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An update from Fae Technology S.P.A ( (IT:FAE) ) is now available.
FAE Technology has announced a strategic collaboration with Vinservice Micro Matic to enhance the ‘Next’ beverage dispenser, introducing smart features and expanding configuration possibilities. This collaboration supports Micro Matic’s global leadership in the smart beverage sector by integrating advanced digital solutions, which are expected to expand product offerings and increase competitiveness. The partnership aligns with Micro Matic’s strategy of technological innovation and aims to meet the growing demand for smart beverage dispensing solutions. The first units are expected to be delivered in 2025, with production capacity increasing over the next three years.
More about Fae Technology S.P.A
FAE Technology S.p.A. is an Italian industrial group listed on the Euronext Growth Milan market of Borsa Italiana, operating in the electronics sector. The company focuses on developing technological solutions that facilitate digital transformation and enhance competitiveness for its clients. Vinservice Micro Matic, part of the Micro Matic Group, specializes in designing and producing technological solutions for beverage dispensing systems.
YTD Price Performance: -19.52%
Average Trading Volume: 25,539
Technical Sentiment Signal: Buy
Current Market Cap: €47.06M
See more data about FAE stock on TipRanks’ Stock Analysis page.