Canadian Manufacturing

GBLT closes its first deal for its AFGAPHOTO mobile energy product in the UK

by CM staff   

Financing Manufacturing Operations Energy e-commerce retailer energy product European market GBLT mobile energy product line

The deal includes an e-commerce retailer and an additional order from a UK retailer for a combined order of CAD $375,480.

TORONTO and DUREN – GBLT Corp. has received an order for its AFGAPHOTO products with an e-commerce retailer as well as an additional order from a retailer in UK for a combined order of CAD $375,480 (€268,200).

“With our new office in the UK, we are now well positioned to expand into the UK market and other major markets in Europe and globally,” said Dr. Thilo Senst, CEO, GBLT. “The UK order is the first step towards expanding into the global stage with our diverse range of AFGAPHOTO products, specifically our higher margin lithium storage systems. The need for mobile storage and batteries products are more prevalent than ever and due to the ongoing energy crisis in Europe, we are experiencing significant growth in this vertical of our business.”

“We are excited for the initial order from the UK retailer, and with the opportunities we are seeing in the market, we will continue to capitalize on the abundant demand we are experiencing for all our products. We look forward to expanding our reach within and outside the European market with all our product lines during the remainder of the year and 2023,” said Senst.



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