Alelion Energy Systems
Founded Year
2006Stage
IPO | IPOTotal Raised
$6.7MDate of IPO
6/21/2016Market Cap
0.00BAbout Alelion Energy Systems
Alelion Energy Systems is a Swedish company specialized in developing lithium ion batteries. The company's products and solutions are developed to reduce costs and energy consumption, and are primarily used by clients within the automotive and materials handling sectors. Alelion Energy Systems is a product and sales company, where the entire production process has been outsourced to external partners.
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Alelion Energy Systems Patents
Alelion Energy Systems has filed 8 patents.
The 3 most popular patent topics include:
- rechargeable batteries
- battery electric cars
- electric cars

Application Date | Grant Date | Title | Related Topics | Status |
---|---|---|---|---|
6/3/2020 | 11/21/2023 | Car classifications, Car body styles, Energy storage, Automobile layouts, Rechargeable batteries | Grant |
Application Date | 6/3/2020 |
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Grant Date | 11/21/2023 |
Title | |
Related Topics | Car classifications, Car body styles, Energy storage, Automobile layouts, Rechargeable batteries |
Status | Grant |
Latest Alelion Energy Systems News
Aug 15, 2023
Alelion Energy Systems AB Completed rights issue and investments in new technology In July, the rights issue resolved upon by the Annual General Meeting on June 16, 2023, was completed. The issue was 71.3 percent guaranteed, but only a smaller percentage (about 1 percent) of the guarantors received allotment. Through the rights issue, the company raised MSEK 54.8 before issuance costs, which means that the planned repayment of bridging loans proceeds while we pursue a long-term plan for financing of future initiatives and operating capital. Net sales decreased during the quarter, to MSEK 18.8 (24.1). The lower net sales are attributable to component shortages, which this quarter affected our own production. The effort to secure the supply of components has been the focus, and planned dispatches will be delivered during the second half of 2023. The delayed dispatches amount to approximately MSEK 40. All received orders remain in place. The second quarter 2023 in brief Net sales decreased to MSEK 18.8 (24.1) Order intake amounted to MSEK 0.0 (0.0) Operating costs for personnel, other external charges and depreciation decreased to MSEK -23.2 (-24.8) Operating income amounted to MSEK -12.5 (-16.4) Net profit or loss amounted to MSEK -14.0 (-18.8) Cash flow from operating activities amounted to MSEK -15.0 (-19.6) Significant events during the quarter Alelion engages in a cooperation project on aeronautics innovation—AI Factory for Aviation—with Saab and Luleå University of Technology. The parties are aiming to co-develop an AI solution for evidence-based decision-making during operation and maintenance of aircraft. The key word for the AI Factory for Aviation project is ‘asset management’, to identify data-driven models with a view to operate and maintain conventional and electric aircraft and airport infrastructure in the best possible way. Alelion strengthens its patent portfolio. The European Patent Office (EPO) has granted Alelion's patent relating to grid stabilization. The patent is an addition to Alelion's patent portfolio in Energy Management, which, among other things, covers technology for distributed stabilization of grids and batteries in electric cars, home environments and industrial applications. Significant events after the end of the period The company carried out a rights issue, which was finalized on July 10, 2023. The rights issue provided the company proceeds of MSEK 54.8 before issuance costs. Alelion has acquired a platform for data analysis developed by Nortical, a company that earlier this year filed for bankruptcy. The platform is cloud-based and the purpose is to effectively manage large amount of battery data. This disclosure contains information that Alelion Energy Systems AB is obliged to make public pursuant to the EU Market Abuse Regulation (EU nr 596/2014). The information was submitted for publication, through the agency of the contact person, on 15-08-2023 08:30 CET. CEO Åsa Nordström +46 702 90 18 58, email: asa.nordstrom@alelion.com email: christian.bergaust@alelion.com email: alf@blomqvistunlimited.com About Alelion Energy Systems AB (publ) Alelion is a lithium-ion technology solution provider and developer and manufacturer of battery systems. Alelion makes clients succeed with their electrification of off-highway vehicles and transformation to more sustainable use of energy. Alelion is making investments to stay at the forefront and offers the latest proven technology, tailored to the specific needs of its customers and end users. Alelion is headquartered in Gothenburg, Sweden. Alelion’s share is traded on Nasdaq First North Growth Market (ALELIO). We give the power to take climate action. Alelion’s major owners are Fouriertransform, Blomqvist Listed Sustainability and Navigo Invest AB (prev. Pegroco Holding). The company’s share (ALELIO) is traded on Nasdaq First North Growth Market, Stockholm, with G&W Fondkommission as Certified Adviser. Alelion Energy Systems AB
Alelion Energy Systems Frequently Asked Questions (FAQ)
When was Alelion Energy Systems founded?
Alelion Energy Systems was founded in 2006.
What is Alelion Energy Systems's latest funding round?
Alelion Energy Systems's latest funding round is IPO.
How much did Alelion Energy Systems raise?
Alelion Energy Systems raised a total of $6.7M.
Who are the investors of Alelion Energy Systems?
Investors of Alelion Energy Systems include IKEA, Fouriertransform and Pegroco Invest.
Who are Alelion Energy Systems's competitors?
Competitors of Alelion Energy Systems include CellCube.
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