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VisBlue A/S is a Danish/Portuguese spinout from Aarhus University and the University of Porto (founded 2014 by Adelio Mendes, Anders Bentien, Morten Madsen and Søren Bødker), based in Aarhus, Denmark.
Named counterparties identified by open-source research and written only where a primary source states the relationship — never inferred from sector or co-mention. 1 supplier. This is a partial view: it covers the relationships we could evidence, not the company's full supply base.
J. Schmalz GmbH (Glatten, Germany) supplies VisBlue's electrochemical stack units under an exclusive Scandinavia framework agreement since 2020; confirmed on Schmalz's own account of the deal and corroborated by Batteries News trade press.
Scope. Absence of a counterparty here is not evidence that none exists — most commercial sourcing is confidential and never becomes public. Rows without a share figure mean no share was disclosed, not that the relationship is small.
Every exposure is read as a buyer dependency; the top 2 are its binding chokepoints.
As a buyer, policy pressure across its consumed materials is flat.
Descriptive trend in official policy actions on this company’s materials — a policy-pressure trend, not a price or trading signal. No forward probability is implied. Direction is measured on actions we have discovered, and discovery lags events: where the recent window is too thin to support a calm reading, the row says coverage-limited instead of easing.
No actions in the register have named or swept this company in the last 24 months.