Ads-Tec Energy(ADSE) Businesswire·2024-03-14 12:30Core Viewpoint - ADS-TEC Energy plc has appointed Dr. Andreas Fabritius to its Board of Directors, enhancing the company's governance and strategic direction in the fast-growing battery-buffered ultra-fast charging technology market [1][2]. Company Overview - ADS-TEC Energy plc is a public limited company incorporated in Ireland and listed on NASDAQ, serving as a holding company for its operating entities in Germany and the US [3]. - The company specializes in developing and manufacturing battery storage solutions and fast charging systems, leveraging over ten years of experience with lithium-ion technologies [3]. - ADS-TEC Energy's technology allows electric vehicles to charge rapidly even on low-powered grids, featuring a compact design [3]. - The company has received recognition, including a nomination for the German Future Prize and being elevated to the "Circle of Excellence" in 2022 [3]. Board Appointment - Dr. Andreas Fabritius brings three decades of experience as a Partner at Freshfields Bruckhaus Deringer, specializing in public and private M&A and corporate law [1][2]. - His appointment is expected to strengthen the Board's capabilities in navigating the high-growth market and enhancing shareholder value [2]. - Dr. Fabritius expressed enthusiasm about contributing to the company's mission of advancing electrified commuting and transport through its innovative technology [2].