Amazon places 0.8 MUSD with FlexQube

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Amazon has placed an initial order with FlexQube worth 0.8 MUSD for the joint development of products from our eQart product line.

CEO Anders Fogelberg comments: ” Our extensive experience in creating customized material handling carts for more than 700 customers in 30 countries helped make us a viable option for this opportunity, and we look forward to working with Amazon.”

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 mechanical cart logistics. Through the own developed and unique automation concept FlexQube can offer robust and self-driving robotic carts.

FlexQube has more than 700 customers in 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

This information is insider information that FlexQube AB (publ) is obliged to disclose in accordance with EU Market Abuse Regulation. The information was provided by the above contact persons for publication on June 23, 2021 at 07:30 CET.