2019-03-05
Exeger Operations AB
SoftBank Group Corp.
SB Energy Corp.
[Tokyo/Stockholm] SoftBank Group Corp. (“SBG”) and Exeger Operations AB (“Exeger”) today announced entry into a definitive agreement under which SBG invests $10 million in Exeger. In a related development, SB Energy Corp. (“SB Energy”), a Japanese subsidiary of SBG, and Exeger entered into a strategic partnership agreement to accelerate the global rollout of the Exeger technology.
The Exeger solar cell works efficiently in ambient light conditions, in both artificial and natural light, with the potential to enable self-powered devices. Exeger intends to change the perception of available energy by integrating the solar cell into mass market products. It is the only solar cell that can be printed in free-form and different colors, allowing it to seamlessly enhance any product with endless power.
SBG has the right to nominate a director for appointment to Exeger’s board of directors. SB Energy intends to partner with Exeger to accelerate the global launch of this ultra-thin, flexible solar cell and open up a wider array of new Exeger powered products within the SoftBank group ecosystem.
“The development of this innovative technology, which can convert any light into energy that can be used in any way, will dramatically transform people’s lifestyles and behaviours,” said Shigeki Miwa, General Manager of CEO Project Office and Representative Director & CEO of SB Energy Corp. “The SoftBank Group is extremely happy to be able to collaborate with Exeger, which has this amazing technology, to promote the fusion of energy and technology and help realize a more convenient and comfortable society.”
“I am extremely proud that the boldest visionary in the world has identified Exeger as a global key enabling technology company. SBG, with its global reach and vast resources, is the perfect partner to fully exploit the potential of our technology. Together we will change people’s perception of available energy now that any surface exposed to light can be power generating. We will use this initial SBG investment to accelerate commercialization across multiple markets.” says Exeger’s Founder & CEO Giovanni Fili.
Brinellvägen 32
SE-114 28
Stockholm, Sweden
Brinellvägen 32
SE-114 28
Stockholm, Sweden
Brinellvägen 32
SE-114 28
Stockholm, Sweden
Brinellvägen 32
SE-114 28
Stockholm, Sweden
Exeger Operations
Exeger Operations
Exeger Operations
Exeger Operations
Copyright © 2019 Exeger Operations AB, Stockholm Sweden, All Rights Reserved
Copyright © 2019 Exeger Operations AB, Stockholm Sweden, All Rights Reserved
Copyright © 2019 Exeger Operations AB, Stockholm Sweden, All Rights Reserved
Copyright © 2019 Exeger Operations AB, Stockholm Sweden, All Rights Reserved
This website uses cookies to improve your experience while you navigate through the website. Out of these cookies, the cookies that are categorized as necessary are stored on your browser as they are essential for the working of basic functionalities of the website. We also use third-party cookies that help us analyze and understand how you use this website. These cookies will be stored in your browser only with your consent. You also have the option to opt-out of these cookies. But opting out of some of these cookies may have an effect on your browsing experience.
Necessary cookies are absolutely essential for the website to function properly. This category only includes cookies that ensures basic functionalities and security features of the website. These cookies do not store any personal information.
Any cookies that may not be particularly necessary for the website to function and is used specifically to collect user personal data via analytics, ads, other embedded contents are termed as non-necessary cookies. It is mandatory to procure user consent prior to running these cookies on your website.