STOCKHOLM, Feb. 10, 2021 /PRNewswire/ -- The development of
the production set up for the OXE300 advances according to plan,
well in line with the previously communicated goal to start
production of OXE300 in Tczew (Poland) under the first quarter this year.
Assembly of the first three units has recently been finalized and
are waiting to be shipped out. Two more units are expected to be
finalized before this weeks end. OXE Marine AB (NASDAQ STO: OXE)
(OTCQB: CMMCF) personnel are on site to align the production
process with OXE technical requirements.
The initial 20 production units from the assembly in
Poland will be sent to OXE Marine
AB test facility in Ängelholm (Sweden), where they will undergo rigorous
testing, both in test tank and on our test boats on the water to
ensure that stringent demands on endurance, reliability, power and
control are met.
First shipment of OXE300 produced in Poland is expected to be sent to customers in
the last week of February.
Certified Adviser
FNCA Sweden AB is Certified Adviser for OXE Marine AB (publ).
Contact details to FNCA Sweden AB: tel. +46 8 528 00 399,
e-mail info@fnca.se.
For further information, please contact:
Myron Mahendra, CEO,
myron.mahendra@oxemarine.com, +46 76 347 59 82
Anders Berg, Chairman,
anders.berg@oxemarine.com, +46 70 358 91 55
OXE Marine AB (publ) (NASDAQ STO: OXE, OTCQX: CMMCF) has, after
several years of development, constructed the OXE Diesel, the
world's first diesel outboard engine in the high-power segment. The
Company's unique patented engine-to-propulsion power transmission
solutions have led to high demand for the Company's engines
worldwide.
This information was brought to you by Cision
http://news.cision.com
https://news.cision.com/oxe-marine-ab/r/successful-production-start-of-oxe300-in-poland,c3283179
The following files are available for download:
https://mb.cision.com/Main/16067/3283179/1370422.pdf
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Successful production
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SOURCE OXE Marine AB