For best results when printing this announcement, please click on link below:
http://newsfile.refinitiv.com/getnewsfile/v1/story?guid=urn:newsml:reuters.com:20240612:nRSL0240Sa&default-theme=true
RNS Number : 0240S Proton Motor Power Systems PLC 12 June 2024
12 June 2024
Proton Motor Power Systems plc
("Proton Motor" or the "Company")
Follow-Up Order from H2tec AG
Proton Motor Power Systems plc (AIM: PPS), the designer, developer and
producer of fuel cells and fuel cell electric hybrid systems with a
zero-carbon footprint, is pleased to announce that it has received a first
follow-up order from H2tec AG (the "Customer") from Switzerland, for a
HyCabinet S16, with integrated master controller and voltage distribution.
The Customer acts as a full-service provider for fuel cell emergency power
systems to the Swiss Road Administration "The Federal Roads Office" ("FEDRO"),
which operates 300 road tunnels in Switzerland.
The receipt of the follow-up order comes after two years of real-world testing
and validation of the first system ordered by the Customer, details of which
were announced on 16 November 2020. That system began operating in December
2022 by the Customer and FEDRO.
The system subject to the new order includes an indoor plug and play HyCabinet
S16 fuel cell system, with integrated master control unit and voltage
distribution cabinet. The HyCabinet S16 will initially be equipped with only
one HyModule® S8 for 8 kW nominal power output but can be upgraded with an
additional, fully redundant HyModule S8 to provide 16 kW nominal power output.
The Company expects that delivery of the system will take place by Q1 2025.
Image 1: The components of the HyCabinet system
Dr. Faiz Nahab, CEO of Proton Motor, said:
"This follow-up order from H2tec AG is further evidence, on behalf of FEDRO,
of the trust of our customers in the reliability of Proton Motor's proprietary
hydrogen fuel cell technology and our support and service. We look forward to
continuing to work further with H2tec AG to provide them with zero-emission
hydrogen fuel cell power generator solutions."
For further information:
Proton Motor Power Systems Plc
Dr Faiz Nahab, CEO
Roman Kotlarzewski, CFO +49 (0) 173 189 0923
www.protonpowersystems.com
Allenby Capital Limited
Nominated Adviser & Broker +44 (0) 20 3328 5656
James Reeve / Vivek Bhardwaj
Celicourt Communications
PR Adviser +44 (0) 20 7770 6424 / protonmotor@celicourt.uk
Mark Antelme / Philip Dennis /
Charlie Denley-Myerson
About Proton Motor
Proton Motor has 25 years of experience in Power Solutions using CleanTech
technologies such as hydrogen fuel cells, fuel cell and hybrid systems with a
zero carbon footprint. Based in Puchheim near Munich, Proton Motor develops
and produces standard Products as well as customised solutions. The focus of
Proton Motor is on stationary solutions, as well as heavy-duty, marine and
rail applications. The product portfolio consists of base-fuel cell systems,
standard complete, as well as customised systems.
Proton Motor Fuel Cell GmbH is a wholly owned subsidiary of Proton Motor Power
Systems plc. The Company has been quoted on the AIM market of the London Stock
Exchange since October 2006 (code: PPS).
This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact
rns@lseg.com (mailto:rns@lseg.com)
or visit
www.rns.com (http://www.rns.com/)
.
RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our
Privacy Policy (https://www.lseg.com/privacy-and-cookie-policy)
. END UPDFZGMVKMKGDZM