SNG Singulus Technologies AG

EQS-News: SINGULUS TECHNOLOGIES Develops new Solutions for the Production of Solid-State Batteries

EQS-News: SINGULUS TECHNOLOGIES AG / Key word(s): Incoming Orders
SINGULUS TECHNOLOGIES Develops new Solutions for the Production of Solid-State Batteries

25.04.2024 / 08:30 CET/CEST
The issuer is solely responsible for the content of this announcement.


Press release

SINGULUS TECHNOLOGIES Develops new Solutions for the Production of Solid-State Batteries

Kahl am Main, April 25, 2024 - SINGULUS TECHNOLOGIES has received a development order for production equipment that will be used for specific production processes of new solid-state batteries and contribute to an efficient manufacturing process. SINGULUS TECHNOLOGIES is in a unique position to develop this technology thanks to its many years of experience and expertise in the development of systems for surface treatment and coating of products with high precision and efficiency. This order represents a significant milestone for the company, especially in times of growing environmental awareness and resource conservation.

Conventional lithium-ion batteries are reaching the limits of their possible energy density, while at the same time the demand for more powerful energy storage systems is increasing.

Solid-state batteries promise a new era of energy storage. Thanks to the use of innovative materials and process technologies, they offer a 30% higher energy density, longer service life and faster charging times. SINGULUS TECHNOLOGIES uses its expertise in surface technology to industrialize the production of solid-state batteries. Dr. Stefan Rinck, CEO of SINGULUS TECHNOLOGIES, explains: "We are developing and building a production system with innovative process technology that will make a significant contribution to the manufacture of the new solid-state batteries. This application offers our company a promising perspective with considerable growth potential." The new solid-state batteries have the potential to significantly improve the charging speed, costs and, in particular, the range of electric cars and to develop into a global market. Dr. Rinck continues: "We are ideally positioned to drive this transformation forward and improve the production and industrialization of solid-state batteries with our machines."

The production of solid-state batteries presents a number of technological and engineering challenges. These include selecting and processing the right materials, implementing specialized production processes, and ensuring precise quality control during the manufacturing process. With its expertise in surface technology, SINGULUS TECHNOLOGIES is well equipped to overcome these challenges and offer innovative solutions for the production of such solid-state batteries.

Thanks to their specific properties, solid-state batteries can increase the range of electric vehicles and boost consumer acceptance. However, they can also contribute to significant progress in development beyond electromobility, for example in mobile devices, thanks to longer runtimes and more compact designs. In the aerospace industry, they improve the performance and safety of satellites, spacecraft, and unmanned aerial vehicles. In stationary energy storage, they could also buffer renewable energies such as solar and wind energy and ensure a reliable power supply.

Another key aspect is their improved safety compared to conventional lithium-ion batteries. As they do not contain liquid electrolyte, solid-state batteries have a lower risk of fire or thermal failure, which protects both users and the environment. The use of solid electrolytes also contributes to the longer life of solid-state batteries. This technology allows for a greater number of charge and discharge cycles, which improves the economy and sustainability of electric vehicles and other applications.

In addition, solid-state batteries offer the advantage of faster charging times compared to conventional batteries. This faster charging performance increases the efficiency and usability of electric vehicles and other applications by reducing waiting times during charging and improving the overall user experience.

Thin-Film Coating and Surface Treatment

SINGULUS TECHNOLOGIES develops and assembles innovative machines and systems for efficient thin-film coating and surface treatment processes, which are used worldwide in the Photovoltaics, Semiconductor, Medical Technology, Packaging, Glass & Automotive as well as Battery & Hydrogen markets.

The company’s core competencies include various processes of coating technology (PVD sputtering, PECVD, evaporation), surface treatment as well as wet-chemical and thermal production processes.

SINGULUS TECHNOLOGIES sees sustainability as an opportunity to position itself with innovative products. In the focus are environmental awareness, efficient use of resources and avoidance of unnecessary CO pollution.

SINGULUS TECHNOLOGIES attaches great importance to responsible and sustainable corporate governance.

SINGULUS TECHNOLOGIES AG, Hanauer Landstraße 103,
D-63796 Kahl/Main, WKN A1681X / ISIN DE000A1681X5

Contact: Bernhard Krause, Corporate Communications, Tel.: +49 (0) 172 833 2224

 

 



25.04.2024 CET/CEST Dissemination of a Corporate News, transmitted by EQS News - a service of EQS Group AG.
The issuer is solely responsible for the content of this announcement.

The EQS Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases.
Archive at -news.com


Language: English
Company: SINGULUS TECHNOLOGIES AG
Hanauer Landstrasse 103
63796 Kahl am Main
Germany
Phone: +49 (0)1709202924
Fax: +49 (0)6188 440-110
E-mail:
Internet:
ISIN: DE000A1681X5, DE000A2AA5H5
WKN: A1681X, A2AA5H
Listed: Regulated Market in Frankfurt (Prime Standard); Regulated Unofficial Market in Berlin, Dusseldorf, Hamburg, Hanover, Munich, Stuttgart, Tradegate Exchange
EQS News ID: 1888937

 
End of News EQS News Service

1888937  25.04.2024 CET/CEST

fncls.ssp?fn=show_t_gif&application_id=1888937&application_name=news&site_id=research_pool
EN
25/04/2024

Underlying

To request access to management, click here to engage with our
partner Phoenix-IR's CorporateAccessNetwork.com

Reports on Singulus Technologies AG

Thomas J. Schiessle
  • Thomas J. Schiessle

Investitionszurückhaltung hält noch an - intensive Vertriebsaktivitäte...

Nach den schwachen Vorquartalen im FY 25 brachte auch Q3/25 nicht den angestrebten Aufschwung, das gilt auch für den Ordereingang, der in Q3 nicht an das Hoch zur Jahresmitte anschließen konnte. Die angestrebte Belebung blieb im H2/ 25 bis dato aus. Bereits im H1/25-Report (13.08.25) war von einer zunehmend „herausfordernden 25er Guidance“ die Rede. Mit der Veröffentlichung der 9M/25-KPI (Q3/25-Ordereingang/Umsatz/EBIT: -47 % YoY auf € 9,8 Mio./-36 % YoY auf € 13,0 Mio./ von € 0,70 Mio. YoY au...

Thomas J. Schiessle
  • Thomas J. Schiessle

Q1/25 verhalten – schwacher Ordereingang - neues Aufsichtsratsmitglied...

Im FY 25 soll ein kräftiges Umsatz- und Ergebniswachstum realisiert werden. Diese Guidance wurde auf der HV am 21.05.25 intensiv diskutiert und vom Managementdarauf hingewiesen, dass diese „anspruchsvoll sei“. Der Geschäftsgang im Startquartal war verhalten; insbesondere der Ordereingang zeigte sich schwach (3M/25-Ordereingang/Umsatz/EBIT: -80,7 % YoY auf € 6,4 Mio./-20,5 % YoY auf € 16,4 Mio./-16,7 % YoY auf € 0,5 Mio.). Die Book-to-Bill-Ratio sank für 3M/25 auf 39,2%; der Bestellvorrat nahm da...

 PRESS RELEASE

EQS-News: SINGULUS TECHNOLOGIES publishes annual financial statements ...

EQS-News: SINGULUS TECHNOLOGIES AG / Key word(s): Annual Report/Forecast SINGULUS TECHNOLOGIES publishes annual financial statements 2024 28.03.2025 / 08:00 CET/CEST The issuer is solely responsible for the content of this announcement. Press Release SINGULUS TECHNOLOGIES publishes annual financial statements 2024 Sales 2024: € 75.9 million, EBIT -€ 0.7 million, order intake 2024: € 77.2 million Realignment of the company for sustainable growth Forecast for 2025 is revenue of €105 - 115 million with EBIT in the mid-single-digit million range Kahl am Main, March 28, 2...

 PRESS RELEASE

EQS-News: SINGULUS TECHNOLOGIES veröffentlicht Jahresabschluss 2024

EQS-News: SINGULUS TECHNOLOGIES AG / Schlagwort(e): Jahresbericht/Prognose SINGULUS TECHNOLOGIES veröffentlicht Jahresabschluss 2024 28.03.2025 / 08:00 CET/CEST Für den Inhalt der Mitteilung ist der Emittent / Herausgeber verantwortlich. Pressemeldung SINGULUS TECHNOLOGIES veröffentlicht Jahresabschluss 2024 Umsatz 2024: 75,9 Mio. €, EBIT -0,7 Mio. €, Auftragseingang 2024: 77,2 Mio. € Neuausrichtung des Unternehmens für nachhaltiges Wachstum Prognose für 2025 liegt bei einem Umsatz von 105 - 115 Mio. € mit EBIT im mittleren einstelligen Millionenbereich Kahl am Main...

Thomas J. Schiessle
  • Thomas J. Schiessle

Hohe Order-Kennzahlen sprechen für Wachstum in FY 25

Die am 12.03.25 vorgelegten KPIs dokumentieren eine schwachen Umsatzlegung in Q4/24 (-14 % YoY auf € 14,9 Mio.), die das Q4/24-EBIT – trotz abgesenkter Gewinnschwelle - unter die Nulllinie drückte. Die hohe Auslastung der Vorquartale konnte somit nicht erreicht werden, so dass es trotz des abgesenkten OPEX-Sockels zum 12M/24-EBIT-Verlust von € -0,7 Mio. (9M/24: € 1,9 Mio.) kam. Nicht zum ersten Mal haben Verschiebungen in den Projektlaufzeiten zu Anpassungen geführt. Die mehrfach angepasste Gu...

ResearchPool Subscriptions

Get the most out of your insights

Get in touch