Oslo, 2 April 2024 – Xplora Technologies AS ("Xplora") today announced it has entered into a new sales agreement with Freenet AG ("Freenet"), a German telecommunications and digital service provider.
The Xplora Premium Service will be bundled as an add-on service with Freenet’s mobile subscription. This agreement expands Xplora’s Premium Service platform in the German market and adds a new recurring service revenue stream. Xplora has received an initial purchase order of more than NOK 30 mill (30,000 smartwatches), to be delivered over the next 12 months.
The launch of this cooperation is scheduled for Q3 2024, marking a significant step forward in Xplora’s commitment to diversifying its service offerings and revenue streams.
For further information please contact:
Sten Kirkbak, CEO +47 922 03 710, sten.kirkbak@xplora.com
Knut Stålen, CFO +47 920 43 458, knut.stalen@xplora.com
About Xplora Technologies AS:
Xplora is a platform and services company and an industry leader in the market for children’s smartwatches. Xplora was founded to give children a safe onboarding to the digital life and a better balance between screen time and physical activity. Xplora’s vision is to enable children around the world to experience how their everyday activities can create value and make a positive change in the world. The company is headquartered in Norway with operations in leading European markets. Xplora is listed on Euronext Growth under the ticker symbol XPLRA.
About Freenet AG:
Freenet AG is a leading provider in the telecommunications and digital service sector, focusing on delivering a seamless digital lifestyle to its customers. Prioritizing a customer-centric approach, the company offers innovative internet and mobile solutions, underpinned by a strong commitment to sustainability and social responsibility. Operating out of Germany, Freenet AG is dedicated to enhancing digital connectivity and experience for users across various platforms.
Xplora Technologies AS partners with leading German telecommunication and digital service provider
