Shape Robotics signs agreement with distributor in Greece

Shape Robotics has secured an order worth €100,000 and simultaneously entered into a distribution agreement with Netscope Solutions in Greece. The agreement spans a duration of 12 months.

Greece, much like several other Central and Eastern European countries, places a strong emphasis on advancing the use of technology in education. With support from the EU's Recovery and Resilience Facility, Greece has allocated over €230 million (DKK 1.7 billion) for the establishment of STEAM classrooms, computers, interactive displays, and more.

In total, in 2023, Shape Robotics has achieved several significant milestones in line with the company's growth strategy in Central and Eastern Europe. This includes the execution of a historic framework agreement for 2023-2024 valued at a minimum of DKK 223 million, the establishment of a subsidiary in Moldova with the initiation of the first commercial projects, and the launch of new products. Additionally, the company is actively pursuing the acquisition of an Edtech company in Poland called "Skriware" and anticipates a listing on the main market (Nasdaq Main Market Copenhagen) in Q4, 2023.

For additional information and investor relations, please contact:

André Fehrn, CEO Shape Robotics A/S
Email: ir@shaperobotics.com
CVR number: 38322656
Website: www.shaperobotics.com