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Press release September 25, 2023

Exeger is now delivering Powerfoyle solar cells to its customers from Stockholm II

Exeger industrial-scale solar cell factory in Stockholm Sweden

The new state-of-the-art factory ensures operational redundancy and opens up for signing contracts with global multinational brands.

SEPTEMBER 22, 2023 – STOCKHOLM, SWEDEN – Swedish deep tech company Exeger announces that the first Powerfoyle® cells have been produced and delivered to customers from its new factory, Stockholm II.

The new industrial-scale factory is located in the Kista neighborhood of Stockholm, Sweden. Stockholm is a global hub for sustainable technology and industrial projects for the green transition, and Kista in particular is home to the largest information and communications technology cluster in Europe. Once fully scaled, Stockholm II will enable Exeger to produce up to 2.5 million m2 per year of its patented solar cells, making it one of Europe’s largest solar cell factories in terms of annual production capacity. The new factory adheres to Exeger’s ambitious environmental friendliness criteria, running on 100% renewable energy while emitting no toxic emissions from production. This has been accomplished using an existing structure that has been developed into a manufacturing site, further minimizing the carbon footprint of Stockholm II.

The new factory has been designed to expand in modular steps. This enables Exeger to optimize capital expenditure and enhance operational agility, allowing for a fast-paced increase in production capacity to meet the growing market demand for Powerfoyle. ABB and Quant have been two key partners in the successful scaling of Stockholm II. Swedish industrialization and manufacturing expert ABB have been a partner in the robotization of both production sites. The global leader in industrial maintenance, Quant, have focused on maximizing up-time to facilitate shipment to customers during this scale-up phase. Both ABB and Quant will remain important partners going forward.

Establishing redundancy is important for a variety of reasons. With both sites operational, Exeger can cater to global market leaders with order volumes exceeding the stand-alone capacity of Stockholm I. The ability to deliver solar cells from two separate factories ensures reliable deliveries to customers. Over time, Stockholm II will have ten times the production capacity of Stockholm I and become the main mass-production facility. Stockholm I will then support with production and become a cutting-edge research and development center with industrial-scale machines to swiftly scale lab results into commercial solar cells.

Giovanni Fili, CEO and Founder of Exeger, comments, “Witnessing the first Powerfoyle cells shipped from Stockholm II made me very proud of the whole team. Officially starting production at our second factory has been a huge step in our journey, enabling us to secure contracts with some of the world’s largest companies. Producing at this scale, with world leading companies as customers, will make Powerfoyle the new standard for sustainability and convenience in electronics. To put it into perspective, if the whole Stockholm II production was dedicated to remote control solar cells, that could substitute over one billion batteries, having a huge impact on the environment.”

“Officially starting production at our second factory has been a huge step in our journey, enabling us to secure contracts with some of the world’s largest companies. “

Giovanni Fili, CEO and Founder of Exeger

Since the announcement of the factory in 2021, Exeger has launched five new Powerfoyle-integrated products. The latest being the self-charging speakers, Urbanista Malibu, which won 21 “Best of” at IFA in September. Additional products are the self-charging headphones: adidas RPT-02 SOL, which is a groundbreaking pair of solar powered headphones withinfinite battery life, and Urbanista Los Angeles and Phoenix, which are the world’s first self-charging headphones and true wireless earphones respectively. In this time, Exeger has also announced four commercial partnerships with brands utilizing its indoor platform, Powerfoyle™ Indoor, which is specifically designed to maximize efficiency of products in the Internet of Things (IoT) sector. These include SES Imagotag, Tech4home, Omni Remotes and OHSUNG Electronics. Powerfoyle Indoor was awarded honoree status in two categories – Sustainability, Eco-Design & Smart Energy, and Embedded Technologies – at the Consumer Electronics Show (CES) 2023. Exeger has also been awarded three Red Dot Design Awards and has accrued a total of nine new tech partners.

About Exeger

Exeger is a Swedish company with a unique solar cell technology that converts all forms of light into electrical energy. This material, Powerfoyle, is the world’s only fully customizable solar cell. With its superior design properties, it can be integrated seamlessly into any electronic device.

Powerfoyle enhances every product it is integrated into with extended or even unlimited battery life, putting the power of cutting-edge solar cell technology directly in the hands of people. Exeger is leading the way to energy independence through more sustainable and user-friendly products – with the vision to touch the lives of a billion people by 2030.

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Published September 25, 2023