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Press Release

Calyos secures project with a 5th automotive OEM.

Location:

Charleroi, Belgium

DATE:

June 23, 2023

Calyos has succesfully secure a 5th OEM project to develop Calyos' passive cooling technologies.

Calyos, a Belgian technology company focusing on a sustainable offering of passive, two-phase cooling solutions within the e-mobility, computing, and renewable energy markets, has successfully secured a development project with a prominent automotive original equipment manufacturer (OEM). This achievement marks the company's fifth collaboration with an OEM, cementing our position as a leading provider of cutting-edge two-phase thermal technology in the automotive industry.

Calyos' strategic approach of targeting key OEMs in both Europe and North America has proven to be highly effective in introducing our cooling solutions to the market. By developing our systems directly with the OEM Calyos has gained valuable opportunities to showcase the advantages of its technology and solidify its position as a leader in the design and manufacture of passive cooling solutions.

Calyos is now working with five different OEMs on our core applications, covering cooling for batteries, power electronics and ADAS/ECU. Calyos is excited to share that we will also be performing in-vehicle tests during the summer.

By focusing on advanced engineering projects with OEMs Calyos has succesfully demonstrated the value of its technologies directly to the end customer. In tandem, Calyos is working with Tier 1 partners who will provide the ability to mass produce Calyos' technology and therefore gaining widespread adoption in the market.

As the automotive industry continues to prioritize efficiency, performance, and sustainability, Calyos remains at the forefront of delivering innovative cooling solutions that meet the evolving needs of the market. Through Calyos' relationships with prominent OEMs, the company is poised to accelerate the adoption of its advanced technology, further solidifying its position as a key player in the automotive cooling sector.

"I am really pleased with the progress we have made with automotive OEMs, not only does it show the value of our technologies but also the hard work of our team to get to this position. I am looking forward to guiding the team through their next challenge, bringing these projects to fruition and developing a strong industrial partnership with a Tier 1 supplier in order to fulfil future production opportunities."

Antoine de Ryckel, CEO

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