REG - Proton Motor Power - Initial order from Electra

Proton Motor Power SystemsAnnouncement

30/07/2021 07:05

RNS Number : 9776G
  
Proton Motor Power Systems PLC
  
30 July 2021
  
 

 
 
 
 







30 July 2021
 



 
Proton Motor Power Systems plc
("Proton Motor" or the "Company")
 
Initial order from Electra
 
Proton Motor Power Systems plc (AIM: PPS), Europe's leading designer, developer and producer of hydrogen fuel cells and electric hybrid systems with a zero-carbon footprint, announces that, further to the Memorandum of Understanding ("MoU") with Electra Commercial Vehicles Limited ("Electra") announced on 22 June 2021, it has now received an initial order for a fuel cell HyRange® system to be deployed in a functional prototype of a zero emission electric refuse collection truck. 
 
The Proton HyRange® system, in combination with a hydrogen storage and battery system, will allow almost continuous daily operation of the truck. As previously announced, the prototype vehicle is expected to be followed by at least five further vehicles under the initial phase of the MoU.
 
 
Dr. Nahab, CEO of Proton Motor, commented: "We are delighted to have commenced our co-operation with Electra under the MoU signed last month and look forward to continue to support Electra as it expedites the development of its new range of fuel cell - battery electric trucks that will help meet the increasing demand for zero emission trucks in the UK."
 
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) 7866 122678
 
Tel: +49 (0) 173 189 0923
 
www.protonmotor-powersystems.com
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).
 
About Electra Commercial Vehicles Limited
 
Electra is a UK company whose vision is to provide the commercial vehicle operator with the clean, zero emission solution for city centre deliveries. Electra is making city centre delivery a 100% clean and silent operation, allowing minimal impact of vehicles in our environment which is essential to keep our cities running 24 hours a day.
 
Electra is bringing world class technology to the world of commercial vehicles, converting low entry chassis from Mercedes, Dennis Eagle to 100% electric. Electra's technical capability extends to other chassis makes from leading suppliers like DAF, Isuzu, Iveco, MAN and many others.
 
Electra's website can be found here: Electra Commercial Vehicles - Home
 

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