RCS - Proton Motor Power - Introduction of new hydrogen fuel cell system

Proton Motor Power SystemsAnnouncement

10/01/2024 07:00

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RNS Number : 1564Z  Proton Motor Power Systems PLC  10 January 2024

Reach announcement - non-regulatory

 

10 January 2024

 

Proton Motor Power Systems plc

("Proton Motor" or the "Company")

 

Introduction of new hydrogen fuel cell system

 

Proton Motor Power Systems plc (AIM: PPS), the designer and producer of
hydrogen fuel cells and hydrogen fuel cell electric hybrid systems, is pleased
to announce the introduction of its new HyModule® S4 fuel cell system
solution.

 

The new system offers a simple 'plug and play' solution for markets seeking an
emission-free energy source alternative to traditional diesel and natural gas
generators. This includes residential housing, small industrial complexes as
well as emergency and off grid power supply seeking seasonal energy storage
and combined heat and power applications.

 

The new HyModule® S4 is designed to offer a lower power range, using Proton
Motor's proprietary HyStack® 200 liquid-cooled fuel cell technology. The
introduction of this new product will be complementary to the Company's
existing stationary application offerings, including the higher power
HyModule® S8 system.

 

The extension of Proton Motor's HyModule® product line is in response to
sustained interest in hydrogen powered technology and the Company's strategic
focus on capitalising on dominant market adoption in stationary markets at a
decentralised level. This targeted approach ensures that Proton Motor is well
positioned towards commercialisation and enables the Company to capitalise on
predicted demand.

 

The HyModule® S4 will be presented for the first time at HyVolution Paris
2024, one of the world's leading hydrogen events, from 30(th) January 2024 to
1(st) February 2024.

 

 

 

 

        Image 1: A prototype of the HyStack®
200                                   Image
2: HyModule® S4

 

 

Dr. Faiz Nahab, CEO of Proton Motor, said:

 

"We are pleased to announce the introduction of our HyModule® S4 system,
developed to deliver hydrogen solutions to smaller power generation needs. The
successful presentation of this new product reaffirms the Company's commitment
to commercialisation, through the continuous development and refinement of our
hydrogen technology, as well as the increasing interest in innovative hydrogen
technology to support the energy transition."

 

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

 

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 mobile, 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).

 

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