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27 February 2023

FlexQube receives orders worth $630 000 in USA

FlexQube has received two orders totalling approximately $630 000 from two different customers in the USA. The first order amounts to approximately $360 000 and comes from an existing customer in the pharmaceutical industry, who follows up an order for 140 trolleys from 2021, with another order for mechanical trolleys from FlexQube.

The second order amounts to approximately $270 000 and is also for mechanical trolleys to an existing customer in the manufacturing industry.

Anders Fogelberg, CEO comments; "During last year, the growth for our mechanical concept amounted to 76% and even though we put a lot of focus and resources into establishing our robotic products on the market, the mechanical carts will continue to be a stable foundation in our business. Cart based logistics, mechanical as well as robotic, is the basis for efficient internal logistics for both warehouses and factories, which we see customers in both categories continuing to discover. In addition, every sale of a mechanical cart is an option for us to sell a robotic solution as an update to the same customer at a later date.”

About FlexQube

FlexQube is a technology company headquartered in Gothenburg, Sweden with subsidiaries in USA, Mexico, Germany and England. FlexQube offers solutions for cart-based material handling using a patented modular concept. FlexQube develops and designs customized solutions for both robotic and mechanical cart logistics. Through the own developed and unique automation concept FlexQube can offer robust and self-driving robotic carts. FlexQube has more than 900 customers in 36 countries with primary markets being North America and Europe.

FlexQube’s customers can be found within the manufacturing industry, distribution- and warehousing. We represent some of the most successful companies in the world with a significant share being represented on the Fortune 500 list. These companies exist within automotive, electric vehicle manufacturing, online retail, heavy-duty trucks, industrial automation and retail logistics.

For more information, contact the CEO, Anders Fogelberg


+46 702 86 06 74

The share (FLEXQ) is traded on Nasdaq First North. FNCA Sweden AB is the Company's Certified Adviser. Read more at www.flexqube.com