If you would like to ask our webinar guest speakers from WS Blue Whale Growth Fund, Taseko Mines, Kavango Resources and CQS Natural Resources fund a question please submit them here.

Less Ads, More Data, More Tools Register for FREE

Pin to quick picksProton Mtr Pwr Regulatory News (PPS)

Share Price Information for Proton Mtr Pwr (PPS)

London Stock Exchange
Share Price is delayed by 15 minutes
Get Live Data
Share Price: 2.40
Bid: 2.30
Ask: 2.50
Change: 0.00 (0.00%)
Spread: 0.20 (8.696%)
Open: 2.40
High: 2.40
Low: 2.40
Prev. Close: 2.40
PPS Live PriceLast checked at -

Watchlists are a member only feature

Login to your account

Alerts are a premium feature

Login to your account

Further details on existing order

26 Nov 2020 07:00

RNS Number : 5414G
Proton Motor Power Systems PLC
26 November 2020
 

 

 

 

 

 

26 November 2020

 

 

Proton Motor Power Systems plc

 

("Proton Motor" or the "Company")

Further details on existing order for the rail segment

 

On 4 February 2020 Proton Motor Power Systems plc (AIM: PPS), the designer, developer and producer of fuel cells and fuel cell electric hybrid systems with a zero-carbon footprint, announced that it had received an order from a new customer in Europe for a Hydrogen Fuel Cell system to be integrated into a mobility related application. Delivery is scheduled for May 2021.

 

Proton Motor has now been given clearance to announce further details with regard to the order as follows:

 

The order consists of the world´s first integration of a fuel cell into a rail milling machine as part of the flagship project "MG11 H2" of the Austrian corporation Linsinger Maschinenbau Gesellschaft m.b.H. (www.linsinger.com), the world market leader in rail milling machines. This project was recently officially presented at the Linsinger headquarters to the media and to representatives from business and local government.

 

Proton Motor will be delivering a 214 kW hydrogen fuel cell system specifically adapted to Linsinger´s requirements. The high-performance milling machine MG11 has a purely electric drive, without any hydraulics. This means that Linsinger´s future rail milling machines, which will replace those currently powered by diesel engines, will be providing a solution to the increasingly stringent regulations regarding pollution from exhausts and excessive noise levels. Especially in underground tunnels, the new machine has clear advantages over current diesel powered machines. Furthermore the health risk of the operating crew will also be minimised via the emission-free milling concept, which also eliminates dust pollution.

 

Dr. Nahab, CEO of Proton, commented: "Here we have a clear indication of hydrogen as an environmentally friendly energy source generating substantial added value in the rail segment - and not only in passenger transport. Rail maintenance benefits from Proton Motor´s innovative zero-emission cleantech solutions."

 

 

 

For further information:

Proton Motor Power Systems plc

 

Dr Faiz Nahab, CEO

Helmut Gierse, Chairman

Sebastian Goldner, COO/CTO

Roman Kotlarzewski, CFO

Manfred Limbrunner, Director Sales and Marketing

 

 

 

Tel: +49 (0) 173 189 0923

www.protonpowersystems.com

investor-relations@proton-motor.de

Shore Capital

Nominated adviser and broker

 

 

Antonio Bossi / David Coaten

Tel: +44 (0) 20 7408 4050

www.shorecap.co.uk

About Proton Motor Fuel Cell GmbH

Proton Motor has more than 20 years of experience in Power Solutions using CleanTech technologies such as hydrogen fuel cells, fuel cell and hybrid systems with a zero carbon footprint. Based in Puchheim near Munich, Proton Motor offers complete fuel cell and hybrid systems from a single source - from the development and production through the implementation of customized solutions. The focus of Proton Motor is on back-to-base, for example, for mobile, marine and stationary solutions applications. The product portfolio consists of base-fuel cell systems, standard complete systems, as well as customized systems.

 

Proton Motor serves IT, Telecoms, public infrastructure and healthcare customers in Germany, Europe and Middle East with power supply solutions for DC and AC power demand. In addition to power supply, SPower also offers solutions for Solar Systems as well as a new product line for Solar Energy Storage.

 

Proton Motor Fuel Cells GmbH is a wholly owned subsidiary of Proton Motor Power Systems plc. The Company has been quoted on the AIM market of the London Stock Exchange since October 2006 (code: PPS).

 

About Linsinger Maschinenbau Gesellschaft mbH

Linsinger has a tradition of more than 80 years as a global leader for milling, sawing and rail technology. Linsinger´s aim is to maintain their technological edge in the market, by listening to customers and offering optimal products and services in order to support the successful operations of more than 400 satisfied clients. www.linsinger.com

 

 

This information is provided by Reach, the non-regulatory press release distribution service of RNS, part of the London Stock Exchange. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our Privacy Policy.
 
END
 
 
NRAKKPBKFBDDODB
Date   Source Headline
8th May 20247:00 amRNSManagement of Cost Base
23rd Apr 20246:07 pmRNSDirector dealing
28th Mar 20245:00 pmRNSTotal Voting Rights
26th Mar 20247:00 amRNSDirector dealing
20th Mar 202410:21 amRNSDirector dealing
8th Mar 20247:00 amRNSIssue of Equity and Total Voting Rights
5th Mar 20244:21 pmRNSIssue of Equity
27th Feb 20247:00 amRNSFull Year Trading Update
10th Jan 20247:00 amRNSIntroduction of new hydrogen fuel cell system
28th Nov 20237:00 amRNSIssue of Equity
27th Nov 20237:00 amRNSFollow-Up Order from GKN Hydrogen and Grant Award
14th Sep 20237:00 amRNSHalf-year Report
11th Sep 20237:00 amRNSChange to Director Roles and Responsibilities
4th Sep 20237:00 amRNSOfficial presentation of new production facility
17th Aug 20237:00 amRNSNotice of Investor Event
25th Jul 20237:00 amRNSNew Order for a Standalone Fuel Cell System
13th Jul 20237:00 amRNSRepeat order from DB Bahnbau Gruppe
30th Jun 20232:48 pmRNSResult of AGM
20th Jun 20237:00 amRNSFinal Results
20th Jun 20237:00 amRNSVariation to Loan Agreement
16th Jun 20239:33 amRNSInvestor Webinar
2nd Jun 20237:00 amRNSNew order from University of Stuttgart
31st May 20237:00 amRNSAppointment of Non-Executive Director
5th May 20237:00 amRNSNew order from Shell Renewables & Energy Solutions
23rd Feb 20237:00 amRNSChange of Registered Office
21st Feb 20237:00 amRNSCustomer system integration and MoU
9th Feb 20237:00 amRNSDirector dealings and employee share scheme grants
31st Jan 20232:40 pmRNSFollow-up order from GKN Hydrogen
27th Jan 20234:07 pmRNSDirector dealing
26th Jan 20237:00 amRNSNew order from UMSTRO GmbH
30th Dec 20221:00 pmRNSTotal Voting Rights
21st Dec 20225:25 pmRNSDirector dealings & Key Person Stock award scheme
24th Oct 20227:00 amRNSNew production facility
29th Sep 20227:00 amRNSDepartment changes & leadership appointments
28th Sep 20227:00 amRNSHalf-year Report
6th Sep 20227:00 amRNSSystem deliveries
22nd Aug 20227:00 amRNSLaunch of large power generation pack
29th Jul 20225:00 pmRNSTotal Voting Rights
22nd Jul 20225:57 pmRNSDirector dealing
15th Jul 20224:38 pmRNSKey person stock award scheme
8th Jul 20223:48 pmRNSDirector dealings & Key Person Stock award scheme
29th Jun 20224:56 pmRNSResult of AGM
13th Jun 20227:00 amRNSFinal Results
13th Jun 20227:00 amRNSLoan Extensions
31st May 20227:00 amRNSChange of Registered Office
11th Mar 20222:31 pmRNSDirector/PDMR Shareholding
9th Mar 20224:36 pmRNSPrice Monitoring Extension
7th Mar 20227:00 amRNSDirector dealings and employee share scheme grants
14th Feb 20227:00 amRNSPost year end trading update
10th Feb 20222:32 pmRNSHolding(s) in Company

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.