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Share Price Information for Proton Mtr Pwr (PPS)

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Share Price: 2.15
Bid: 2.00
Ask: 2.30
Change: 0.05 (2.38%)
Spread: 0.30 (15.00%)
Open: 2.10
High: 2.15
Low: 2.10
Prev. Close: 2.10
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Proton Power Systems acquires SPower Holding GmbH

Mon, 11th Feb 2013 11:11

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 newly merged company will continue to operate under the name of Proton Motor Fuel Cell GmbH. SPower's products will be sold under a product line called SPower within Proton Motor. SPower was formed in 2007 and supplies power solutions to IT, Telecoms, public infrastructure and healthcare customers in Germany, Europe and Middle East.It also supplies solar systems and has a new product line called Solar Energy Storage, which will be released to the market in the second quarter of 2013. The group is expected to report a turnover of circa €3.0m and to break even in operating profits for last year.The integration of the SPower is anticipated to result in cost synergies of about €200,000 per annum, but to increase turnover to €5.0m."The acquisition of SPower allows Proton Power to enlarge its offering for stationary power solutions," Chief Executive of Proton Power, Dr. Faiz Nahab, said. "As a company, we can importantly offer complete systems to our customers. The new battery storage solution of SPower for solar systems will have an extremely positive impact on our business. The process optimisation and cost savings will also have positive effects and will enhance value for our shareholders."RD
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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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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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