This press release is an English version of the previously published Swedish version, which has interpretive precedence.

Smoltek Nanotech Holding AB (publ) (“Smoltek” or the “Company”) announces that the company sees great potential in the German market and is considering strengthening its presence there to get closer to the market and potential customers.

Ellinor Ehrnberg, President of Smoltek Hydrogen, recently conducted a business trip to Germany where she identified several business opportunities and strategic areas for the company’s future expansion. During the trip, it became clear that Germany offers significant market potential for Smoltek’s technologies, which is now leading to considerations of increasing presence in the country.

“We see clear business opportunities and strong interest in our technology in the German market. An expanded presence in the country can help us better understand the market’s needs and create long-term relationships,” says Ellinor Ehrnberg.

Smoltek continues to explore the best opportunities to strengthen its position globally, with Germany playing a central role in the company’s future plans.

Read more about Ellinor Ehrnberg’s insights and experiences from the journey on Smoltek’s IR blog:
A German journey into the hydrogen future.

For further information:   
Ellinor Ehrnberg, President Smoltek Hydrogen AB  
Email: ellinor.ehrnberg@smoltek.com 
Telephone: +46 317 01 03 05
Website: www.smoltek.com/investors  

Smoltek develops new products with disruptive performance, based on nanotechnology, which solve advanced material engineering challenges in several industrial sectors. Today, the company operates in two business areas: semiconductors and hydrogen. Smoltek protects its unique carbon nanotechnology through an extensive patent portfolio consisting of more than 110 applied for patents, of which 92 are currently granted. The company’s share is listed on the Spotlight Stock Market under the short name SMOL. Smoltek is a development company and forward-looking statements regarding time to market, production volume and price levels are to be interpreted as forecasts and not commitments.