ChromoGenics will deliver Dynamic Glass to a project in Sweden
ChromoGenics will deliver ConverLight dynamic glass to a project in Sweden during the first half of 2024. Expected total order value is 5 MSEK.
The product, ConverLight, is an advanced technology where an electrochromic film is laminated into the glass to regulate the intensity of sunlight and heat penetration into buildings. When the sun shines, the control system darkens the glass, significantly reducing the need for air conditioning. Similarly, solar heat can be allowed in during the winter to reduce energy consumption and heating costs. This solution also provides a natural daylight effect and unobstructed views – offering several positive health benefits for the over 250 people who will work in the building.
The property is expected to be completed in 2025, with the glass being produced at ChromoGenics' facility in Uppsala during the first half of 2024. This project sets a new standard for future sustainable office properties and demonstrates how Swedish innovations like ConverLight, can play a crucial role in reducing the environmental impact of the construction sector.
Contact
Fredrik Fränding, CEO
Anne-Marie Gullberg, CFO & Head of Investor Relations
Tel: +46 (0) 18 430 0430
E-mail: info@chromogenics.com
ChromoGenics
About ChromoGenics
ChromoGenics is a proptech company that produces smart dynamic glass, improving indoor environments and well-being while reducing energy consumption, operational costs, and climate impact in properties. The product, ConverLight® Dynamic, is based on unique patented technology from the Ångström Laboratory in Uppsala, where electrochromic coatings are laminated into plastic film. The result is a dynamic film that can be laminated into glass, providing effective sun protection in buildings and reducing environmental impact in production, transportation, and usage. The dynamic film is easy to transport and can be applied by local partners in the glass industry, avoiding the need for long-distance shipments of bulky glass. All products from ChromoGenics prioritize environmental and health aspects, focusing on eco-friendly materials, reduced energy consumption, increased access to daylight and views, and improved indoor comfort.
ChromoGenics' production facility in Uppsala has been partly financed through conditional loans from the Swedish Energy Agency. ChromoGenics' stock (CHRO) is listed on the Nasdaq First North Growth Market, with Vator Securities serving as the Certified Adviser.