Ad hoc: LION E-Mobility AG: LION Smart GmbH receives public grant in electric aviation research project
Freitag, 13.01.2017 15:50 von DGAP
DGAP-Ad-hoc: LION E-Mobility AG / Key word(s): Alliance/Miscellaneous
LION E-Mobility AG: LION Smart GmbH receives public grant in electric
aviation research project
13-Jan-2017 / 15:46 CET/CEST
Disclosure of an inside information acc. to Article 17 MAR, transmitted by
DGAP - a service of EQS Group AG.
The issuer is solely responsible for the content of this announcement.
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Garching, Germany - January, 13th 2017 - LION Smart GmbH, a subsidiary of
LION E-Mobility AG has received approval for a 300.150 Euro grant by the
Bavarian government. The amount equals 65% of its overall project volume of
471.700 Euro and will be paid over the years 2017-2019. The project, led by
Airbus an involving renowned companies aims at improving battery safety in
aircraft, LION Smart's share being to provide the research consortium with
an adequate BMS design and a BMS demonstrator for safe energy storage for
aviation.
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Information and Explanation of the Issuer to this News:
About LION E-Mobility AG
LION E-Mobility AG (WKN: A1JG3H, Ticker: LMI, Reuters: LMIG.MU) is a Swiss
Holding with strategic investments in the e-mobility sector, particularly
in the field of electric energy storage as well as battery pack development
and management. The Company holds 100% of the German LION Smart GmbH, a
development and engineering company specialized on custom designed battery
packs and battery-management-systems. LION Smart GmbH further holds a 30%
stake of the TÜV SUED Battery Testing GmbH, a dynamically growing joint
venture with the renowned TÜV SUED AG. Members of the Board of Directors
are: Mr. Daniel Quinger (President of the Board), Mr. Tobias Mayer, Mr.
Hany Magour, Dr. Isolde Semm and Mr. Martin Specht. The Management of LION
Smart GmbH consists of Mr. Tobias Mayer and Mr. Walter Wimmer. The Managing
Director of the TÜV SUED Battery Testing GmbH is Mr. Christian Theeck. For
more information please visit our homepage: www.lionemobility.com
Disclaimer
This presentation contains forward-looking statements that involve a number
of risks and uncertainties, including statements that relate to, among
other things, the Company's objectives, goals, strategies, intentions,
plans, beliefs, expectations and estimates, and can generally be identified
by the use of words such as 'may', 'will', 'could', 'should', 'would',
'likely', 'expect', 'intend', 'estimate', 'anticipate', 'believe', 'plan',
'objective' and 'continue' (or the negative thereof) and words and
expressions of similar import. Although the Company believes that the
expectations reflected in such forward-looking statements are reasonable,
such statements involve risks and uncertainties, and undue reliance should
not be placed on such statements. Certain material factors
Investor Relations Contact:
Mr. Walter Wimmer
Email: ir@lionemobility.de
http://www.lionemobility.de
LION E-Mobility AG
Poststrasse 14
6300 Zug
Switzerland
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Language: English
Company: LION E-Mobility AG
Poststraße 6
6300 Zug
Switzerland
Phone: +41 (0)41 500 54 11
Fax: +41 (0)41 500 54 12
E-mail: info@lionemobility.de
Internet: www.lionemobility.com
ISIN: CH0132594711, CH0132594711
WKN: A1JG3H , A1JG3H
Listed: Regulated Unofficial Market in Hamburg, Munich (m:access);
Open Market in Frankfurt
End of Announcement DGAP News Service
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536345 13-Jan-2017 CET/CEST