Seri Industrial S.p.A. (IT:SERI) has released an update.
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Seri Industrial S.p.A. has announced a significant framework agreement through its subsidiary FIB S.p.A. with Power4Future S.p.A. for the supply of lithium-ion battery modules worth over 100 million euros. These batteries will be used in next-generation submarines, highlighting the technological and safety advancements produced at the FAAM plant in Italy.
For further insights into IT:SERI stock, check out TipRanks’ Stock Analysis page.
