Garching near Munich – In cooperation with partners in the LiBAT consortium, LION Smart has successfully tested its highly innovative AC battery system, demonstrating a power performance that is sufficient to maintain level flight for a manned glider. The lightweight, compact, and highly-integrated battery rotated an electric motor with propeller attached in a lab setting. The advanced LiBAT technology can be applied to a broad range of applications in the transport sectors, taking a large step towards a more sustainable future.
Dear LION E-Mobility Investors,
We cordially invite you to participate in our next Investor Conference Call on Thursday, December 10, at 10:00 a.m. CET. Mr Thomas Hetmann as AG board member and General Manager of LION Smart GmbH and Mr Ian Mukherjee, also AG board member and investor, will be on the call and present the Q3-2020 results of LION Smart GmbH, as well as give a general investor’s update.
December 9, 2020 – LION Smart GmbH, 100 % subsidiary of LION E-Mobility AG, today published its quarterly figures as of September 30, 2020. The business of the innovative supplier of lithium-ion battery systems and integrative battery solutions has continued to develop positively during the first three quarters of 2020. In addition to a significant increase in sales revenues and a broadening of the customer base, the further development of the Light Battery with a tier 1 supplier has had a significant impact on the past quarters.
LION E-Mobility AG, a publicly listed Swiss holding company with strategic investments in the field of electrical energy storage and lithium-ion battery system technology, announces that multiple Board of directors of Lion E Mobility AG have acquired shares of the company. The necessary notifications to the regulatory authorities have been made.
Garching near Munich – LION Smart GmbH continues to grow and plans to move to larger premises near its current location in the first quarter of 2021. On 500sqm, this will create twice as much working space, while production will continue to operate at the current site.
Garching near München – LION E-Mobility AG is pleased to announce that LION Smart GmbH received an order from Grande West Transportation Group Ltd. for engineering services in the field of development and integration. The volume of the development contract is in the mid six-digit euro range. Grande West Transportation is a Canadian company which designs and constructs medium-sized multi-purpose transit vehicles for public and commercial companies. It is based in Aldergrove, British Columbia, Canada.
Baar (CH), October 29, 2020 – LION E-Mobility AG, a listed Swiss holding company with strategic investments in the field of electrical energy storage and lithium-ion battery system technology, has implemented a capital increase from authorized capital as of October 29, 2020. The unanimous resolution of the Board of Directors was based on the authorization granted by the extraordinary general meeting dated June 27, 2019, and with reference to art. 3a of the articles of association regarding the authorized share capital.
Baar (CH) – LION E-Mobility AG, a listed Swiss holding company with strategic investments in the field of electrical energy storage and lithium-ion battery system technology, has implemented a conditional capital increase as of October 14, 2020 (entry in the Commercial Register of the Canton of Zug) to service the stock option plans of LION Smart GmbH and the compensation of the Board of Directors of LION E-Mobility AG.
LION Smart has been working on a cooperation project for some time, supported by the funding of the project Clean Sky 2 Joint Undertaking and the European Unions’ Horizon 2020, in cooperation with TWT GmbH and Dassault Aviation and support by Hon. Prof. Paul H. Riley as well as Dr. Obrad Dordevic. The aim of the project is to achieve a significant reduction in carbon dioxide emissions in the aerospace industry by electric drive.
LION Smart GmbH, a wholly owned subsidiary of LION E-Mobility AG, developed a battery application for maritime propulsion concepts as part of a customer project, which has now received official DNV GL certification. During the certification process, particular attention was paid to software functions, hardware design, electromagnetic compatibility and the safety of the overall system.