Freemelt’s investor update on June 2nd shed some light on the progress within the business verticals and the company’s path forward. The ambition to scale manufacturing services is now more pronounced and the opportunities appear very favorable. We believe manufacturing services will make up for a sizeable part of revenues within a couple of years, which is now reflected in our updated financial forecasts. Last week Freemelt received an order for two eMELT machines from US company Intalus amounting to SEK12m. This is obviously encouraging and the collaboration could expand in the coming years.
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