IBU-tec Lands Major EUR 6 Million Order with PowerCo SE

IBU-tec advanced materials AG has secured a significant order from PowerCo SE worth EUR 6 million. The agreement focuses on developing an industrialization concept for LFP precursor production using spray drying technology. This project aims to optimize production while reducing both capital expenditure (CAPEX) and operating expenses (OPEX).

The deal will see approximately 75% of its financial gains recognized within the current year. This development marks an intensification of the collaboration between IBU-tec and PowerCo, which began in 2024. The strengthened partnership aims to advance industrial-scale development projects in the electric vehicle sector.

Jörg Leinenbach, CEO of IBU-tec, expressed enthusiasm for the order, noting that it enhances their dialogue with the international cell manufacturer. He emphasized the burgeoning potential of this collaboration.