FlexQube wins a €200 000 project in Germany

An industrial equipment company in Germany has placed an order worth €200 000 with FlexQube for the delivery of shelf and pallet carts to their manufacturing plant in Germany. The order will be delivered throughout the fall and final delivery will take place in the beginning of 2022.

CEO Anders Fogelberg comments; “We are starting to see a clear effect on all the investments and activities we have conducted in Europe in recent years and have a strong momentum when it comes to order intake for the DACH region and in Europe overall lately. Europe is a very important and major market for us long term and it is very satisfying that we now see a rapidly improving order intake. In June we also received our biggest order so far in France when a company in the wind power industry ordered carts worth approximately €100 000.”

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 800 customers in more than 30 countries with primary markets being North America and Europe.

FlexQube’s customers can be found within the manufacturing industry, distribution- and warehousing. Some examples of major customers are Volvo Cars, Siemens, Autoliv, Scania, Oda and Mann+Hummel.

For more information, contact the CEO, Anders Fogelberg

anders.fogelberg@flexqube.com

+46 702 86 06 74

The share (FLEXQ) is traded on Nasdaq First North. FNCA Sweden AB, telephone +46 8-528 00 399, is the Company's Certified Adviser. Read more at www.flexqube.com