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IBU-tec advanced materials AG: IBU-tec advanced materials AG receives major order from PowerCo SE in the field of LFP battery materials and further expands existing cooperation
IBU-tec advanced materials AG: IBU-tec advanced materials AG receives major order from PowerCo SE in the field of LFP battery materials and further expands
About this update from Ibu-tec Advanced Materials Ag
[{"type":"text","content":"\nEQS-Ad-hoc: IBU-tec advanced materials AG / Key word(s): Incoming Orders\n\nIBU-tec advanced materials AG: IBU-tec advanced materials AG receives major order from PowerCo SE in the field of LFP battery materials and further expands existing cooperation \n18-Jul-2025 / 19:15 CET/CEST\n\nDisclosure of an inside information acc. to Article 17 MAR of the Regulation (EU) No 596/2014, transmitted by EQS News - a service of EQS Group.\n\nThe issuer is solely responsible for the content of this announcement.Public disclosure of inside information in accordance with Article 17 of Regulation (EU) No. 596/2014 IBU-tec advanced materials AG receives major order from PowerCo SE in the field of LFP battery materials and further expands existing cooperationOrder volume of EUR 6 millionOrder for an industrialization concept for the production of LFP precursor (pCAM) with spray drying technologyIntensification of cooperation with European cell manufacturer (PowerCo SE)Weimar, July 18. 2025 – IBU-tec advanced materials AG (“IBU-tec”, ISIN: DE000A0XYHT5) today concluded an agreement with PowerCo SE on a major order with a volume of EUR 6 million, of which around 75% will already be recognized in revenues in the current financial year. The order specifies that IBU-tec develops an industrialization concept for the production of LFP pCAM with spray drying technology for automotive applications. A particular focus will be on optimizing production to reduce CAPEX and OPEX.\n\nWith this major order, IBU-tec is further expanding its cooperation with PowerCo, which was initiated in 2024, and continuing the joint development projects to progress towards the industrial scale. IBU-tec is thus intensifying its further collaboration with the globally active cell manufacturer and sees considerable potential for continued close partnership.End of Inside InformationInformation and Explanation of the Issuer to this announcement:EXPLANATORY PART\n\nJörg Leinenbach, CEO of IBU-tec: \"We are delighted to have received another major order from PowerCo SE as part of the industrialization of LFP cathode material. With this, we are continuing our in-depth dialogue with our international partner. The potential of our collaboration is far from exhausted — in fact, we are just at the beginning of a promising partnership.\"\n\n About IBU-tec\n\nThe IBU-tec Group ...