REG - Proton Motor Power - No negative COVID-19 impact on Proton

Proton Motor Power SystemsAnnouncement

16/04/2020 07:01

RNS Number : 7907J
  
Proton Motor Power Systems PLC
  
16 April 2020
  
 

 
 
 
 

 
Proton Motor Power Systems plc
 
("Proton" or the "Company")
 
No negative COVID-19 impact on Proton
 
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, announces that, having implemented from the onset all recommended protective measures at its factory in Puchheim, it has not been affected, so far, from COVID-19 and there has not been a single case of COVID-19 amongst the Company staff to date. Whilst our staff have to maintain social distancing and other recommended measures to protect themselves against the virus, our factory in Puchheim remains fully open and our production capacity is unaffected.
 
After a record order intake in the first quarter of 2020 amounting to around EUR 6.4 million, Proton remains on track to fulfill all deliveries to customers in the current production pipeline resulting from this Q1 and previous order intake.
 
For further information:



Proton Motor Power Systems plc








Dr Faiz Nahab, CEO
Helmut Gierse, Chairman
Sebastian Goldner, COO/CTO
Roman Kotlarzewski, CFO 
Manfred Limbrunner, Director Sales and Marketing


 
 
 
Tel: +49 (0) 173 189 0923
 
www.protonpowersystems.com














 
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).


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