Insplorion signs a project agreement with a large international company. Order value appr 1.5 MSEK

September 12, 2023
Regulatory

Insplorion AB (publ) hereby announces that an agreement has been signed with a large international company that supplies solutions to the aviation industry.

The project includes technical development and a range of tests of Insplorion’s hydrogen sensor technology, including mapping of response time and ability to perform under certain conditions. The aim is to reach proof of concept in the specific customer application within hydrogen leak detection. The order value is approximately 1.5 MSEK.

“Leak detection is critical for safe deployment of hydrogen applications, and we are excited to collaborate with an experienced partner in this specific application within leak detection. This also further proves the market interest in our unique technology” says Johan Rask, CEO at Insplorion.

Questions are answered by:
Johan Rask, CEO
+46 708 94 60 60, johan.rask@insplorion.com

Per Giljam, CFO
+46 734 23 50 10, per.giljam@insplorion.com

This information is information that Insplorion is obliged to make public pursuant to the EU Market Abuse Regulation. The information was submitted for publication, through the agency of the contact persons set out above, at 2023-09-12 21:50 CEST.

Insplorion AB (publ)
Arvid Wallgrens backe 20
SE-413 46 Göteborg
SWEDEN

+46 31 380 26 95
info@insplorion.com
www.insplorion.com

About Insplorion
Insplorion AB, with its unique sensor platform NanoPlasmonic Sensing (NPS), operates within two fields; hydrogen sensors and research instruments. The sensors are fast, flexible and selective, and cost efficient at volume production. Our hydrogen sensors show a sub-second response time, making them the fastest in the world and will promote the growth of hydrogen infrastructure. Our instruments give scientists around the world real time data within battery research and surface processes in fields like catalysis, material- and life science. Naventus Corporate Finance AB is Insplorion's Certified Adviser on Nasdaq First North.

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Insplorion signs a project agreement with a large international company. Order value appr 1.5 MSEK

Insplorion signs a project agreement with a large international company. Order value appr 1.5 MSEK

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