Realfiction secures SEK 7 million revenue from first commercial DPT agreement
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Beskrivning
| Land | Sverige |
|---|---|
| Lista | First North Stockholm |
| Sektor | Handel & varor |
| Industri | Sällanköpsvaror |
Realfiction Holding AB (“Realfiction” or “the Company”) has entered into an agreement for its Directional Pixel Technology (DPT) with an undisclosed customer. This agreement secures SEK 7 million in revenue, thanks to the successful delivery and approval of a custom-tailored proof of concept.
Realfiction developed this proof of concept using its proprietary DPT to address the specific requirements of the customer. After thorough testing, specialists from the customer confirmed that the solution meets the required specifications.
"This agreement is a significant milestone for Realfiction," said Clas Dyrholm, CEO and co-founder of Realfiction. "Today marks our first commercial agreement and our first DPT-related revenue from a commercial customer. We will continue our discussions with this customer and additional potential partners, and foresee an exciting future for Realfiction and DPT. We expect to receive payment of the SEK 7 million in the fourth quarter of 2024. “
For more information about Realfiction Holding AB, please contact:
Clas Dyrholm, founder and CEO
Telephone: +45 25 22 32 81
Email: clas@realfiction.com
www.realfiction.com
Certified Adviser
Mangold Fondkommission AB is the company's Certified Adviser and can be contacted via ca@mangold.se or +46 8 503 015 50.
This information is information that Realfiction Holding is obliged to make public pursuant to the EU Market Abuse Regulation. The information was submitted for publication, through the agency of the contact persons set out above, at 2024-09-04 09:55 CEST.
About Realfiction Holding AB
Founded in Denmark in 2008, Realfiction is a provider of cutting-edge 3D display technologies designed for tomorrow’s needs, featuring technological breakthroughs with its Directional Pixel Technology for LCD, OLED and microLED. These technologies support a wide range of use cases, including enhancing driving safety, medical imaging, immersive gaming and entertainment, digital signage, as well as applications in architecture, engineering, and design. The Company offers a comprehensive intellectual property portfolio tailored for OEMs and Tier-1 partners involved in developing and marketing displays for markets and industries requiring high-resolution multistereoscopic displays. All technologies are ready for licensing, and Realfiction is actively pursuing commercial licensing agreements and partnerships to pave the way to mass production. Realfiction's patent portfolio comprises 15 patent families with applications filed in multiple countries. Realfiction Holding AB’s shares are publicly traded on Nasdaq Stockholm First North under the symbol “REALFI”, with the share’s ISIN code being SE0009920994.