Corporate news

Corporate news to the archive AKASOL AG: Revenue growth in Q2 in spite of COVID-19 – strong second half of the year expected At EUR 10.2 million, Q2 2020 revenue 27.5% higher than Q1 – despite the COVID-19 pandemic EBIT at EUR -4.5 million in Q2 (Q2 2019: EUR -0.1...

Corporate news to the archive AKASOL drives dynamic growth in the US and places follow-up order for delivery of fully automated production plant for the US site in Hazel Park Cooperation agreement extended with Manz, an experienced high-tech mechanical engineering...

Corporate news to the archive AKASOL increases its total output in the first quarter of 2020 and achieves important milestones for the expansion of production capacities Total output increased by 22% compared to the previous year to EUR 12.9 million (Q1 2019: EUR 10.1...

Corporate news to the archive AKASOL AG finishes 2019 with strong growth - confident of an unbroken dynamic business development Consolidated revenues increased significantly by around 120% to EUR 47.6 million (2018: EUR 21.6 million) Adjusted EBIT of EUR -2.4 million...

Corporate news to the archive AKASOL places another order for the delivery of automated production equipment for the new Gigafactory 1 in Darmstadt Cooperation agreement signed with Woll Maschinenbau GmbH from Saarbrücken Production equipment for highly automated...

Corporate news to the archive AKASOL AG: Serial production, prototype and sample construction continue Darmstadt/Langen, March 25, 2020 - AKASOL AG ("AKASOL"; the "Company"; ISIN DE000A2JNWZ9), a leading German developer and manufacturer of high-performance...

Corporate news to the archive AKASOL AG: Production capacity in Langen is more than doubled – second production line goes into operation six months ahead of schedule Langen II commissioned six months earlier than planned Capacity at Europe’s largest production site...

Corporate news to the archive AKASOL orders first fully automated production lines for the new Gigafactory 1 in Darmstadt Cooperation agreement signed with experienced high-tech production equipment manufacturer Manz AG in Reutlingen Delivery of first production lines...

Corporate news to the archive Expansion in fuel cell powertrains: AKASOL to Supply Battery Systems for Alstom's Hydrogen Trains Alstom orders high-performance battery systems for over 40 new Coradia iLint hydrogen trains High-performance battery systems combined with...

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 successfully continued its growth course over the third quarter and significantly increased its long-term order backlog through new contracts.

AKASOL AG (“AKASOL”; ISIN DE000A2JNWZ9), a leading German developer and manufacturer of high-performance lithium-ion battery systems for commercial vehicles, has successfully negotiated an outside financing package with a total volume of nearly EUR 60 million, in the form of multiple loan agreements, to finance growth over the course of 2019.

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.

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.

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.

Darmstadt, August 26, 2019 – AKASOL AG (“AKASOL”; ISIN DE000A2JNWZ9), a leading German manufacturer of high-performance lithium-ion battery systems for buses, commercial vehicles, rail vehicles, industrial vehicles, ships and stationary storage solutions, successfully continued to report growth in the first half of 2019.

Corporate news to the archive AKASOL enters North American market with new production facility New production facility in metro Detroit area, Michigan Planned investment in the mid two-digit million Euro volume over a duration of 5 years Supported by a one-digit...

Corporate news to the archive AKASOL AG: First Annual General Meeting after the successful IPO Darmstadt, May 24, 2019 – AKASOL AG ("AKASOL"; ISIN DE000A2JNWZ9), a leading German manufacturer of high-performance lithium-ion battery systems for buses, commercial...

Corporate news to the archive AKASOL AG leveraging its IPO year to lay the foundation for anticipated further growth 49.1% revenue growth to EUR 21.6 million in 2018 (2017: EUR 14.5 million) Order backlog through 2024 remained consistently high at EUR 1.47 billion, as...

Corporate news to the archive AKASOL AG: Carsten Bovenschen becomes Chief Financial Officer; Dr. Curt Philipp Lorber resigns from the management board Darmstadt, January 10, 2019 – The Supervisory Board of AKASOL AG (“AKASOL”; the “Company”; ISIN DE000A2JNWZ9) today...

Corporate news to the archive AKASOL AG wins strategically important order in the field of charging infrastructure for e-mobility applications Customer is a large, leading German automotive and commercial vehicle manufacturer AKASOL supplies battery-supported...

Corporate news to the archive AKASOL AG: Sales up 33.1% in the first half of 2018 Sales growth of 33.1% to EUR 9.3 million in the first half of 2018 (H1 2017: EUR 7.0 million) Orders on hand until 2024 up slightly from the end of March 2018 to EUR 1.47 billion as of...

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...

Corporate news to the archive AKASOL AG sets price range for its IPO at EUR 48.50 to EUR 64.50 per share • Offering of up to c. 2.1 million new shares from a capital increase and of 150,000 shares by current shareholders, including a potential over-allotment • Net...

Corporate news to the archive AKASOL prepares for initial public offering • E-mobility industry pioneer paves the way for strong growth in high performance battery systems for e-buses and commercial On- and Off-Highway applications • Order backlog of EUR 1.45 bn with...