AKASOL AG was awarding another long-term follow-up order to the Darmstadt-based developer and manufacturer of high-performance and high-energy battery systems: From mid-2022 until at least 2024, the Company will supply its ultra-high-energy battery systems for use in the long-standing customer's new electric buses, with a total volume in the high double-digit-million-euro range. Should the extension option for the delivery of further battery systems come into effect by 2027, as already agreed in the contract, the order volume will rise to a low three-digit-million-euro amount. From 2022 onwards, AKASOL will deliver its ultra-high-energy battery systems with completely new technology to the major customer as part of the follow-up order that has now been placed. This will significantly boost the mileage range of the next generations of buses, due to what is currently the highest serial-produced energy density available on the market for commercial vehicle applications. With approx. 100 kWh per pack, the new ultra-high-energy battery system AKASystem AKM CYC has twice the energy density of the battery system generations previously supplied to the customer. Depending on the configuration installed, the system enables the highest range requirements in real operation of electric buses or trucks.