Corporate news


| AKASOL AG: Adjustment of the forecast for 2019; Doubling of revenues expected for current Financial Year

Darmstadt, November 1, 2019 – The Management Board of AKASOL AG (“AKASOL”; ISIN DE000A2JNWZ9), a leading German developer and manufacturer of high-performance lithium-ion battery systems for buses, commercial vehicles, trains, industrial vehicles and ships, has today adjusted its forecast for the Financial Year 2019 and now expects revenues between EUR 43 and 46 million.

| AKASOL nominates Samsung SDI as supplier for two serial projects with leading global commercial vehicle manufacturers

Darmstadt, September 23, 2019 – AKASOL AG (“AKASOL”; the “Company”: ISIN DE00A2JNWZ9), a leading German manufacturer of high-performance lithium-ion battery systems, has significantly expanded its relationship with leading battery manufacturer Samsung SDI, nominating the Korean company as supplier of lithi-um-ion battery cells and modules for two large serial orders for leading global commercial vehicle manufacturers.

| AKASOL receives another long-term order from one of the world’s leading commercial vehicle manufacturers

Darmstadt, September 11, 2019 – AKASOL AG (“AKASOL”; the “Company”; ISIN DE000A2JNWZ9), a leading German manufacturer of high-performance lithium-ion battery systems, received a large follow-up order from one of the world´s leading commercial vehicle manufacturers with a total volume in the high three-digit million-euro range. From 2021 until the end of 2027 the Company will supply the third generation of high energy battery systems for various electric vehicles of the globally operating customer and safeguards AKASOL’s dynamic growth within the upcoming years.

| AKASOL AG debuts on Frankfurt Stock Exchange

Corporate news to the archive AKASOL AG debuts on Frankfurt Stock Exchange • Successful listing and inclusion of shares in the Prime Standard segment • Use of net proceeds for the expansion of the Company’s production facility in Langen, Germany, as well as for the...
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