Aug 1, 2022

HansaMatrix has concluded manufacturing contract with aquaculture industry customer in Nordics with expected 5 million EUR revenue in 3-year period

HansaMatrix has concluded a manufacturing contract and received a frame order in the amount of EUR 3 million for the production and delivery of aquaculture systems to a new customer in the Nordic countries in the industrial market sector. The volume of planned deliveries will reach EUR 5 million in three years, starting from the 3rd quarter of 2022.

Customer name according to the concluded non disclosure agreement remains confidential.

Previously, in February 2022, HansaMatrix reported on the first production order for the manufacturing and delivery of aquaculture systems to this customer, with the planned aggregate order volume in 3 years up to EUR 5 million.

The Management Board of HansaMatrix is pleased because the signed contract and received manufacturing order confirm the ability of the team to implement a growth strategy in electronic component shortage circumstances, to utilize the accelerating nearshoring trend of the production relocation closer to domestic countries to reduce the current instability and uncertainty of the global supply chains, and strenghthens market position of the Company in the region.