PolarCool

Belgium's leading professional football team, Club Brugge, has signed an agreement with PolarCool AB (publ) to utilize the PolarCap® System, marking a significant milestone for PolarCool in both Belgian and European Football.

PolarCool AB (publ) is a medical device company specializing in sports medicine products. Its flagship product, the portable cooling device PolarCap®, is designed for the treatment of concussive and sub-concussive brain injuries. The company caters primarily to sports clubs, facilities, and organizations in high-risk sports for concussions.

PolarCool has recently secured strategic agreements in France, Switzerland, Germany, the UK, and the Nordic regions, and aims to target all sports and regions in Europe that are affected by concussions. Club Brugge, a powerhouse in Belgian football with a rich history of success, will undertake an initial evaluation of the PolarCap® System with an option to extend the agreement after the evaluation period.

PolarCool CEO Erik Andersson comments;

-Our goal is that treatment with PolarCap® will be standard of care in all sports with concussions. The agreement with Club Brugge marks a significant milestone for PolarCool in European and Belgian football.

The agreement with the Club Brugge is strategically valuable in the context of European football even if the financial impact of individual agreements is limited.