Cobus Loots, CEO of Pan African Resources, on delivering sector-leading returns for shareholders. Watch the video here.

Less Ads, More Data, More Tools Register for FREE

Pin to quick picksItm Power Regulatory News (ITM)

Share Price Information for Itm Power (ITM)

London Stock Exchange
Share Price is delayed by 15 minutes
Get Live Data
Share Price: 53.85
Bid: 53.70
Ask: 54.15
Change: 0.15 (0.28%)
Spread: 0.45 (0.838%)
Open: 55.95
High: 55.95
Low: 52.75
Prev. Close: 53.70
ITM Live PriceLast checked at -

Watchlists are a member only feature

Login to your account

Alerts are a premium feature

Login to your account

Manufacturing System Update

15 Jun 2010 07:00

RNS Number : 5993N
ITM Power PLC
15 June 2010
 



 

15 June 2010

 

 

ITM Power plc 

("ITM Power" or "the Company")

Manufacturing System Update

 

ITM Power, the energy storage and clean fuel company, is pleased to announce that it has completed the roll out of itsmanufacturing system for the Company's products, initially those unveiled at two recent trade fairs in Germany and California. The current products can be viewed on the Company's web site. The manufacturing system enables the seamless design and manufacture of components and products and represents the last major milestone in the commercial launch of ITM Power's product range ahead of completion of CE accreditation.

 

The Company has a team of ten staff trained in Computer Aided Design (CAD) and Computer Aided Manufacture (CAM). These two systems are fully integrated to allow effective data transfer and data storage using a central design vault. Each product has its own dedicated design engineer and the design team ensures that all products maintain brand image and maximise supply chain efficiency.

 

ITM Power has external supply chains established for its components and assemblies but manufactures key components in-house. The in-house development and design engineers work together closely to make optimal use of their expertise in all aspects of design and production. To ensure efficiency, quality and traceability, the manufacturing system also streams data directly to CNC machines and is networked across sites to aid capacity planning.

 

In brief, the Company now has an ISO accredited system seamlessly linking business development with manufacturing, representing manufacturing industry best practice. With the integration of CAD, CAM, Procurement and Manufacturing, ITM Power now has the systems necessary for the manufacture and delivery of its new electrolyser products.

 

Commenting, ITM Power CEO Graham Cooley said "ITM is finalising systems and channels in readiness for the completion of our CE product accreditation. The seamless business development and manufacturing system is a key step for ITM in responding to customer traction from the launch of our initial product range at the Hannover Messe and the US NHA conference in Long Beach, California."

 

Production Manager Shaun Stancliffe added "After a great deal of planning and hard work, we are delighted to have now achieved the full integration of our business development, product design and manufacturing systems into a seamless process. We can now fully plan and resource the fulfilment of customer orders at the touch of a button whilst maintaining full traceability and quality assurance."

 

For further information please visit www.itm-power.com or contact:

 

ITM Power plc

Graham Cooley, CEO

0114 244 5111

Panmure Gordon & Co.

Katherine Roe/Andrew Godber

020 7459 3600

 

Tavistock Communications

Simon Hudson / James Midmer

020 7920 3150

 

This information is provided by RNS
The company news service from the London Stock Exchange
 
END
 
 
MSCFIMFTMBABBMM
Date   Source Headline
15th May 20244:43 pmRNSDirector/PDMR Shareholding
8th May 20246:00 pmRNSTotal Voting Rights
26th Apr 20247:00 amRNSPartnership with Hygen for industry growth
16th Apr 20241:32 pmRNSDirector/PDMR Shareholding
15th Mar 20244:00 pmRNSDirector/PDMR Shareholding
16th Feb 20244:00 pmRNSDirector/PDMR Shareholding
5th Feb 20244:00 pmRNSBlock listing Interim Review
31st Jan 20247:00 amRNSInterim Results
16th Jan 20244:00 pmRNSDirector/PDMR Shareholding
15th Jan 20247:00 amRNSNotice of Interim Results and Presentation
15th Dec 20234:00 pmRNSDirector/PDMR Shareholding
11th Dec 20237:00 amRNS100MW Capacity Reservation
4th Dec 20237:00 amRNSTrading Update
15th Nov 20234:00 pmRNSDirector/PDMR Shareholding
8th Nov 20237:00 amRNSLaunch of Hybrid Stack
30th Oct 20237:00 amRNSGrants under Long Term Incentive Plan
20th Oct 20237:00 amRNSITM announces completed sale of Motive Fuels Ltd
16th Oct 20237:00 amRNSEntry into the US market
13th Oct 20234:00 pmRNSDirector/PDMR Shareholding
19th Sep 20237:00 amRNSDirector/PDMR Shareholding
15th Sep 20234:00 pmRNSDirector/PDMR Shareholding
11th Sep 20234:30 pmRNSTotal Voting Rights
11th Sep 20234:30 pmRNSBlock listing Interim Review
1st Sep 20237:00 amRNSNotice of Annual General Meeting and Annual Report
17th Aug 20237:01 amRNSITM Power releases POSEIDON 20MW module
17th Aug 20237:00 amRNSITM Power PLC: Final Results
15th Aug 20234:00 pmRNSDirector/PDMR Shareholding
14th Aug 20237:00 amRNSHeads of Terms for sale of Motive Fuels Ltd
26th Jul 20237:00 amRNSRoadmap for strategic collaboration with Gore
25th Jul 20237:00 amRNSUpdate on timing of FY23 results announcement
17th Jul 202311:00 amRNSITM Power contract award towards 100MW project
17th Jul 20239:46 amRNSDirector/PDMR Shareholding
10th Jul 20237:00 amRNSITM Power Expands in Germany
3rd Jul 20237:00 amRNSStrategic collaboration with Mott Corporation
30th Jun 20237:00 amRNSUKCA Accreditation Received
15th Jun 20234:00 pmRNSDirector/PDMR Shareholding
14th Jun 20234:00 pmRNSHolding(s) in Company
1st Jun 20237:00 amRNSTrading Update
16th May 20234:00 pmRNSDirector/PDMR Shareholding
17th Apr 20234:00 pmRNSDirector/PDMR Shareholding
3rd Apr 20237:00 amRNSAdditional facilities at Bessemer Park
24th Mar 202312:33 pmRNSDirector/PDMR Shareholding
16th Mar 20234:00 pmRNSDirector/PDMR Shareholding
14th Mar 20237:00 amRNSExpanding test capacity
16th Feb 20235:00 pmRNSDirector/PDMR Shareholding
14th Feb 20237:00 amRNSLTIP Grant
3rd Feb 20236:00 pmRNSBlock listing Interim Review
31st Jan 20237:00 amRNSInterim Results and Strategic Update
23rd Jan 20237:00 amRNSNotice of Interim Results
17th Jan 20234:00 pmRNSDirector/PDMR Shareholding

Due to London Stock Exchange licensing terms, we stipulate that you must be a private investor. We apologise for the inconvenience.

To access our Live RNS you must confirm you are a private investor by using the button below.

Login to your account

Don't have an account? Click here to register.

Quickpicks are a member only feature

Login to your account

Don't have an account? Click here to register.