FlexQube receives an order worth approximately 550 000 USD for cart- and tugger train system

FlexQube has received a follow-up order for cart- and tugger train system from a customer in the USA who supplies cooling and ventilation equipment.

In 2023, the customer placed a smaller order for similar carts and is now following up with a larger order in connection with the establishment of a new factory for the company in the southeastern USA.

CEO Mårten Frostne comments: "This is the first large order we have received in a segment driven by the strong development of AI, which has increased the demand for cooling systems for large data centers. Our cart concept has proven to be an effective solution for the customer, which will now become part of the primary material flow in the new factory."
 

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 1000 customers in 38 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: 

CEO, Mårten Frostne
marten.frostne@flexqube.com
+46 721 55 19 37
 

The share (FLEXQ) is traded on Nasdaq First North. FNCA Sweden AB 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 Sep 20, 2024, at. 17:15 CET.