Net sales increased by 116 percent year-on-year
Freemelt delivered strong sales growth in the first quarter, with net sales increasing by 116 percent compared with the corresponding period last year. The increase was primarily driven by the execution of previously won orders and continued advancement in strategically important customer projects.

One machine order and three project orders during the quarter
Customer activity remained high throughout the quarter. Freemelt received one machine order and three project orders and ended the period with an order book of SEK 12 million and seven active customer projects across its key application areas. This provides a strong base for continued commercial progress and future order conversion.

Position in fusion further strengthened
Freemelt continued to strengthen its position in fusion energy through deeper collaborations and new project engagements in an application area with substantial long-term potential. The memorandum of understanding with Novatron Fusion Group and the project order from the UK Atomic Energy Authority are important milestones in the development from research-driven engagement toward future industrial application.

Positive start to the second quarter
Following the end of the quarter, Freemelt secured a follow-on order from a leading Swedish defense company covering proof-of-concept, continued development, and prototype manufacturing of components for defense applications. In addition, Freemelt received an order for its research machine Freemelt ONE from Sirris, Belgium’s leading independent R&D center for the technology industry.

Key figures Q1 2026

The full report is available as an attached PDF and at Freemelt’s website: https://freemelt.com/investors/financial-reports/

Freemelt will host a live webcast and Q&A on November 4 at 11:30 am CET. The webcast can be accessed via this link: https://www.finwire.tv/webcast/freemelt/q1-2026/
You can send your questions in advance through the link. The recording will be available afterward.