REG - Proton Motor Power - New order from UMSTRO GmbH

Proton Motor Power SystemsAnnouncement

26/01/2023 07:00

For best results when printing this announcement, please click on link below:
http://newsfile.refinitiv.com/getnewsfile/v1/story?guid=urn:newsml:reuters.com:20230126:nRSZ8857Na&default-theme=true

RNS Number : 8857N  Proton Motor Power Systems PLC  26 January 2023

26 January 2023

 

Proton Motor Power Systems plc

("Proton" or the "Company")

 

New order from UMSTRO GmbH

 

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, is pleased to announce that it has received an order
from UMSTRO GmbH ("UMSTRO") for 18 "HyModule® S8" hydrogen fuel cell systems.

 

The HyModule® S8 system is an emission-free high-tech product from the
Company's Hy-brand portfolio for stationary applications and will be
integrated by UMSTRO into various projects for use in emergency power and
combined heat and power applications.  Of the eighteen systems ordered, two
systems of 8.4kW each are intended for the municipal housing company
Euskirchener Baugesellschaft mbH, with which UMSTRO is developing a new energy
self-sufficient multi-family house. An additional ten units are intended for
use as decentralised and decarbonised energy supply solutions and the
remaining six systems are to be produced for stock.

 

UMSTRO (www.umstro.com (http://www.umstro.com) ) is a specialist in modular
energy cells for sustainable power generation from renewable energies with
state-of-the-art hydrogen storage solutions and an existing customer of the
Company. In 2021, Proton manufactured a HyModule® S8 system for integration
into UMSTRO's innovative energy trailer, formally known as the "Mobile Solar
FuelCell Aggregate".

 

The Company anticipates that the systems will be provided to UMSTRO throughout
2023 and into 2024.

 

For further information:

 

 Proton Motor Power Systems Plc
 Dr Faiz Nahab, CEO
 Helmut Gierse,
 Chairman
 Roman Kotlarzewski, CFO                                                                                                                                                                                +49 (0) 173 189 0923
 Antonio Bossi, Non-Executive Director
 Investor relations:                                                                                                                                                                                    www.protonpowersystems.com

                                                                                                                                                                                                        investor-relations@proton-motor.de

 Allenby Capital Limited
 Nominated Adviser & Broker                                                                                                                                                                             +44 (0) 20 3328 5656
 James Reeve / Vivek Bhardwaj

 

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.

 

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).

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact
rns@lseg.com (mailto:rns@lseg.com)
 or visit
www.rns.com (http://www.rns.com/)
.

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 (https://www.lseg.com/privacy-and-cookie-policy)
.   END  UPDBRGDBLDDDGXU