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Kontron AG: Kontron announces two design wins in the field of energy management amounting to a total of EUR 25 million

EQS-News: Kontron AG/ Key word(s): Development of Sales Kontron AG: Kontron announces two design wins in the field of energy management amounting to a total of EUR 25 million 23.10.2023/ 07:00 CET/CEST The issuer is solely responsible for the content of this announcement. Linz,October 23, 2023– Kontron

Monday, 23rd October 2023

EQS-News: Kontron AG / Key word(s): Development of Sales
Kontron AG: Kontron announces two design wins in the field of energy management amounting to a total of EUR 25 million
23.10.2023 / 07:00 CET/CEST
The issuer is solely responsible for the content of this announcement.

Linz, October 23, 2023 – Kontron is pleased to announce two design wins with combined lifetime revenues of approximately EUR 25 million, Kontron will support its customers with solutions in the field of energy management.

For the first design win, Kontron will supply control systems for gas-powered engines capable of generating up to 10 MW per machine. The generators ensure a reliable energy supply for critical infrastructure, including hospitals and police facilities. In the event of a main supply interruption, these generators automatically take over the energy provision. Revenues amount to around EUR 15 million over a five-year period.

The second design win comes from an existing long-term customer in the energy management area who will equip a second product line with Kontron technology. The leading company in the energy management industry manufactures automation components for industrial drive control applications. In this project, Kontron’s customized system control center handles up to 100 drives, each operating at a different and changing speed as needed. The solution prolongs the lifecycle of an existing application for approximately 3 to 5 years. Lifetime revenues amount to EUR 10 million, spanning over 5 years.

Kontron has extensive experience in delivering critical solutions to the energy sector. Many energy providers rely on Kontron's solutions. In addition to guaranteed long-term availability Kontron offers long-term services and global technical support for the systems.

For more information on our smart energy solutions please visit: Energy | Kontron Embedded Computers

 

About Kontron

Kontron AG (www.kontron.com, ISIN AT0000A0E9W5, WKN A0X9EJ, KTN) is a leading IoT technology company. For more than 20 years, Kontron has been supporting companies from a wide range of industries to achieve their business goals with intelligent solutions. From automated industrial operations, smarter and safer transport to advanced communications, medical and energy solutions, the company delivers technologies that add value for its customers. Kontron is listed on the SDAX® and TecDAX® of the German Stock Exchange and has around 4,500 employees with subsidiaries in more than 20 countries around the world.
 

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Media Contact

Barbara Jeitler

Kontron AG – Investor Relations

Tel: +43 (1) 80191 1199

ir@kontron.com
 

Alexandra Kentros

Kontron AG - Communications

Tel: +49 151 151 9388 149

group-pr@kontron.com
 

Jan Lauer

Profil Marketing OHG

Tel: +49 (531) 387 33-18

kontron@profil-marketing.com

 

 

 

 

All rights reserved. Kontron is a trademark or registered trademark of Kontron AG. All data is for information purposes only and not guaranteed for legal purposes. Information in this press release has been carefully checked and is believed to be accurate; however, no responsibility is assumed for inaccuracies.



23.10.2023 CET/CEST Dissemination of a Corporate News, transmitted by EQS News - a service of EQS Group AG.
The issuer is solely responsible for the content of this announcement.

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