Welcome to our dedicated page for ADS-TEC Energy PLC news (Ticker: $ADSE), a resource for investors and traders seeking the latest updates and insights on ADS-TEC Energy PLC stock.
Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect ADS-TEC Energy PLC's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.
Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of ADS-TEC Energy PLC's position in the market.
Rhea-AI Summary
ADS-TEC Energy PLC appoints Renato Gross as Senior Vice President of ADSE Inc. to oversee growth and expansion in the US market. Gross brings decades of experience in production and sales, focusing on adapting EV charging products for the US market.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.38%
Tags
-
Rhea-AI Summary
ADS-TEC Energy plc (NASDAQ: ADSE) unveils ChargeBox, a battery-buffered, ultra-fast EV charging solution at Marina Palms in Miami. The technology allows for quick EV charging without major upgrades, revolutionizing EV adoption in large residential complexes.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.38%
Tags
-
Rhea-AI Summary
ADS-TEC Energy plc (NASDAQ: ADSE) appoints Dr. Andreas Fabritius, a Partner at Freshfields Bruckhaus Deringer, to its Board of Directors. Dr. Fabritius brings extensive experience in public and private M&A, corporate law, and international business, enhancing the company's growth potential and shareholder value.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.29%
Tags
Rhea-AI Summary
ADS-TEC Energy plc (NASDAQ: ADSE) announces the unveiling of its ultra-fast electric vehicle charging solution, ChargeBox, at Marina Palms Yacht Club and Residences in Miami. The event aims to showcase cutting-edge technology for large residential properties, making EV charging more accessible and efficient.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
8.45%
Tags
-
Rhea-AI Summary
NXT 50five, a joint venture between 50five and NXT Mobility, wins a tender to install and operate rapid charging stations in the Dutch provinces of Noord-Holland, Utrecht, and Flevoland. The project, part of the GP Groot initiative, aims to address network congestion in the MRA-E area by utilizing battery-buffered rapid charging solutions from ADS-TEC Energy. The installation of up to 200 rapid charging stations is underway, with the first nine stations in preparation. This initiative marks a significant step towards establishing a nationwide rapid charging network for electric vehicles in the Netherlands.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
8.45%
Tags
-
Rhea-AI Summary
ADS-TEC Energy partners with Caverion to expand fast-charging electric mobility infrastructure in Nordic countries, starting with Norway. The partnership aims to provide ultra-fast charging solutions without the need for grid expansion, catering to limited grid access and existing infrastructure. ADS-TEC products like ChargePost, ChargeBox, and C&I energy storage systems offer multi-stream revenue opportunities and efficient charging for electric vehicles.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
8.81%
Tags
Rhea-AI Summary
ADS-TEC Energy plc, with the ticker symbol ADSE, has announced preliminary unaudited financial results for the 3 and 12 months ended December 31st, 2023. The company reported a revenue of approximately EUR 107.4m, representing 306% growth over FY 2022, and exceeding stated guidance of EUR 100m. However, the Adjusted EBITDA for FY 2023 was approximately EUR -16.6m, compared to EUR -29.2m in FY 2022. The company ended FY2023 with approximately EUR 29.1m in cash. The fourth quarter 2023 revenue was approximately EUR 50.3m, with fourth quarter Adjusted EBITDA of approximately EUR 4.9m, representing the Company’s first profitable quarter. ADS-TEC Energy reiterates its FY24 guidance of approximately EUR 200m in revenues and positive EBITDA. The company experienced robust growth from both new and existing blue-chip customers, particularly in Europe, and plans to continue to grow its customer base in Europe and the U.S. in 2024.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
13.04%
Tags
-
Rhea-AI Summary
ADS-TEC Energy (NASDAQ: ADSE) announces a private investment by Svelland Capital, a distinguished energy sector investment company. The investment is expected to strengthen the company's financial position and drive growth in the EV-charging infrastructure industry.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.72%
Tags
-
Rhea-AI Summary
ADS-TEC Energy (NASDAQ: ADSE) has successfully implemented a high-performance energy storage system at Rhiienergie AG in Switzerland, paying for itself in just two years. The 1.25-megawatt battery power plant has been used for grid stabilization and support, impressing Rhiienergie with its reliability. The company is now planning to expand its storage capacity on a significantly larger scale.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
2.15%
Tags
Rhea-AI Summary
ADS-TEC Energy (NASDAQ: ADSE) installs Sweden’s largest large-scale battery storage solution in collaboration with Polar Structure AB and Stockholm Exergi, with a total capacity of over 20 MW. The installation features eight modular large-scale storage containers, external inverters, and grid-supporting services, providing a sustainable energy storage solution for the region.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.61%
Tags
ADS-TEC Energy PLC
Nasdaq:ADSE
ADSE Rankings
ADSE Stock Data
562.50M
18.20M
55.65%
12.82%
0.33%
Optical Instrument and Lens Manufacturing
Manufacturing
United States of America
Dublin