ADS-TEC Energy (NASDAQ: ADSE) shares were flat Tuesday. The company, claiming to be a global leader in battery-based energy storage and fast-charging systems, today announced the incorporation of ads-tec Energy Austria GmbH.
With its new presence in Austria, the company is not only expanding its footprint in the DACH region (Germany, Austria and Switzerland) but creating the foundation for more comprehensive customer support services across Central and Eastern Europe.
As part of its international growth strategy, ADS-TEC Energy established its sales and service company in Austria in April 2025. The new presence in Austria, located in Kötschach-Mauthen, not only expands the company's market position in the DACH region but also creates the basis for more in-depth local customer support.
ADS-TEC Energy Austria received its first order soon after its foundation: A framework agreement with an Austrian utility company for three large battery storage systems, each with a capacity of 5 MWh. This was accompanied by an order for a fast-charging EV system for the Austrian market. The first storage system is scheduled for delivery at the end of 2025 / beginning of 2026.
“The establishment of our Austrian entity is a strategically important step to be closer to our customers to make our technologies directly available locally. The fact that we are already experiencing such strong customer confidence in the first few weeks demonstrates the high demand locally for high-performance storage and charging solutions,” highlights CEO Thomas Speidel.
ADSE shares inched up six cents to $13.01.
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