Proton Motor Power Systems PLC New order from UMSTRO GmbH (8857N)

TIDMPPS

RNS Number : 8857N

Proton Motor Power Systems PLC

26 January 2023

Proton Motor Power Systems plc

("Proton" or the "Company")

New order from UMSTRO GmbH

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 an order from UMSTRO GmbH ( " UMSTRO " ) for 18 " HyModule(R) S8 " hydrogen fuel cell systems .

The HyModule(R) S8 system is an emission-free high-tech product from the Company's Hy-brand portfolio for stationary applications and will be integrated by UMSTRO into various projects for use in emergency power and combined heat and power applications. Of the eighteen systems ordered, two systems of 8.4kW each are intended for the municipal housing company Euskirchener Baugesellschaft mbH, with which UMSTRO is developing a new energy self-sufficient multi-family house. An additional ten units are intended for use as decentralised and decarbonised energy supply solutions and the remaining six systems are to be produced for stock.

UMSTRO ( www.umstro.com ) is a specialist in modular energy cells for sustainable power generation from renewable energies with state-of-the-art hydrogen storage solutions and an existing customer of the Company. In 2021, Proton manufactured a HyModule(R) S8 system for integration into UMSTRO's innovative energy trailer, formally known as the "Mobile Solar FuelCell Aggregate".

The Company anticipates that the systems will be provided to UMSTRO throughout 2023 and into 2024.

For further information:

 
 Proton Motor Power Systems Plc 
 Dr Faiz Nahab, CEO 
 Helmut Gierse, Chairman 
 Roman Kotlarzewski, CFO                                 +49 (0) 173 189 0923 
 Antonio Bossi, Non-Executive Director 
 Investor relations :                              www.protonpowersystems.com 
                                           investor-relations@proton-motor.de 
 
 Allenby Capital Limited 
 Nominated Adviser & Broker                              +44 (0) 20 3328 5656 
 James Reeve / Vivek Bhardwaj

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 and stationary 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.

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

UPDBRGDBLDDDGXU

(END) Dow Jones Newswires

January 26, 2023 02:00 ET (07:00 GMT)

Proton Motor Power Systems (LSE:PPS)
Historical Stock Chart
From Jun 2024 to Jul 2024