Company Blog
LION Smart gets first private investor, Bombardier executive joins advisory board
FOR IMMEDIATE RELEASE
Monday, April 27, 2009
LION Smart gets first private investor, Bombardier executive joins advisory board
MUNICH, Germany - Lithium-ion battery tester and developer LION Smart has closed its first private placement. The new financing boosts company equity to 100,000 euros and includes an injection of capital from an outside investor.
Separately, the company has welcomed its first advisory board member, Martin Ertl, Chief Innovation Officer at Bombardier Transportation in Berlin.
Mr. Ertl will advise LION Smart on various aspects of its business and in the way it carries out its business plan.
He has extensive work experience with companies such as AUDI AG and BMW Group. He is currently crafting Bombardier Transportation's sustainable innovation strategy.
"We look forward to working with Mr. Ertl. His profile is an excellent fit for the LION Smart team," said LION Smart CEO, Daniel Quinger.
The construction of LION Smart's high-tech-battery laboratory is continuing according to plan. Starting in June 2009, the company will have eight test channels available for lithium-ion batteries from automotive applications.
About LION Smart
LION Smart is an engineering service company for original equipment manufacturers (OEMs) and suppliers of the automotive industry as well as for additional industries.
As a spin-off of the Technical University of Munich, the company operates test facilities and test laboratories for electric storage devices. LION Smart also offers advisory services in lithium-ion storage technology, and it is performing promising research in this field.
Contact information
Europe
Daniel Quinger
Office: + 49 (0) 8152 937 0024
Cell: + 49 (0) 173 362 2204
Email: daniel.quinger@lionsmart.com
Internet: www.lionsmart.de
North America
Harald Seemann
Office: + 1 416 546 0896
Cell: + 1 416 879 1989
Email: harald.seemann@lionsmart.com
Internet: www.lionsmart.com
Article written on: 2009/04/27, 07:17
Topics
Newsletter subscription
For current information about LION Smart and the eCar industry, please enter your name and email in the field below:
Please activate Javascript to submit this Form!
All data will be treated in strictest confidence.