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Stock impact report

FREYR Battery Selects NTE Process as Equipment Supplier

FREYR Battery, Inc. (FREY) 
Company Research Source: Business Wire
NEW YORK, OSLO, Norway & LUXEMBOURG--(BUSINESS WIRE)--FREYR Battery (NYSE: FREY) (“FREYR”), a developer of clean, next-generation battery cell production capacity, has awarded an agreement to Italy-based NTE Process to supply a complete and integrated drying and powder handling system for FREYR’s planned battery cell Gigafactory in Norway, known as Giga Arctic.This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20220908005598/en/Signing ceremony, NTE and FREYR Battery at Lysaker office, Oslo, Norway. (Photo: Business Wire)NTE Process is a service-oriented industrial automation and bulk material handling company that delivers custom solutions to their partners. With NTE Process’ automated solution for drying and powder handling, FREYR aims for safe, consistent, and properly contained powder transfer procedures in the manufacturing process. NTE Process is currently delivering solutions for FREYR’s Customer Qualification Plant (“ Show less Read more
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