Polymer Factory receives first payment under EDF grant

Polymer Factory Sweden AB (publ) has today received the first payment from the European Defence Fund (EDF) under the grant that was announced in December 2022. The first partial payment amounts to approx. SEK 1,8 million.

In December 2022, Polymer Factory announced that the Company will receive a grant from the EDF for participation in the project NanoSHIELD, which aims to develop protective equipment against CNBR (chemical, biological, radioactive, and nuclear) threats. Polymer Factory will contribute with polymers to be implemented in the equipment. Today, the Company has received the first installment of €159,000, amounting to approx. SEK 1,8 million.