Proton Motor Power Systems PLC Fifth order from GKN (9902E)
July 13 2021 - 2:00AM
UK Regulatory
TIDMPPS
RNS Number : 9902E
Proton Motor Power Systems PLC
13 July 2021
13 July 2021
Proton Motor Power Systems plc
("Proton Motor" or the "Company")
Fifth order from GKN
Proton Motor Power Systems plc (AIM: PPS), Europe's leading
designer, developer and producer of fuel cells and electric hybrid
systems with a zero-carbon footprint, is pleased to announce that
it has received a fifth order from GKN Powder Metallurgy ("GKN PM")
for an additional PM Module S8 designed for the autonomous
provision of energy and heat. GKN PM is part of GKN, the Aerospace,
Automotive and Powder Metallurgy international business controlled
by Melrose Industries plc.
As for previous orders from GKN PM, the Proton Motor system will
be deployed to supply self-sufficient clean power and heat in a
residential setting from hydrogen generated from renewable
sources.
Dr. Nahab, CEO of Proton, commented: "We are delighted to
continue to support GKN PM in their drive to demonstrate the use of
hydrogen as a means of storing energy produced from renewable
resources and look forward to expanding our relationship to include
training and services to support GKN PM's international sales."
For further information:
Proton Motor Power Systems plc
Dr Faiz Nahab, CEO
Helmut Gierse, Chairman
Brendan Bilton, Investor and Business Tel.: +44 (0) 7798 554
Relations 191
Sebastian Goldner, COO/CTO
Roman Kotlarzewski, CFO Tel: +49 (0) 173 189
Manfred Limbrunner, Director Sales 0923
and Marketing
www.protonpowersystems.com
investor-relations@proton-motor.de
Shore Capital
Nominated adviser and broker
Tom Griffiths / David Coaten Tel: +44 (0) 20 7408
4050
www.shorecap.co.uk
About Proton Motor Fuel Cell GmbH
Proton Motor has more than 20 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 offers complete fuel cell and
hybrid systems from a single source - from the development and
production through the implementation of customized solutions. The
focus of Proton Motor is on back-to-base, for example, for mobile,
marine, stationary and rail solutions applications. The product
portfolio consists of base-fuel cell systems, standard complete
systems, as well as customized systems.
Proton Motor serves IT, Telecoms, public infrastructure and
healthcare customers in Germany, Europe and Middle East with power
supply solutions for DC and AC power demand. In addition to power
supply, SPower also offers solutions for Solar Systems as well as a
new product line for Solar Energy Storage.
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 or visit 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.
END
MSCEAXXAFFFFEFA
(END) Dow Jones Newswires
July 13, 2021 02:00 ET (06:00 GMT)
Proton Motor Power Systems (LSE:PPS)
Historical Stock Chart
From Mar 2024 to Apr 2024
Proton Motor Power Systems (LSE:PPS)
Historical Stock Chart
From Apr 2023 to Apr 2024