“Svelland Capital’s investment confirms ADS-TEC Energy’s strategic direction and technological leadership in the field of decentralized battery buffered solutions. The successful completion of this private investment will strengthen ADS-TEC Energy’s financial position and provide the company with increased flexibility to execute strategic initiatives and secure profitable opportunities. Our 2023 fourth quarter is expected to be the strongest in the history of the company, both in terms of revenues and margins. We are confident this trajectory will continue throughout 2024,” company management continued.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>