30 March 2023

European customer order AGV robots worth €330 000

Anders Fogelberg

CEO

Orders

FlexQube has received an order from a customer in Slovakia for a total of 7 eQart® Line AGVs and complementing transfer stations for a total value of approximately €330 000. This is the largest robotics order to a European customer so far. The project will be installed and delivered at the end of Q2, 2023.

Anders Fogelberg, CEO comments; “This is a very important order for us on the European market when it comes to robotic solutions, in this case our eQart® Line AGV. We competed against a major global player in the robotics space and we were able to win due to our unique offering where we can deliver a combined solution for material presentation and transport through our modular design.

The AGV is delivered in a customized size as well with an integrated top structure, dedicated for the specific material the customer will transport. These AGVs will be more than 2.5 meters long with a roller structure on top allowing the customer to transfer pallets on and off work stations in their production process.

The lead time from order to delivery can be kept very short due to our building block concept.”

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 900 customers in 36 countries with primary markets being North America and Europe.

FlexQube’s customers can be found within the manufacturing industry, distribution- and warehousing. Some examples of major customers are Tesla, Amazon, Volvo Cars, Siemens, Autoliv, Scania, Oda and Mann+Hummel.

For more information, contact the CEO, Anders Fogelberg

anders.fogelberg@flexqube.com

+46 702 86 06 74

The share (FLEXQ) is traded on Nasdaq First North. FNCA Sweden AB is the Company’s Certified Adviser. Read more at www.flexqube.com