19.10.2016
paragon AG DE0005558696
DGAP-News: paragon AG Supports KUKA with Voltabox Batteries for Automated Guided Vehicles
DGAP-News: paragon AG / Key word(s): Miscellaneous
paragon AG Supports KUKA with Voltabox Batteries for Automated Guided
Vehicles
19.10.2016 / 12:45
The issuer is solely responsible for the content of this announcement.
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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
Delbrück, October 19, 2016 - paragon AG [ISIN DE0005558696] today announced
a long-term partnership between its Voltabox Deutschland GmbH subsidiary
and KUKA Roboter GmbH, a leading global manufacturer of industrial robots,
software and controllers.
KUKA AG is an international group with revenue of some EUR 2.1 billion and
approximately 12,000 employees around the world. As one of the leading
global providers of intelligent automation solutions, KUKA provides its
customers with a one-stop service for everything from components - the
robots - to cells to fully automated systems.
KUKA also offers modular manufacturing solutions for the industry of the
future. The KMP 1500 automated guided vehicle (AGV) is suited to car body
production facilities, for example, as it can independently transport the
car body through all stages of the process. The KMP 1500's entire power
supply will be provided by compact NMC battery packs (nickel-manganese-
cobalt-oxide) from Voltabox in the future.
"The networked production summarized under the term 'Industry 4.0' is an
ideal area of application for our Voltabox technology," says Klaus Dieter
Frers, founder and Chief Executive Officer of paragon AG, "which is why we
are so excited to have KUKA on board as another partner. The Voltabox
technology enables the efficient, stable and long-term use of KUKA's AGVs."
Further information is available at www.paragon.ag/en/investors. Follow us
on Twitter @paragon_ir
Company Profile
Listed in the regulated market (Prime Standard) of Deutsche Börse AG in
Frankfurt am Main, paragon AG (ISIN DE0005558696) develops, produces, and
sells innovative automotive electronics solutions. The portfolio of this
direct supplier to the automotive industry includes products in the
business segments of Sensors, Acoustics, Cockpit, E-mobility and Body
Kinematics. In addition to its headquarters in Delbrück (North Rhine-
Westphalia), paragon AG and its subsidiaries have locations in Suhl
(Thuringia), Nuremberg (Bavaria), St. Georgen (Baden-Württemberg), and
Bexbach (Saarland), as well as in Kunshan (China) and Austin (Texas, USA).
Financial Press Contact & Investor Relations
paragon AG
Dr. Kai Holtmann
Artegastraße 1
D-33129 Delbrück
Phone: +49 (0) 52 50 - 97 62-140
Fax: +49 (0) 52 50 - 97 62-63
E-Mail: [email protected]
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19.10.2016 Dissemination of a Corporate News, transmitted by DGAP - a
service of EQS Group AG.
The issuer is solely responsible for the content of this announcement.
The DGAP Distribution Services include Regulatory Announcements,
Financial/Corporate News and Press Releases.
Archive at www.dgap.de
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Language: English
Company: paragon AG
Schwalbenweg 29
33129 Delbrück
Germany
Phone: +49 (0)5250 97 62 - 0
Fax: +49 (0)5250 97 62 - 60
E-mail: [email protected]
Internet: www.paragon.ag
ISIN: DE0005558696, DE000A1TND93
WKN: 555869, A1TND9
Listed: Regulated Market in Frankfurt (Prime Standard); Regulated
Unofficial Market in Berlin, Dusseldorf, Hamburg, Munich,
Stuttgart, Tradegate Exchange
End of News DGAP News Service
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512803 19.10.2016
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