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Informative and interesting

Here you can find the latest press releases about Voltabox and its products. Would you like to write about the company? Do you need press materials such as photos and logos or a company statement? Contact our press and media department:

Brigitte Frers 

Phone: +49 5250 9930-942
Fax: +49 5250 9930-901
Cell: +49 171 8953193

paragon Subsidiary Voltabox Receives New Major Order for Lithium-Ion Battery Modules

  • Major client issues order for total energy content of 10 megawatt hours (MWh
  • Traction batteries based on proven lithium-nickel-manganese-cobalt-oxide technology (NMC)
  • Production on new, highly automated assembly line at Delbrück site
  • Delivery in current fiscal year

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paragon AG once again grows faster than the market in 2016 and targets further acceleration

  • Consolidated revenue breaks € 100 million mark at € 103 million
  • Electromobility revenue doubles to nearly € 14 million
  • EBITDA leaps to € 16 million; EBIT margin rises to 9 percent
  • Equity ratio at 30 percent due to capital increase (prior year: 21 percent)
  • Forecast for 2017: Revenue of € 120 to 125 million – with an EBIT margin of 9.0 to 9.5 percent and € 27 million in investments

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Congratulations! Mitch Medford and his Zombie 222 Mustang on setting a new World Speed Record powered by Voltabox Li-Ion Battery System

  • Location: Texas Mile
  • Date: October 28, 2016
  • New World Record: 178mph
  • Next challenge: 200mph

paragon AG Supports KUKA with Voltabox Batteries for Automated Guided Vehicles

  • paragon subsidiary Voltabox GmbH and KUKA Roboter GmbH agree on long-term framework agreement
  • Use of products possible in several areas (e.g. automotive industry)
  • Voltabox to deliver first 96V batteries in the first quarter of 2017

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paragon AG grows significantly faster than the market in the first six months thanks to electromobility

  • Consolidated revenue up by 9.4% to € 48.8 million (prior year: € 44.6 million).
  • With a contribution of € 4.5 million, electromobility subsidiary Voltabox now accounts for 9.3% of consolidated revenue (prior year: € 1.3 million with a 3.0% share of revenue)
  • EBITDA increases slightly to € 6.8 million (prior year: € 6.7 million).
  • EBIT margin of 7.2% (prior year: 8.6%)
  • Wachstumstreiber für die paragon AG
  • Revenue and earnings forecast for the current fiscal year confirmed

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paragon AG opens up new market segment for Voltabox subsidiary via strategic partnership with leading mining equipment and services provider

  • Exclusive strategic partnership with leading mining equipment and services provider Joy Global Inc.
  • Voltabox of Texas, Inc. to develop smart battery systems for various mining equipment
  • First deliveries of complex battery systems planned for fiscal year 2017
  • Global trend towards climate-friendly electromobility now top growth driver at paragon AG

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paragon forecasts further revenue and EBIT growth for 1016

  • Consolidated Group revenue to grow by around 8% and cross the € 100 million mark
  • EBIT margin of approx. 90/o expected
  • Electromobility as key growth driver
  • lnternationalization: battery systems in the US and air quality in China
  • Highpoint of investment phase now passed
  • Further jump in revenue signaled for 2017

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paragon opens first plant in China

  • Opening ceremony with many politicians, local business Ieaders, and customers as guests
  • Launch of production at German lndustrial Park in Kunshan
  • Air Quality Sensor AQS first product to roll oft assembly lin
  • From 2016 battery systems also to be assembled for the Chinese market
  • Synergy effects from proprietary Iithium ion battery cells expected in future

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paragon Group with jump in revenue and earnings in first half of 2015

  • Half-year revenue rises year-on-year by 18.2% to € 44.6 million
  • EBIT margin more than doubles to 8.60/o
  • Substantial increase in operating cash flow to € 8.0 million (previous year: € 0.1 million)
  • Large-scale serial order worth € 72 million acquired for starter batteries
  • Impressive confirmation of revenue and earnings forecast for 2015

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