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Share Price:
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Don't have an account? Click here to register.Proton Power sets up joint-venture with German carmaker
Mon, 15th Oct 2018 11:31
(Sharecast News) - Fuel cell outfit Proton Power Systems has agreed to establish a joint venture with electric carmaker e.GO Mobile that will see the London-listed group build a range extender for the German startup's mini-buses.Proton revealed on Monday that it had agreed in principle to establish the joint venture with e.GO Mobile to develop and produce a scalable, cost-effective fuel cell range extender for the e.GO Mover.Proton, which offers complete fuel cell and hybrid systems from a single source, from the development and production through to the implementation of customized solutions, noted that the systems would also be available for other applications in the market.The clean power solutions company launched its fourth generation of high-efficiency stacks and fuel cell systems earlier in the year.Proton's new products are lighter weight and include higher integration single stack modular designs which cover power ranges from 2 to 16 kW in the lower power class and from 15 to 75 kW in the upper power class.As of 1130 BST, Proton Power shares had climbed 6.67% to 6p.
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27 Feb 2024 12:19
IN BRIEF: Proton Motor keeps revenue stable as sales value rises
Proton Motor Power Systems PLC - London-based designer and producer of hydrogen fuel cells and hydrogen fuel cell electric hybrid systems - Says its 2023 revenue remains unchanged at GBP2.1 million. Notes a 43% increase in the value of systems sales to GBP2.0 million, from GBP1.4 million in 2022. Adds that its total order intake for 2023 was GBP2.5 million, down 7.4% from GBP2.7 million the previous year.
Read more10 Jan 2024 11:28
IN BRIEF: Proton Motor launches new hydrogen fuel cell system
Proton Motor Power Systems PLC - London-based designer and producer of hydrogen fuel cells and hydrogen fuel cell electric hybrid systems - Announces introduction of new HyModule S4 fuel cell system solution. Product offers "a simple 'plug and play' solution for markets seeking an emission-free energy source alternative to traditional diesel and natural gas generators." It uses Proton Motor's proprietary HyStack 200 technology. Company says product line extension responds to sustained interest in hydrogen-powered technology, and leaves it well-positioned for commercialisation and to capitalise on predicted demand.
Read more27 Nov 2023 10:21
IN BRIEF: Proton Motor completes GKN order; wins government grant
Proton Motor Power Systems PLC - London-based designer and producer of hydrogen fuel cells and hydrogen fuel cell electric hybrid systems - Completes follow-up order for 15 HYmodule S8 systems to customer GKN Hydrogen Italy SRL, which was first received back in January, bringing its total delivery of its fuel systems to GKN to 46. HYmodule S8 system is an "emission-free high-tech product for stationary applications and is designed for the autonomous provision of energy and heat," it says. Chief Executive Officer Faiz Nahab comments that the completion of the follow-on order "reaffirms that the company is rapidly progressing the commercialisation of our hydrogen fuel cell technology, and our recognition as a leader in this industry." Also wins an EUR300,000 grant from the German government for the development of a "modular, renewable and self-sufficient energy supply using hydrogen technology."
Read more14 Sep 2023 11:59
Proton Motor Power interim revenue falls on lower order intake
(Alliance News) - Proton Motor Power Systems PLC on Thursday reported a drop in half-year revenue as order intake fell.
Read more25 Jul 2023 10:59
Proton Motor Power inks first order in Spain for fuel cell system
(Alliance News) - Proton Motor Power Systems PLC on Tuesday said that it has received an order from an unnamed supplier of gas related energy and infrastructure in Spain for a standalone fuel cell system.
Read more13 Jul 2023 11:39
Proton Motor Power hails follow-up order from Deutsche Bahn subsidiary
(Alliance News) - Proton Motor Power Systems PLC on Thursday said that it has received a follow-on order from DB Bahnbau Gruppe GmbH, a subsidiary of Deutsche Bahn AG.
Read more20 Jun 2023 10:59
Proton Motor Power swings to annual loss as revenue falls
(Alliance News) - Proton Motor Power Systems PLC on Tuesday reported a swing to annual loss as revenue decreased, and said it agreed to a variation to the Falih Nahab loan facility.
Read more2 Jun 2023 12:54
Proton Motor Power gets order from University of Stuttgart
(Sharecast News) - Hydrogen fuel cell and electric hybrid technology developer Proton Motor Power announced the receipt of a significant order from the University of Stuttgart on Friday.
Read more2 Jun 2023 08:19
IN BRIEF: Proton Motor Power touts 240KW order for power plant
Proton Motor Power Systems PLC - London-based designer and producer of hydrogen fuel cells and hydrogen fuel cell electric hybrid systems - Receives an order from the University of Stuttgart for a containerised fuel cell power plant with a power output of up to 240 kilowatts.
Read more5 May 2023 13:33
IN BRIEF: Proton Motor gets order from Shell Deutschland
Proton Motor Power Systems PLC - Newcastle-based producer of hydrogen fuel cells and electric hybrid systems - Gets an order for an undisclosed sum from Shell Deutschland Oil GmbH, a subsidiary of energy group Shell PLC. Says the order is for two 'HyShelter 240' containerised hydrogen fuel cell hybrid systems. Proton says its technology is "fully reflected in the HyShelter and the rest of the Hy-brand portfolio of solutions for infrastructural applications".
Read more21 Feb 2023 18:53
TRADING UPDATES: Star Phoenix loss narrows but Petra's widens
(Alliance News) - The following is a round-up of updates by London-listed companies, issued on Tuesday and not separately reported by Alliance News:
Read more31 Jan 2023 21:38
TRADING UPDATES: LifeSafe Holdings, Tissue Regenix see revenue growth
(Alliance News) - The following is a round-up of updates by London-listed companies, issued on Tuesday and not separately reported by Alliance News:
Read more26 Jan 2023 21:52
TRADING UPDATES: Proton wins order; Caerus Mineral sells assets
(Alliance News) - The following is a round-up of updates by London-listed companies, issued on Thursday and not separately reported by Alliance News:
Read more24 Oct 2022 13:34
Proton Motor increases production area seven-fold with lease agreement
(Alliance News) - Proton Motor Power Systems PLC on Monday said it signed a 15-year lease agreement for a facility to "substantially expand" its manufacturing, testing and development capacity.
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