Svenska Aerogel Holding AB (Svenska Aerogel) is listed on Nasdaq First North with the first day of trading December 20th2016. After being a research and development company the next step for Svenska Aerogel is now to become a commercial enterprise with demanded and competitive products.
Svenska Aerogel developpes and commercializes Quartzene®, a material produced with a flexible, environmentally friendly and cost-effective manufacturing method. The method differs significantly from traditional manufacturing of aerogel, and cost savings opens up a large number of new applications. Inititally, Quartzene® will mainly be developed within three areas:
The strategy for Svenska Aerogel is based on close cooperation with industrial partners to develop new applications where the versatile properties and low production for Quartzene® enables industrial production. Svenska Aerogel can either produce Quartzene® to customers who use the material in their own products and then sell or distribute it on to their end customers. Another option is a licenced agreement for the production technology
Svenska Aerogel has been classified as a Climate Solver by WWF for the potential to dramatically affect the total insulation market and contribute to global energy savings and reduction of CO2 emissions.
"It is especially exciting for an innovative materials technology company to be among the best in the world with a material that can be used in multi-billion dollar industries – and at the same time helping to create a sustainable world," says CEO Anders Lundström.
The company description, as preparation for the listing approved by Nasdaq, is from today available at the website. www.aerogel.se.
Svenska Aerogel Holding AB will be traded under the shortname AERO. The ISIN code for the shares is : SE0008212161.
The appointed Certified Adviser on Nasdaq First North is FNCA Sweden AB and the Liquidity Provider is Pareto Securities.
Our press releases are available at: www.aerogel.se
For further information contact:
Anders Lundström, CEO Svenska Aerogel Holding AB
+46 (0) 70 656 8042
Note: The English version of his press release is translated from the original written in Swedish. If in doubt about the content, the Swedish original will apply.