FlexQube receives an order worth $520 000 from Siemens Mobility

FlexQube announces it has received a $520,000 order for additional material handling carts from Siemens Mobility in the U.S.  Siemens Mobility designs and manufacturers rail vehicles, locomotives, components and systems to more than 30 transit agencies and cities across North America with manufacturing facilities in Sacramento, CA, Pittsburgh, PA, Louisville, KY and Marion, KY. The carts will be delivered during 2022. Siemens Mobility has been a continuing customer of FlexQube since 2017.

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 850 customers in 35 countries with primary markets being North America and Europe.

FlexQube’s customers can be found within the manufacturing industry, distribution- and warehousing. We represent some of the most successful companies in the world with a significant share being represented on the Fortune 500 list. These companies exist within automotive, electric vehicle manufacturing, online retail, heavy-duty trucks, industrial automation and retail logistics.

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, telephone +46 8-528 00 399, is the Company's Certified Adviser. Read more at www.flexqube.com

This information is insider information that FlexQube AB (publ) is obliged to disclose in accordance with EU Market Abuse Regulation. The information was provided by the above contact persons for publication on March 4, 2022 at 08:00 CET.