Freemelt wins a SEK 28 million order from the European Spallation Source for 7,000 tungsten components, marking a significant milestone for its industrial manufacturing division.
Freemelt has secured a significant SEK 28 million contract with the European Spallation Source (ESS) to manufacture 7,000 tungsten components, serving as a critical validation of the company's E-PBF technology and industrial manufacturing capabilities. This order not only provides revenue visibility through 2027 but also establishes a potential recurring revenue stream, as the tungsten components in the ESS target wheel system require periodic replacement due to their finite operational life.
The order is valued at SEK 28 million.
Deliveries are scheduled over a 14-month period, with the majority of the 7,000 components planned for delivery in 2027.
Tungsten is chosen for its high melting point, thermal conductivity, and resistance to thermal, mechanical, and radiation-related stresses.
Freemelt Holding AB has landed a SEK 28 million contract to supply 7,000 tungsten components to the European Spallation Source (ESS). The order, which spans a 14-month delivery window, validates the company's E-PBF technology and industrial manufacturing strategy. Management expects the project to bolster its position in the advanced metal components market while highlighting potential for recurring future demand.
The order validates Freemelt's expanded strategy, proving that its E-PBF technology and manufacturing capabilities meet the high-performance requirements of major research infrastructures.
Tungsten is chosen for its high melting point, thermal conductivity, and resistance to extreme thermal, mechanical, and radiation-related stresses.