Freemelt (FREEM) Investor update summary

Financial and operational highlights

• Revenue increased 162% year-over-year, with 42 machines deployed as of March end.

• Over 30 paid customer projects since 2024, focused on serial production applications.

• New chapter aims to scale by integrating 3D printing with finishing, machining, and quality control for certified parts.

• Addressable market estimated at EUR 41–51 billion, targeting MedTech, defense, and energy sectors.

• SEK 36 million warrant subscription launched to fund commercialization and pipeline growth.

Sector and customer developments

• Secured follow-on order from a leading Swedish defense customer and completed copper project with Saab.

• Fusion for Energy tungsten tile work progressing, with follow-on order from UKAEA.

• Two orthopedic OEMs running proof of concepts on eMELT industrial machine in MedTech.

• Collaboration with Saab includes research on copper and potential tungsten applications.

Technology and production strategy

• Technology validated for extreme materials like tungsten, copper, and titanium.

• Over 35 materials validated with customer collaboration.

• Initial tungsten parts production to be based in Gothenburg, with potential regional expansion.

• Differentiated go-to-market: machine sales to mature industries, part production for less mature sectors.