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Pin to quick picksProton Mtr Pwr Share News (PPS)

Share Price Information for Proton Mtr Pwr (PPS)

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Share Price: 1.925
Bid: 1.75
Ask: 2.10
Change: 0.00 (0.00%)
Spread: 0.35 (20.00%)
Open: 1.925
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Proton Power prepares for anticipated demand with stack manufacturing robot

Tue, 28th May 2019 10:09

(Sharecast News) - Fuel cell and electric hybrid systems developer Proton Power Systems announced on Tuesday that, following the recent conclusion of cooperation and partnership agreements and "clear signs" that industry demand for hydrogen fuel cells was rapidly increasing, it was now installing a stack manufacturing robot.The AIM-traded firm said that would allow it to increase production capacity to 5,000 fuel cell units per annum.It explained that the manufacturing robot relating to the project 'Fit for Automatic Manufacturing and Assembly' (Fit-4-AMandA) was financed by the European Fuel Cells and Hydrogen Joint Undertaking (FCH JU) agency.Proton was one of five professional bodies that took part in the development and "rigorous" testing programme, in order to perfect performance and manufacturing capacity of the robot.In order to meet future increasing demand, plans were already in place to modify the machine layout to be able to produce up to 30,000 stack units per year.Proton said it wanted to assure all its supporters and those "believing" in its zero-carbon dioxide footprint that it was "ready and able" with its 'GEN 4' stack module and fuel cell, to cope with the expected demand in the "partially world saving" industry.The contribution to the industry would serve mobile applications - buses and trucks, among others - as well as stationary applications including power generation, standby and continuous power; and maritime, including yachts and ships."We are delighted with this important development in the company's progress as it contributes greatly to manufacturing ability and puts Proton in a commanding position to receive larger quantity orders before the end of 2020," said the firm's chairman Helmut Gierse.
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23 Jan 2014 10:15

Proton Power Systems Secures Asian Contract For Maritime Fuel Cell Study

LONDON (Alliance News) - Fuel cell system developer Proton Power Systems PLC Thursday said it has been contracted to perform a feasibility study for a fuel cell maritime application from an Asia Pacific-based customer, in a deal worth EUR297,000. The study is aimed at generating on board po

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20 Jan 2014 12:31

Proton Power receives road approval for fuel cell product

Proton Power Systems (PPS), the AIM-listed parent company of fuel cell technology group Proton Motor, has received road approval for its HyRange Fuel Cell System product, causing shares to surge on Monday. HyRange, integrated in a Newton 7.5 to 12 ton electric truck, had been tested in Germany for

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20 Jan 2014 09:26

Proton Power Shares Jump As Electric Truck Gets German Road Approval

LONDON (Alliance News) - Shares in Proton Power Systems PLC were trading up 38% Monday after it announced that its HyRange Fuel Cell System had received road approval from German authorities. This means that its Newton electric truck, which integrates the fuel cell system, can now be operat

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25 Nov 2013 10:40

Proton Power Systems Releases New Fuel Cell Stack Technology

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25 Nov 2013 07:59

AIM IN BRIEF: UBC Media Confirms Agreement To Acquire 7digital

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25 Oct 2013 09:53

DIRECTOR DEALINGS: Proton Power Systems CEO Sells 2.3 Million Shares

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10 Oct 2013 12:39

DIRECTOR DEALINGS: Proton Power Systems Director Sells Shares

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7 Oct 2013 09:20

Proton Power Thinks It Has Solved Key Market Issue With New Solar Battery Product

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27 Sep 2013 09:41

Proton Power Systems Announces New Electric Commercial Vehicle

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25 Sep 2013 09:49

Proton Power Predicts Breakthrough As Loss Widens

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16 Sep 2013 07:59

Proton Power Systems Wins EUR857,000 Contract With Siemens

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11 Feb 2013 11:11

Proton Power Systems acquires SPower Holding GmbH

Proton Power Systems has agreed to acquire SPower Holding GmbH and its subsidiary SPower GmbH for 5.0m euros. The company, which designs and produces hydrogen fuel cells and hydrogen fuel cell electric hybrid systems, said it will merge SPower with its subsidiary Proton Motor Fuel Cell GmbH. The n

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6 Aug 2012 09:39

Proton signs deal with German sales partner

Proton Power's subsidiary, Proton Motor Fuel Cell, has signed a co-operation agreement with Modl to provide interruption-free and energy efficient storage for the stationary power supply market. Both partners will offer complete solutions for Uninterrupted Power Supply (UPS) and grid shaving appli

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15 Mar 2011 16:23

Sector movers: Nuclear fears boost alternative energy stocks

The alternative energy sector is over 7% higher Tuesday, as fears over a nuclear disaster in Japan have buoyed sentiment in renewable energy stocks. Wind turbine gearbox manufacturer Hansen Transmissions and fuel cell developer Proton Power Systems are providing a lift. The life insurance sector i

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29 Sep 2010 13:47

Small caps round-up: Andrews Sykes, Northbridge, Sceptre...

Air conditioning unit hirer Andrews Sykes lifted profits to £7.11m, from £6.5m, in the half year to June, despite sales weakening a little to £27.6m. Overall, the board is cautiously anticipating a reasonable performance for the rest of 2010, it added. India-focused investment group EIH increased n

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