Net Trading Group NTG AB: Lightcircle enters into agreement with globally renowned design and architect firm Snøhetta for development of future wall socket
Lightcircle, a subsidiary of Net Trading Group NTG AB, has entered into a partner agreement with world renowned and leading Design & Architecture house Snøhetta for a holistic brand development and most importantly, developing the future wall socket together; fusing Snøhetta`s second to none design and architectural competencies with Lightcircle`s Kokong smart socket technology.
Phase one of the partnership will include Snøhetta and Lightcircle developing a ’brand story’ and initial designs in preparation for taking part in the US award-winning documentary TV series ”Viewpoint” hosted by Dennis Quaid, to be aired in the US this fall. This documentary will also discuss the synergies between Rock Energy and Lightcircle, under the NTG company structure.
Longer term, the goal of the collaboration is to develop the future wall socket.
"Our ambition at Snøhetta is for our collective portfolio to be carbon neutral by 2039. To make this happen we need to explore and develop new ways of working, producing and how we consume energy. We hope that our collaboration with Lightcircle can play a role in this equation", says Marius Myking, Director of Product Design at Snøhetta. See http://www.snohetta.com for more information about Snøhetta.
"Since Lightcircle’s inception in 2017, it has always been our goal to develop the wall socket of the future. We have dedicated ourselves to building forward-thinking consumer technology and establishing trust, credibility, and market recognition. This dedication has led Lightcircle to our partnership with Snøhetta. They are the right partner to move Lightcircle into the next phase - namely, getting our Lightcircle technology into the wall sockets of the future, and into homes and buildings as fixed electrical outlets” says Morten Revill, CEO of Lightcircle.
For further information, please contact:
Lars Christian Beitnes, CEO, NTG
Telephone: +46 8 1220 4146
E-mail: lars.beitnes@ntginvestor.se
Or contact: ir@netginvestor.com
Net Trading Group NTG AB (Trading Symbol: NTGR) is a holistic Nordic ESG company owning unique technologies related to energy production and energy saving via Rock Energy and Lightcircle, respectively. Our technology enables us to follow the power through the entire circuit - from our power plants to our smart and unique electrical outlets. By bundling the product mix of both Rock Energy and Lightcircle, larger developers can now source energy in areas where there is no network, thus reducing the concerns surrounding unpredictable energy costs and unstable or overloaded grids.