18 December 2024 11:18AM
EQS-Adhoc: Altech concludes strategic heads of agreement framework agreement with AXSOL for the exclusive supply of CERENERGY GridPacks for the defence sector
Altech Advanced Materials AG
· ISIN: DE000A31C3Y4
· EQS - adhoc news
Country: Germany
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Primary market: Germany
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EQS NID: 2053925
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EQS-Ad-hoc: Altech Advanced Materials AG / Key word(s): Contract
Altech Advanced Materials AG (ISIN: DE000A31C3Y4): Altech Batteries GmbH has signed a Heads of Agreement ("HOA") with AXSOL GmbH ("the Partner") for the intended supply of CERENERGY GridPacks with a total capacity volume of at least 120 MWh in the period from 2027 to 2031. The Partner intends to use the CERENERGY energy storage systems in the defence and security sector. The agreement grants AXSOL the exclusive implementation, use and distribution of CERENERGY batteries for the defence sector of NATO and Western countries. To date, AXSOL has focussed on lithium-ion battery systems and hydrogen systems for self-sufficient energy supply in the military sector. With the HOA, AXSOL intends to expand its range to include ceramic solid-state batteries. As a supplier certified in the defense sector, Axsol is the preferred partner for timely qualification to enable early sales of the extremely robust, durable and non-flammable Altech CERENERGY batteries in the defence sector. In addition, Altech will collaborate with Axsol and benefit from its know-how and expertise to efficiently manage and integrate different battery technologies with multiple energy supply sources with their energy management system "AXOS". Battery energy storage systems ("BESS") are to consist of several battery technologies for different applications and must therefore be intelligently integrated to ensure efficient and economical use. Explanatory part The Altech Group is planning to build a production plant for CERENERGY battery packs with an annual production capacity of 120 MWh in Schwarze Pumpe. This HOA is already the third letter of intent concluded with a renowned partner within a few weeks for the salt-based CERENERGY solid-state battery for stationary industrial operation (see also news from 12 September 2024 and 26 January 2024). The partner AXSOL from Würzburg develops modular, scalable battery storage platforms for various areas of application - from stationary battery storage systems to mobile battery storage systems for professional use in the defence and security sector. In 2021, AXSOL received an award from Aerospace & Defense Review and is one of the Top 10 Defence Tech Solution Providers in Europe. In 2023, AXSOL was recognised by Energy Tech Review magazine as a Top 10 Battery Storage Solutions Provider in Europe for its Energy Container Solutions. Uwe Ahrens, Management Board Member of Altech Advanced Materials AG: "We are delighted to have gained such a competent partner in Axsol, enabling Altech to enter the highly attractive defence industry market segment with our CERENERGY GridPack battery energy storage system. Axsol's strong interest in our technology emphasises the unique advantages of Altech's CERENERGY solid-state sodium chloride battery technology and its exceptional USPs. In addition, NATO forces have set themselves the goal of becoming carbon neutral by 2050, and we are pleased to play a part in this endeavour." CERENERGY battery project Altech Batteries GmbH (ABG) is a joint venture with the world-leading German battery institute Fraunhofer IKTS to commercialise the revolutionary CERENERGY sodium-aluminium oxide solid-state battery (SAS). CERENERGY batteries are the ground-breaking alternative to lithium-ion batteries. CERENERGY batteries are fire and explosion-proof and have a service life of more than 15 years. The battery technology uses common salt and is free of lithium, cobalt, graphite and copper, eliminating dependence on critical metal price increases and supply chain issues. The joint venture markets its CERENERGY battery and plans to build a 120 MWh production plant on the Altech site in Saxony. The plant will produce CERENERGY battery modules for the grid storage solutions market. About Altech Advanced Materials AG Altech Advanced Materials AG (ISIN: DE000A31C3Y4), based in Frankfurt am Main, is a holding company listed on the regulated market of the Frankfurt Stock Exchange. The company's aim is to participate in the solid-state battery market for stationary battery applications with CERENERGY. Another focus is on lithium-ion batteries. An innovative anode material based on high-purity aluminium oxide (HPA) - Silumina Anodes - is intended to significantly increase the performance of this battery for electromobility. Further information: www.altechadvancedmaterials.com Altech Advanced Materials AG The Management Board: Iggy Tan, Uwe Ahrens, Hansjörg Plaggemars Ziegelhäuser Landstraße 3 69120 Heidelberg info@altechadvancedmaterials.com Tel: + 49 6221 649 2482 www.altechadvancedmaterials.com Contact the press: Ralf Droz / Doron Kaufmann, edicto GmbH Tel: +49 (0) 69 905505-54 e-mail: AltechAdvancedMaterials@edicto.de End of Inside Information
18-Dec-2024 CET/CEST The EQS Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases. |
| Language: | English |
| Company: | Altech Advanced Materials AG |
| Ziegelhäuser Landstraße 3 | |
| 69120 Heidelberg | |
| Germany | |
| Phone: | +49 6221 6492482 |
| E-mail: | info@altechadvancedmaterials.com |
| Internet: | www.altechadvancedmaterials.com |
| ISIN: | DE000A31C3Y4 |
| WKN: | A31C3Y |
| Listed: | Regulated Market in Frankfurt (General Standard); Regulated Unofficial Market in Berlin, Dusseldorf, Munich, Tradegate Exchange |
| EQS News ID: | 2053925 |
| End of Announcement | EQS News Service |
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2053925 18-Dec-2024 CET/CEST
Boersengefluester.de (BGFL) provides an overview of the key figures on sales, earnings, cash flow and dividends to help you better assess the fundamental development of the respective companies. All information is entered manually in our database - the source is the respective annual reports. All estimates for future figures are provided by BGFL.
| The most important financial data at a glance | ||||||||
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025e | ||
| Sales1 | 0,14 | 0,02 | 0,00 | 0,00 | 0,08 | -0,75 | 0,00 | |
| EBITDA1,2 | -0,33 | -0,62 | -0,73 | -0,78 | -1,50 | 0,00 | 0,00 | |
| EBITDA-Margin3 | -235,71 | -3.100,00 | 0,00 | 0,00 | -1.875,00 | 0,00 | 0,00 | |
| EBIT1,4 | -0,41 | -0,62 | -0,73 | -1,28 | -1,50 | 0,00 | 0,00 | |
| EBIT-Margin5 | -292,86 | -3.100,00 | 0,00 | 0,00 | -1.875,00 | 0,00 | 0,00 | |
| Net Profit (Loss)1 | -0,41 | -0,62 | -0,88 | -1,43 | -1,65 | -0,81 | 0,00 | |
| Net-Margin6 | -292,86 | -3.100,00 | 0,00 | 0,00 | -2.062,50 | 108,00 | 0,00 | |
| Cashflow1,7 | 0,03 | -1,31 | -0,75 | -0,69 | -0,98 | 0,00 | 0,00 | |
| Earnings per share8 | -0,38 | -0,24 | -0,16 | -0,20 | -0,22 | -0,10 | -0,39 | |
| Dividend per share8 | 0,00 | 0,00 | 0,00 | 0,00 | 0,00 | 0,00 | 0,00 | |
Quelle: boersengefluester.de and Company information
Explanation
1 in Mio. Euro; 2 EBITDA = Earnings before interest, taxes, depreciation and amortisation; 3 EBITDA in relation to sales; 4 EBIT = Earnings before interest and taxes; 5 EBIT in relation to sales; 6 Net profit (-loss) in relation to sales; 7 Cashflow from operations; 8 in Euro; Source: boersengefluester.de
Auditor: Nexia
All relevant valuation ratios, dates and other investor information on your share at a glance. Good to know: All data comes from boersengefluester.de and is updated daily. This means you are always up to date. You can get brief explanations of the key figures by moving the cursor or mouse over the relevant field.
| INVESTOR-INFORMATION | ||||||
| ©boersengefluester.de | ||||||
| Altech Advanced Materials | ||||||
| WKN | ISIN | Legal Type | Marketcap | IPO | Recommendation | Plus Code |
| A31C3Y | DE000A31C3Y4 | AG | 17,75 Mio € | 13.07.2011 | Kaufen | 8FXCCP86+63 |
* * *
| PE 2026e | PE 10Y-Ø | BGFL-Ratio | Shiller-PE | PB | PCF | KUV |
| -8,62 | 10,00 | -0,86 | -16,97 | 2,01 | -18,13 | 227,53 |
Dividends
|
Dividend '2022 in € |
Dividend '2023 in € |
Dividend '2024e in € |
Div.-Yield '2024e in % |
| 0,00 | 0,00 | 0,00 | 0,00% |
Financial calendar
| Annual General Meeting | Q1-figures | Q2-figures | Q3-figures | Annual press conference |
| 30.04.2025 | 19.07.2024 | 10.04.2025 |
Performance
| Distance 60-days-line | Distance 200-days-line | Performance YtD | Performance 52 weeks | IPO |
| -20,79% | -26,41% | -18,84% | -65,54% | -82,77% |
LEI:
529900PVUKFVG9GDEQ03
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