion capacitors. Closely comparable to VITZRO CELL's EDLC supercapacitor and lithium-ion capacitor product lines serving industrial and IoT customers.
• Maxell Holdings: Japanese battery manufacturer with a primary lithium battery (Li/SOCl2) product line serving industrial, metering, and IoT applications. Comparable to VITZRO CELL's primary lithium franchise with overlapping customer base in smart meters and industrial sensors.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat5 records

Key risks7 records

Key highlights7 records

Customer concentration

• LinkedInlinkedin.com/company/vitzrocell-co-ltd

Compliance11 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles1 record

Subsidiaries8 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about VITZRO CELL