Blink's European Subsidiary Obtains Grant For Energy Management Development

Blink Charging Co BLNK BLNKW European subsidiary, Blue Corner, has secured a €450,000 grant to develop its energy management services from Flanders Innovation and Entrepreneurship (VLAIO).
VLAIO is a government agency that finances strategic and industrial research. The grant is a part of the Hub for Urban Mobility and Renewable Energy (HUME) project launched by Blue Corner in collaboration with key knowledge partners in the region.
The VLAIO funding marks a significant step in the company's efforts to develop advanced technology and offer energy management solutions.
Price Action: BLNK shares are trading higher by 1.04% at $25.31 on the last check Monday.