Svenska Aerogel enters a five-year agreement as exclusive supplier to Matrix Brands – Receives initial 130 KEUR for industrial production scale-up
Svenska Aerogel enters into a five-year supply agreement with Matrix Brands, specializing in incubating and commercializing global personal care brands, becoming the exclusive supplier of the specially developed aerogel material for use in personal care. The agreement includes conditions for scaling up production as well as the delivery of the material throughout the contract period. Svenska Aerogel receives approximately 130 KEUR for necessary production adaptations and expenses related to the pilot production of the material.Svenska Aerogel is achieving a significant milestone by securing