SINGULUS TECHNOLOGIES Develops new Solutions for the Production of
Solid-State Batteries

EQS-News: SINGULUS TECHNOLOGIES AG / Key word(s): Incoming Orders
SINGULUS TECHNOLOGIES Develops new Solutions for the Production of
Solid-State Batteries

25.04.2024 / 08:30 CET/CEST
The issuer is solely responsible for the content of this announcement.

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Press release

SINGULUS TECHNOLOGIES Develops new Solutions for the Production of
Solid-State Batteries

Kahl am Main, April 25, 2024 - SINGULUS TECHNOLOGIES has received a
development order for production equipment that will be used for specific
production processes of new solid-state batteries and contribute to an
efficient manufacturing process. SINGULUS TECHNOLOGIES is in a unique
position to develop this technology thanks to its many years of experience
and expertise in the development of systems for surface treatment and
coating of products with high precision and efficiency. This order
represents a significant milestone for the company, especially in times of
growing environmental awareness and resource conservation.

Conventional lithium-ion batteries are reaching the limits of their possible
energy density, while at the same time the demand for more powerful energy
storage systems is increasing.

Solid-state batteries promise a new era of energy storage. Thanks to the use
of innovative materials and process technologies, they offer a 30% higher
energy density, longer service life and faster charging times. SINGULUS
TECHNOLOGIES uses its expertise in surface technology to industrialize the
production of solid-state batteries. Dr. Stefan Rinck, CEO of SINGULUS
TECHNOLOGIES, explains: "We are developing and building a production system
with innovative process technology that will make a significant contribution
to the manufacture of the new solid-state batteries. This application offers
our company a promising perspective with considerable growth potential." The
new solid-state batteries have the potential to significantly improve the
charging speed, costs and, in particular, the range of electric cars and to
develop into a global market. Dr. Rinck continues: "We are ideally
positioned to drive this transformation forward and improve the production
and industrialization of solid-state batteries with our machines."

The production of solid-state batteries presents a number of technological
and engineering challenges. These include selecting and processing the right
materials, implementing specialized production processes, and ensuring
precise quality control during the manufacturing process. With its expertise
in surface technology, SINGULUS TECHNOLOGIES is well equipped to overcome
these challenges and offer innovative solutions for the production of such
solid-state batteries.

Thanks to their specific properties, solid-state batteries can increase the
range of electric vehicles and boost consumer acceptance. However, they can
also contribute to significant progress in development beyond
electromobility, for example in mobile devices, thanks to longer runtimes
and more compact designs. In the aerospace industry, they improve the
performance and safety of satellites, spacecraft, and unmanned aerial
vehicles. In stationary energy storage, they could also buffer renewable
energies such as solar and wind energy and ensure a reliable power supply.

Another key aspect is their improved safety compared to conventional
lithium-ion batteries. As they do not contain liquid electrolyte,
solid-state batteries have a lower risk of fire or thermal failure, which
protects both users and the environment. The use of solid electrolytes also
contributes to the longer life of solid-state batteries. This technology
allows for a greater number of charge and discharge cycles, which improves
the economy and sustainability of electric vehicles and other applications.

In addition, solid-state batteries offer the advantage of faster charging
times compared to conventional batteries. This faster charging performance
increases the efficiency and usability of electric vehicles and other
applications by reducing waiting times during charging and improving the
overall user experience.

Thin-Film Coating and Surface Treatment

SINGULUS TECHNOLOGIES develops and assembles innovative machines and systems
for efficient thin-film coating and surface treatment processes, which are
used worldwide in the Photovoltaics, Semiconductor, Medical Technology,
Packaging, Glass & Automotive as well as Battery & Hydrogen markets.

The company's core competencies include various processes of coating
technology (PVD sputtering, PECVD, evaporation), surface treatment as well
as wet-chemical and thermal production processes.

SINGULUS TECHNOLOGIES sees sustainability as an opportunity to position
itself with innovative products. In the focus are environmental awareness,
efficient use of resources and avoidance of unnecessary CO pollution.

SINGULUS TECHNOLOGIES attaches great importance to responsible and
sustainable corporate governance.

SINGULUS TECHNOLOGIES AG, Hanauer Landstraße 103,
D-63796 Kahl/Main, WKN A1681X / ISIN DE000A1681X5

Contact: Bernhard Krause, Corporate Communications, Tel.: +49 (0) 172 833
2224


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   Language:       English
   Company:        SINGULUS TECHNOLOGIES AG
                   Hanauer Landstrasse 103
                   63796 Kahl am Main
                   Germany
   Phone:          +49 (0)1709202924
   Fax:            +49 (0)6188 440-110
   E-mail:         bernhard.krause@singulus.de
   Internet:       www.singulus.de
   ISIN:           DE000A1681X5, DE000A2AA5H5
   WKN:            A1681X, A2AA5H
   Listed:         Regulated Market in Frankfurt (Prime Standard);
                   Regulated Unofficial Market in Berlin, Dusseldorf,
                   Hamburg, Hanover, Munich, Stuttgart, Tradegate Exchange
   EQS News ID:    1888937

End of News EQS News Service
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1888937 25.04.2024 CET/CEST