Successful IPO in the Scale segment: Partec AG starts on the Frankfurt Stock Exchange

Successful IPO in the Scale segment: Partec AG starts on the Frankfurt Stock Exchange

Partec AG successfully started on the Frankfurt stock exchange

Munich, July 3, 2023-Partec AG, a leading manufacturer and developer of dynamic modular supercomputers and quantum computers, successfully carried out its IPO in the Scale segment of the Frankfurt Stock Exchange. The company's shares have been trading on the stock exchange since the opening course was 112.50 euros per share. A total of 8 million name shares were listed, which led to a market capitalization of 900 million euros.

In the 2022 financial year, Partec AG generated sales of 36.1 million euros and an annual surplus of 11.2 million euros. The company has a strong business base in Europe and is currently involved in major projects in Luxembourg, Spain and Italy that have an order volume in the three -digit million range. In addition, Partec AG has more than 150 and registered patents in important industrial regions worldwide.

Partec AG is one of the leading providers of High Performance Computing solutions and quantum computing solutions. These machines with extremely high computing power are crucial for innovations in society, science and industry. Artificial intelligence would not be possible, for example, without such machines.

"With our IPO, we set a clear sign in the area of high performance computing and quantum computing," said Bernhard Frohwitter, CEO of Partec AG. "Investors are cordially invited to accompany us on our way while we open up the potential of these technologies. It is precisely these machines that make artificial intelligence possible in the first place."

PartTec AG specializes in the development and provision of supercomputers and quantum computers as well as corresponding operating software. The company offers advisory and support services in all areas of development, construction and operation of high performance computers and quantum computers.

Further information on the company and its solutions in the field of high performance computing and quantum computing can be found on the website www.par-tec.com.

Contact:
Investor Relations Manager
Edicto GmbH
Dr. Sönke Knop / Doron Kaufmann
parttec@edict.de
+49699055051

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