Member Info for sharesport

Company history:

In the expansion, realignment and constant development of its core technologies, Proton Power has consistently demonstrated deep market awareness. Proton Power has survived in the CleanTech Fuel Cell technology business when many companies failed in 2008 following the financial crash. In terms of technology design, Proton Power's CleanTech technology has always remained true to its vision and has driven innovation forwards into the new hydrogen world.

The Company began as Magnet Motor, starting fuel cell development in 1994 and opening its factory in 1998. The technology and application roadmap went from the world's first fuel cell powered fork lift truck to a fuel cell ship. After that we developed the triple hybrid Skoda bus in 2008. Containerised power solutions completed the application portfolio. All those applications are powered by our own fuel cell stacks, with a robust design for a long lifetime. The Company established operations in the Munich area and was one of the first German designer and manufacturer of fuel cells. International growth is now planned by looking for good partners with the same vision.

The ongoing "Dieselgate" situation and the COP21 targets present the industry as a whole, but in particular the automotive industry, with a huge challenge and fuel cells are expected to provide part of the solution.





Global fuel cell market:

The global fuel cell market was valued at US$3.83 billion in 2015 and this is expected to reach a market size of US$8.99 billion by 2021, with a CAGR of 15.28 % between 2015 and 2021.

Source: www.profsharemarketresearch.com/global-fuel-cell-market-news/

The following market segments have been identified by Proton Power as key target markets:

Stationary for businesses and people

This market includes back up power for telecoms and data centre installations.

Mobility

Hydrogen Battery Hybrid zero emission vehicles. This market includes city buses, airport vehicles, trucks, off-road vehicles to fork lift trucks.

Maritime

Building on our success with the tourist ship in Hamburg, we now plan to sell the know-how capability to partners to evolve this market.

Rail

Through the initial operation of the first fuel cell train by Alstom we see increasing interest from this sector.

Product status and manufacturing capacity

In 2017 the Group initiated a new development program to design the fourth generation of fuel cell systems. This new lighter weight and higher integration single stack modular designs cover power ranges from 2 up to 16 kW in 2 kW steps in the lower power class (PM200) and from 15 to 75 kW in 7.5 kW steps in the upper power class (PM400). Both power classes are available not just for stationary, but also for logistic, automotive, rail and maritime applications.

With these fourth-generation fuel cell stacks and systems the Group has set up strategic partnerships with electrical drive train manufacturers and vehicle

https://fuelcellsworks.com/news/proton-motor-launches-new-fuel-cell-manufacturing-plant/

DR video on PHE site at https://www.powerhouseenergy.net/

With all the focus on planning application I for one certainly overlooked the increased capacity and inclusion of Hydrogen. all coming together nicely. I couldn't find anything linked to CNN long-term but only had a quick look.

That is exactly what I was thinking BB. It all stacks up particularly when DR stated on proactive a few weeks back that Peel were particularly interested in the Hydrogen piece.

the Company upgraded production design capacity at the Protos site to 35 tonnes per day waste to produce up to 3.8MWe on site and produce up to 2 tonnes of hydrogen gas for fuel cell vehicles

§ Waste regeneration design capacity at Protos upgraded:

- regenerating 35 tonnes per day of waste plastics

- producing 3.8MWe on site and exporting 3.4MWe; and

- up to 2 tonnes of hydrogen per day, with some reduction in exported power

I agree Piltick - it wasn't clear. Stokey has made it clear but it shouldn't need to be shareholders doing that.

Thanks Stokey.
I agree z-cars - some comms on planning submission made would have been good.

Hi Piltick, the words used were 'Planning submission completed by Peel for Protos site'. Based on the proactive content stating following the AGM that the application was to be submitted in a couple of days I am reading all of this that it has been submitted, i.e. the submission has been completed. GLAH

Post- Period Highlights

§ Signature of collaboration contract with Peel to develop ten further sites.

§ Pipeline of opportunities now being developed to mature second and third project to planning stage.

§ Waste regeneration design capacity at Protos upgraded:

- regenerating 35 tonnes per day of waste plastics

- producing 3.8MWe on site and exporting 3.4MWe; and

- up to 2 tonnes of hydrogen per day, with some reduction in exported power

§ Planning submission completed by Peel for Protos site.

§ Efforts now moving on to identification, planning and permitting for follow on sites

§ In negotiation with overseas entities for exclusive regional representation.

All heading the right direction IMHO

The drop seems overdone based on the content of the Late RNS IMHO.

Proton Power Systems plc



("Proton" or the "Company")



Holding in Company and Director dealing



Proton 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 it has today been informed that, between 6 and 24 September 2019, SFN Cleantech Investment Ltd ("SFN"), a company in which Dr Faiz Nahab, CEO of the Company, has a 2% interest in the issued share capital, sold 385,000 ordinary shares in Proton ("Ordinary Shares") on the Frankfurt stock exchange at an average price of EUR 0.2821 per Ordinary Share and 15,000 ordinary shares in Proton ("Ordinary Shares") on the London stock exchange at an average price of GBP 0.25 per Ordinary Share

Following the above transaction SFN holds 595,879,682 Ordinary Shares representing 91.9 per cent of the Company's issued share capital.

Just an observation that Cameron Davies purchased shares on 24 July. Two months from that date is today 25 Sep.

Hi Kenny, Having looked through the slides I am of the opinion they have been updated - process diagram included but the Korean page has much more detail now. Happy to be corrected.

I missed the 'late' 128,000 / £62k buy late on Friday - Nice

Many thanks and much appreciated Jim

Thanks Notes - 2.99% Sneaky Indeed

Many thanks LZ

Recommended Kenny