XOLUTION GmbH is a Munich, Germany-based company. Founded in 2001, with INVENTAGES Ltd. as a major shareholder, to develop, produce, and supply resealable solutions for the beverage can industry, XO has a fully integrated organization with responsibilities in the areas of R&D, production, laboratory, business development, sales, marketing, and finance. XO installed its first production system for XO2/202 B64 with an annual capacity of 40 million XO Ends at Alpla in Austria. After winning the "Can of the Year" Award in 2008/2009 and extensive R&D and testing, the XO 1.0 was commercially launched in 2013. In 2015, INVENTURE MANAGEMENT joined the corporation with a major investment, enabling XO to perfect and launch the next-generation XO 2.0. A new assembly line type was commissioned to German-based company HEKUMA, enabling XO to scale production capacity up to 1.2 billion XO 2.0 Ends per year. The XO R&D department strives to secure and develop further resealable solutions for the beverage can industry.