paragon wins another record contract - OEM orders anti-virus filters worth EUR 45 million
Delbrück, April 04, 2022 – Starting in 2025, one of the leading international automotive groups will install the electric anti-virus filter DUSTPROTECT developed by paragon GmbH & CO. KGaA [ISIN DE0005558696] in large numbers further vehicle platforms in China and Germany. The innovative product will be used by the long-standing paragon customer in a vehicle in China as early as 2025.
OEM order for DUSTPROTECT exceeds the largest contract in the company's history to date from January for a novel AI infotainment system.
CEO Frers: "These two most recent major orders prove our superior technology and show that our customers are convinced of paragon's sustainable growth path."
2026 total sales now seen at upper end of EUR 250 - 300 million target range