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Press release

FlexQube receives orders worth $350 000 to aerospace- and defense company

FlexQube

FlexQube has received two orders worth a total of $350 000 to a company active in the aerospace- and defense sector. The carts will be used at their North America facilities, sold by FlexQube Inc. and manufactured at the main FlexQube location in Duncan, SC. The orders will be delivered in the first quarter of 2023. 

Anders Fogelberg, CEO comments, "The defense- and aerospace sector is currently advancing across all markets, and in our main market USA, we are actively looking for more business opportunities among the top players. We have been successful in doing business with many of the largest companies in the sector already, and we will continue to focus on gaining market share in 2023."

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

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