REG - Proton Motor Power - Further order from GKN

Proton Motor Power SystemsAnnouncement

19/08/2021 07:00

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RNS Number : 1010J  Proton Motor Power Systems PLC  19 August 2021

 

 

 

 

   19 August 2021

 

Proton Motor Power Systems plc

("Proton Motor" or the "Company")

 

Further 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 further
order from GKN Hydrogen ("GKN") for an additional eight PM Module S8 fuel cell
systems designed for the autonomous provision of energy and heat to be
delivered in Q1 2022. GKN Hydrogen is part of GKN, the Aerospace, Automotive
and Powder Metallurgy international business controlled by Melrose Industries
plc.

Including previous orders, GKN has now ordered 25 PM Module S8 fuel cell
systems in total and the Board of Proton Motor expects to receive further
orders as GKN continues to deploy the Company's technology in its integrated
HY2 systems.

GKN is deploying the HY2 systems in its own facilities and with its customers
in the residential, industrial and transportation sectors. Further
information on GKN's HY2 systems can be found at www.gknhydrogen.com
(http://www.gknhydrogen.com) . Applications of the HY2 systems include IT
back-up systems, off-grid power generation and plug-in electric car charging
station.

 

For further information:

 Proton Motor Power Systems plc
 Dr Faiz Nahab, CEO

 Helmut Gierse, Chairman

 Brendan Bilton, Investor and Business Relations    Tel.: +44 (0)  7798 554 191

 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
 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).

 

 

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