RCS - Proton Motor Power - Further details on existing order

Proton Motor Power SystemsAnnouncement

26/11/2020 07:00

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RNS Number : 5414G  Proton Motor Power Systems PLC  26 November 2020

 

 

 

 

     26 November 2020

 

Proton Motor Power Systems plc

 

("Proton Motor" or the "Company")

Further details on existing order for the rail segment

 

On 4 February 2020 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, announced that it had received an order from a
new customer in Europe for a Hydrogen Fuel Cell system to be integrated into a
mobility related application. Delivery is scheduled for May 2021.

 

Proton Motor has now been given clearance to announce further details with
regard to the order as follows:

 

The order consists of the world´s first integration of a fuel cell into a
rail milling machine as part of the flagship project "MG11 H2" of the Austrian
corporation Linsinger Maschinenbau Gesellschaft m.b.H. (www.linsinger.com
(http://www.linsinger.com) ), the world market leader in rail milling
machines. This project was recently officially presented at the Linsinger
headquarters to the media and to representatives from business and local
government.

 

Proton Motor will be delivering a 214 kW hydrogen fuel cell system
specifically adapted to Linsinger´s requirements. The high-performance
milling machine MG11 has a purely electric drive, without any hydraulics. This
means that Linsinger´s future rail milling machines, which will replace those
currently powered by diesel engines, will be providing a solution to the
increasingly stringent regulations regarding pollution from exhausts and
excessive noise levels. Especially in underground tunnels, the new machine has
clear advantages over current diesel powered machines. Furthermore the health
risk of the operating crew will also be minimised via the emission-free
milling concept, which also eliminates dust pollution.

 

Dr. Nahab, CEO of Proton, commented: "Here we have a clear indication of
hydrogen as an environmentally friendly energy source generating substantial
added value in the rail segment - and not only in passenger transport. Rail
maintenance benefits from Proton Motor´s innovative zero-emission cleantech
solutions."

 

 

 

For further information:

 Proton Motor Power Systems plc
 Dr Faiz Nahab, CEO

 Helmut Gierse, Chairman

 Sebastian Goldner, COO/CTO

 Roman Kotlarzewski, CFO                            Tel: +49 (0) 173 189 0923

 Manfred Limbrunner, Director Sales and Marketing   www.protonpowersystems.com (http://www.protonpowersystems.com)

                                                    investor-relations@proton-motor.de (mailto:investor-relations@proton-motor.de)
 Shore Capital

 Nominated adviser and broker
 Antonio Bossi / 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 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. 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 Cells 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).

 

About Linsinger Maschinenbau Gesellschaft mbH

Linsinger has a tradition of more than 80 years as a global leader for
milling, sawing and rail technology. Linsinger´s aim is to maintain their
technological edge in the market, by listening to customers and offering
optimal products and services in order to support the successful operations of
more than 400 satisfied clients. www.linsinger.com (http://www.linsinger.com)

 

 

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