The European Patent Office intends to grant OXE Marine AB (publ) a European patent for an electric duoprop outboard

Following a patent application by OXE Marine AB (publ) (“OXE”), the European Patent Office has communicated that it intends to grant the Company a European patent for a twin motor electric duoprop outboard, subject to OXE fulfilling certain administrative requirements. The patent is part of OXE’s ongoing expansion of its intellectual property portfolio and is a natural continuation of OXE’s plan to dramatically reduce exhaust emissions in the marine outboard segment. Earlier this month, OXE entered into a cooperation agreement with Norwegian company Evoy AS regarding high