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Oh the shortersare here again trying to put negative spin on excellent news..

You're laughable.

Not only shotters also shot sighted. Maybe you should go invest in Specsavers.

The market reaction is all over because of dumb ass Israeli.

It will bounce back in no time

Now cheaper than diesel generators !

We will now be doing Data centres!

We will now be doing Ships !

We will now be doing Vechiles !

We will now be doing Critical backup power where ever it's needed !

We will be producing cheaper Hydrogen than anyone else !

All I can say is, WOW !

We will now be cheaper thsn diesel generators We will now be doing Datac

So we are well placed to fulfill these needs.

Data centres!

https://www.volex.com/who-we-are/

Volex also deal with Data centres. Another one of our prime targets to market.

The RNS this morning produced to fantastic bits of news & this set back caused through Trump & Israeli isn't going to hold this brilliant news back for long.

Trump even deliberately causing trouble in his own country

Volex plc

Our new partner !

https://www.volex.com/

Https://www.volex.com/

Diesel generators have just been blown away. What reduction in cost, this is a fantastic achievement by CEO John Wilson & AFC Energy .

Also Volex plc as a new partner !

AFC Energy Plc

AFC.L

AFC Energy Plc

GBX 17.26

3.56 (25.99%)

Last updated 06:55

AFC Energy Plc - Operational Update

13th June 2025, 07:00

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RNS Number : 7530M

AFC Energy Plc

13 June 2025

THE INFORMATION CONTAINED WITHIN THIS ANNOUNCEMENT IS DEEMED BY THE COMPANY TO CONSTITUTE INSIDE INFORMATION AS STIPULATED UNDER ARTICLE 7 OF THE EU REGULATION 596/2014 AS IT FORMS PART OF THE UK LAW BY VIRTUE OF THE EUROPEAN UNION (WITHDRAWAL) ACT 2018 ("MAR"). UPON THE PUBLICATION OF THIS ANNOUNCEMENT VIA A REGULATORY INFORMATION SERVICE, THIS INFORMATION IS CONSIDERED TO BE IN THE PUBLIC DOMAIN.

13 June 2025

AFC Energy plc

("AFC Energy" or the "Company")

Operational Update

Agreement Signed for Supply of Fuel Cell Systems

and

Strategic Partnership with Volex plc

AFC Energy (AIM: AFC), a leading provider of hydrogen power generation technologies, provides an update on progress on cost optimisation initiatives for its 30kW hydrogen fuel cell generator:

Highlights:

· Cost reduction of c.85% from current build cost, achieved through adoption of low cost stack technology and value engineering exercise.

· Supply agreement signed for future supply of fuel cell systems to support demand.

· Plans well progressed for volume manufacturing, with intention to enter into global strategic partnership with Volex Plc, a leading global integrated manufacturing specialist, to support AFC volume growth plans.

Following the signing of a supply agreement for custom fuel cell systems, in conjunction with an extensive value engineering exercise, AFC Energy has reduced the build cost of its 30kW hydrogen fuel cell generators by c.85%. This exceeds the Company's target for substantial generator cost reductions and helps to drive adoption of our technology to displace diesel, together with our hydrogen production capability, at cost parity.

AFC Energy and Volex Plc are working together with the intention to enter into a global strategic manufacturing partnership to support AFC Energy in driving cost down further through materials leverage and economies of scale.

John Wilson, CEO of AFC Energy plc commented:

"As previously announced, our strategy is to deliver commercial viability of the hydrogen economy, without reliance on Government subsidy. In April, alongside our results, we announced an aggressive plan to target a significant reduction of the cost of our 30kW hydrogen fuel cell generators to drive market adoption. I'm delighted that this ambition has been fulfilled, with an expected c.85% reduction, and we target mid-2026 for delivery of our first low cost generators. We are grateful for the support of Volex Plc to date and look forward to developing our strategic partnership."

For further information, please contact:

AFC Energy plc

John Wilson (Chief Executive Officer)

Karl Bostock (

Certainly is Ade an 85% cost reduction beating the 66% target. WOW !!!! Now thats news & huge news.

Oh you mean the funding provided by our new S&P 500 company that are picking up production costs to speed up cracker production etc ! I really think you need to keep up with the news in the Hydrogen market, things can rocket up extremely quickly.

Https://www.linkedin.com/posts/ammonia-europe_cleanshipping-ammoniafuel-fueleumaritime-activity-7338882824042651648-GEIc?utm_source=share&utm_medium=member_android&rcm=ACoAAE_X7dMBaH-4n42FbhAQMyhJuAkjuX0Ckxc

This world class & ground breaking Technology is now getting the attention it deserves.

The Ammonia cracker is getting some excellent free publicity.

You shorters seem to be panicking. Oh so Afc are rising on nothing are we ?

You obviously havnt heard of our Ammonia cracker technology, one of the biggest technological break through in the Hydrogen industry. If I were you I'd close you're shorts now & save yourselves some huge losses.

Https://www.linkedin.com/posts/nick-owen-61623a41_marinh3-conference-2025-activity-7338886119796727808-xIno?utm_source=share&utm_medium=member_android&rcm=ACoAAE_X7dMBaH-4n42FbhAQMyhJuAkjuX0Ckxc

Garonne

You are talking rubbish , those things are all true.

Unless of course you can produce you're evidence to the contrary. Admit it you're a shorter and loosing big time.