Press release -
Morrow Batteries strengthens Board of Directors with Atle Knudsen as new member
Atle Knudsen of Morrow-shareholder Å Energi joins Morrow Batteries as a new board member.
“I strongly believe in Morrow Batteries as one of the leading, new, and innovative industrial ventures in our region. We trust that the research-driven efforts to develop a unique battery technology, less dependent on nickel and cobalt, will ensure Morrow’s success in developing the batteries of the future. I am excited to join the company as a board member, doing our part in speeding up the energy transition”, Atle Knudsen says.
Knudsen holds the position as Executive Vice President for New Industries at Å Energi, one of Norway’s leading energy utility companies, and the largest shareholder of Morrow Batteries with 34 per cent of the shares.
He has followed the development of Morrow Batteries since Å Energi was part of the founding the company in 2020. Knudsen says he is impressed with how the company has developed, from the early conceptualisation to how Morrow is now building an industrial scale enterprise.
“Å Energi is a publicly owned company, deeply embedded in the region. It is therefore critically important for us to contribute to developing businesses and creating attractive jobs along the “Battery coast”. We share Morrow’s ambition to build industries and companies that attracts interest and talents both outside Agder and beyond Norway. We are therefore particularly impressed that Morrow already has attracted more than 130 battery specialists from 25 countries – and counting”; he says.
“We are delighted to welcome Atle Knudsen to the Morrow Board of Directors. The continued support from Å Energi and our other long-term owners and partners enables the further growth and development of the company”, says chairperson Liv Monica Stubholt of Morrow Batteries.
Knudsen holds a Master’s degree in marketing from the Southern Denmark Business School and an MBA from the Norwegian School of Economics. He is the chairperson of Å Energi Invest and Entelios Nordic.
Following this appointment, the Board of Directors of Morrow consist of Liv Monica Bargem Stubholt (chair), Tor Øystein Repstad, Anders Lægreid, Pedro Valle e Azevedo, Franziska Beata Bossart Bright as well as Atle Knudsen.
Morrow Batteries ASA (Morrow) is an industrial battery technology company on a mission to develop and deliver next-generation batteries with cathode material (LNMO). These batteries replace cobalt, reduces nickel and lithium, and maximizes the use of clean and abundant manganese. Founded in 2020 and headquartered in Arendal, Norway, the company now counts 130+ battery specialists across four offices internationally. Learn more at morrowbatteries.com and @MorrowBatteries on LinkedIn.