| | 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 Relations Sebastian Goldner, COO/CTO Roman Kotlarzewski, CFO Manfred Limbrunner, Director Sales and Marketing |
Tel.: +44 (0) 7798 554 191
Tel: +49 (0) 173 189 0923
|
| 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).
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.
