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30 March 2022

FlexQube receives AGV order worth $525 000

Anders Fogelberg

Anders Fogelberg

CEO

FlexQube has received an order for 8 AGV systems and carts to an automotive supplier in Southeast USA. This is the single largest order for AGV systems so far. The customer installed its first AGV system in February and has now placed a follow-up order that will be used to automate various material handling flows in the plant.

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. Some examples of major customers are 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, 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 29, 2022 at 15:30 CET.

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