Stabilus S.A. drives forward motion control digitalization strategy and enters into partnership with technology company Synapticon
About Stabilus Stabilus is one of the world's leading providers of motion control solutions for customers across a broad spectrum of industries including mobility, health, recreation, furniture, energy, construction, industrial machinery and automation. With more than eight decades of demonstrated expertise, Stabilus offers reliable and innovative motion control solutions that enable, enhance and automate opening, closing, lifting, lowering and adjusting actions. The company's customized damping and vibration isolation technology protects against shocks, vibrations and noise. Employing a workforce of more than six thousand worldwide, the company has its operational headquarters in Koblenz, Germany. In the 2020 fiscal year, Stabilus has reported revenues of EUR 822.1 million. Stabilus has a global production network encompassing plants in eleven countries. Additionally, the Group maintains regional offices and relations to sales partners in over fifty countries in Europe, North and South America, as well as in Asia-Pacific. Stabilus S.A. is listed in the Prime Standard segment of the Frankfurt Stock Exchange and included in the SDAX index. www.stabilus.com
About Synapticon Synapticon, headquartered in Sch?naich near Stuttgart, Germany, with subsidiaries in Shanghai and Redwood City (Silicon Valley), develops and produces innovative software and hardware for sophisticated motion control in robotics and mechanical engineering.
The company miniaturizes high-performance drive technology and integrates formerly discrete components into highly compact electronic products for distributed motion control. Synapticon's technology replaces factors such as quality, smoothness and precision traditionally realized through mechanical value creation with algorithms, powerful processors and power electronics as well as easy-to-use intelligent tools. This digitalization at the point of motion allows a substantial increase in performance, cost reduction and reduces the development complexity for automation products.
Many of the most innovative manufacturers of robots, automation components and machines use Synapticon to realize better products faster and achieve their most ambitious goals with a reliable and energetic supportive partner.www.synapticon.com
Important Notice This press release may contain forward-looking statements based on current assumptions and forecasts made by Stabilus Group management and other information currently available to Stabilus. Various known and unknown risks, uncertainties and other factors could lead to material differences between the actual future results, financial situation, development or performance of the company and the estimates given here.
07.10.2021 Dissemination of a Corporate News, transmitted by DGAP - a service of EQS Group AG.The issuer is solely responsible for the content of this announcement.The DGAP Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases. Archive at www.dgap.deLanguage: English Company: Stabilus S.A. 2, rue Albert Borschette L-1246 Luxembourg
Luxemburg Phone: +352 286 770 1 Fax: +352 286 770 99 E-mail: email@example.com Internet: www.stabilus.com ISIN: LU1066226637 WKN: A113Q5 Indices: SDAX Listed: Regulated Market in Frankfurt; Regulated Unofficial Market in Berlin, Dusseldorf, Hamburg, Hanover, Munich, Stuttgart, Tradegate Exchange EQS News ID: 1238924 ? End of News DGAP News Service