NCTE shares successfully listed on the Open Market of the Munich Stock Exchange (m:access)

• Capital market access secures financing for company to accelerate growth strategy
• Sensor solutions for future markets such as e-bikes, e-mobility, agricultural technology and Industry 4.0

Munich/Oberhaching, 10.10.2023: The shares of NCTE AG (“NCTE”), specialist for non-contact torque sensor technology, have been successfully listed on the Open Market of the Munich Stock Exchange (m:access) (ISIN: DE000A0LEZB2, WKN: A0LEZB, LEI: 391200V10BZQYPH4TC93).

With the listing on the stock exchange, the company is implementing an important milestone in its long-term growth strategy. The listing increases the company’s market visibility and enables investors to actively trade the shares of NCTE AG. The main objective is to enable capital increases in the long term.

Jürgen Uebbing, CEO of NCTE AG, says: “In recent years, NCTE has developed from a startup to a technology leader in the field of non-contact torque measurement. Our sensor solutions are revolutionizing various industries by enabling non-contact torque and force measurements in a wide range of applications. We have the clear goal of further accelerating our growth strategy worldwide in future markets such as e-bikes, e-mobility, agricultural technology and Industry 4.0. With the listing on the stock exchange, we secure the financing of the company and strengthen our strategy through greater flexibility with direct capital market access.”

NCTE is poised to grow globally in markets of the future

NCTE AG is a driving force in the field of sensor systems based on the principles of magnetoelasticity. In addition to standardized sensors for test bench and test applications, NCTE’s focus is on highly integrated customized solutions that are specifically tailored to customer needs.

The top-selling products set the e-bike drive market in motion. A field in which NCTE cooperates with established players and which is growing steadily.

The company is also active in markets such as agricultural technology, automation, robotics, mechanical and vehicle engineering, medical technology and even motorsports. For more than a decade, NCTE has been helping elite Formula 1 and MotoGP teams win with innovative solutions. Over the years, the company has continuously transformed from a pure development company to a technological force with series products and advanced manufacturing capabilities.

Further information about NCTE AG is available at https://ncte.com/unternehmen/ir/ and https://www.boerse-muenchen.de/Aktie/DE000A0LEZB2.