Dear Investors,

We’re pleased to share some excellent news. Our investments have paid off.

Between May 21st and 30th, our team traveled to China to expand our supply chain for E-Stream Energy's battery production. As a result, we are now able to supply up to 1.2 gigawatts of energy storage systems annually.

At an average price of €400 per kW/h, this translates to a potential order volume of €480 million.

Our energy storage systems are currently undergoing technical certification, which we anticipate will be completed later this year.

On the cell production side, we are proud to be working with two highly respected partners known for their quality and reliability: Goldencell and Cham.

We are also planning a joint venture to pursue larger scale projects particularly in automotive battery solutions based on our patented e.quikk technology.

The same applies to Elemaster, which is based in Milan and has had a  production facility for the final assembly of circuit boards in Shanghai for over a decade.

With the e.quikk technology, however, E-Stream should soon be able to issue  the first licenses for other business sectors such as the automotive industry.

Thank you for your continued support.