Kahl am Main, November 11, 2026
SINGULUS TECHNOLOGIES AG increased its revenue in the first nine months of fiscal year 2026 and posted a positive operating result. Revenue rose by approximately 36 % to € 60.4 million (prior year: € 44.3 million). Earnings before interest and taxes (EBIT) improved to € 1.2 million, compared with -€ 2.5 million in the same period of the prior year. The gross margin rose from 32.5 % to 35.4 %.
In the third quarter of 2026, revenue reached € 15.1 million (prior year: € 13.0 million). EBIT was -€ 1.4 million (prior year: -€ 1.2 million). Free cash flow as of September 30, 2026, amounted to € 11.7 million, compared to € 5.1 million at the end of 2025.As of September 30, 2026, the number of employees in the SINGULUS TECHNOLOGIES Group rose slightly to 325 (December 31, 2025: 290 employees). This increase is primarily due to the acquisition of the business operations of the former MASS GmbH, Anröchte, in the second quarter of the reporting year.
Major Supply Contract with SpaceX for Advanced HJT Solar Cell Manufacturing EquipmentOn November 10, 2026, SINGULUS TECHNOLOGIES AG signed a supply contract with Space Exploration Technologies Corporation ("SpaceX"), Texas, USA, to deliver a turnkey production line for the manufacture of heterojunction solar cells. This supply contract is part of a strategic partnership with SpaceX under which SINGULUS is planning to deliver multiple additional lines. The first line under the broader supply agreement has an order volume of over € 60 million.
As part of the partnership, SINGULUS will develop high-performance solar cells and production equipment based on proven technologies deployed at scale. The first production line will be delivered in the first half of 2027, and production will scale to support more than 100 GW of production equipment as SpaceX accelerates satellite manufacturing in Bastrop, Texas.
Order intake and order backlogOrder intake doubled in the first nine months of 2026 to € 60.3 million (prior year: € 30.9 million). In the third quarter alone, new orders totaling € 22.4 million were secured.
In connection with the repayment of project advance payments and the termination of existing delivery obligations to Triumph Science and Technology Group Co., Ltd. ("Triumph"), China, orders totaling €15.3 million were written off. After these adjustments, the order backlog as of September 30, 2026, stood at € 47.1 million.
Forecast for 2026 confirmed
For the 2026 fiscal year, SINGULUS TECHNOLOGIES continues to expect revenue of approximately € 83.0 million and positive EBIT in the low single-digit millions. A significant portion of revenue and earnings is expected to come from the Solar segment.
With its operational performance, long-term financing, and the development of additional technological applications, the company considers itself well-positioned for further growth.
Refinancing and Restructuring of Business Relationships with TriumphAfter the end of the reporting period, on October 21, 2026, SINGULUS TECHNOLOGIES took out a subordinated secured loan of approximately € 22.75 million. The proceeds were used to fully repay liabilities owed to Triumph and its affiliates. This also eliminated the delivery obligations arising from project advance payments received. Both companies continue to collaborate on ongoing projects, in the service business, and on selected joint ventures. In connection with the restructuring of the business relationship, Triumph signed an agreement to sell its approximately 16.75 % stake to A1681X GmbH & Co. KG, Munich. The principal shareholder of A1681X is Roland Lacher, co-founder and former long-time Chairman of the Executive Board and Supervisory Board of SINGULUS TECHNOLOGIES.
Change in the Executive BoardThe Supervisory Board and Markus Ehret have mutually agreed to terminate his appointment to the Executive Board and his employment contract effective December 31, 2026. Markus Ehret served on the Executive Board of SINGULUS TECHNOLOGIES for over 16 years and helped shape the company's evolution from a manufacturer of production equipment for optical storage media to a technology company active in the solar, semiconductor, and life sciences sectors.
Following the refinancing by technology partner SpaceX and the restructuring of business relations with Triumph, the Supervisory Board and Markus Ehret view this as an appropriate time for the transition. Markus Ehret wishes to devote himself to new entrepreneurial endeavors and will support the handover to a successor.
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 CO₂ 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:
Maren Schuster, Investor Relations
Phone: + 49 (0) 160 9609 0279
E-Mail: maren.schuster@singulus.de
Bernhard Krause, Company Spokesman
Phone: +49 (0) 172 833 2224
E-Mail: bernhard.krause@singulus.de