The latest Investing Matters Podcast with Jean Roche, Co-Manager of Schroder UK Mid Cap Investment Trust has just been released. Listen 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: 1.925
Bid: 1.75
Ask: 2.10
Change: 0.00 (0.00%)
Spread: 0.35 (20.00%)
Open: 1.925
High: 1.925
Low: 1.925
Prev. Close: 1.925
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
10th Feb 20222:32 pmRNSHolding(s) in Company
30th Dec 20214:40 pmRNSSecond Price Monitoring Extn
30th Dec 20214:36 pmRNSPrice Monitoring Extension
29th Dec 202111:00 amRNSResult of GM & completion of subdivision
14th Dec 20217:00 amRNSPublication of Circular
13th Dec 20211:51 pmRNSNotice of GM
7th Dec 20212:20 pmRNSProposed waiver of conversion rights & share split
1st Dec 20217:00 amRNSChange of Adviser
15th Nov 20218:34 amRNSUpdate on the marine sector
5th Nov 20214:41 pmRNSSecond Price Monitoring Extn
5th Nov 20214:35 pmRNSPrice Monitoring Extension
5th Nov 20217:00 amRNSOrder from DB Bahnbau
21st Oct 20219:05 amRNSSecond Price Monitoring Extn
21st Oct 20219:00 amRNSPrice Monitoring Extension
19th Oct 20212:06 pmRNSSecond Price Monitoring Extn
19th Oct 20212:01 pmRNSPrice Monitoring Extension
19th Oct 202111:00 amRNSPrice Monitoring Extension
13th Oct 202111:05 amRNSSecond Price Monitoring Extn
13th Oct 202111:00 amRNSPrice Monitoring Extension
29th Sep 20214:41 pmRNSSecond Price Monitoring Extn
29th Sep 20214:36 pmRNSPrice Monitoring Extension
17th Sep 20217:00 amRNSHalf-year Report
19th Aug 20217:00 amRNSFurther order from GKN
5th Aug 20217:00 amRNSDirectorate Change
30th Jul 20217:00 amRNSInitial order from Electra
22nd Jul 20217:00 amRNSNew follow-on order from E-Trucks Europe
13th Jul 20217:00 amRNSFifth order from GKN
25th Jun 20213:21 pmRNSResult of AGM
22nd Jun 20217:00 amRNSMemorandum of Understanding
11th Jun 20219:08 amRNSPosting of Annual Financial Report 2020
10th Jun 20217:00 amRNSFinal Results
10th Jun 20217:00 amRNSLoan Extensions
31st Mar 20217:00 amRNSEmployee and other share schemes
18th Mar 20217:00 amRNSNew Order
4th Mar 20217:00 amRNSTrading Update
11th Feb 20217:00 amRNSDirector/PDMR Shareholding
29th Jan 20217:00 amRNSDirector dealing and Employee share scheme
28th Jan 202111:06 amRNSSecond Price Monitoring Extn
28th Jan 202111:00 amRNSPrice Monitoring Extension
28th Jan 20219:15 amRNSConversion of loans
27th Jan 20212:05 pmRNSSecond Price Monitoring Extn
27th Jan 20212:00 pmRNSPrice Monitoring Extension
27th Jan 20217:00 amRNSHolding(s) in Company
25th Jan 20214:41 pmRNSSecond Price Monitoring Extn
25th Jan 20214:36 pmRNSPrice Monitoring Extension
25th Jan 20212:06 pmRNSSecond Price Monitoring Extn
25th Jan 20212:01 pmRNSPrice Monitoring Extension
25th Jan 20217:00 amRNSNew Order
20th Jan 20217:00 amRNSAppointment Investor & Business Relations Advisor
12th Jan 202110:15 amRNSHolding(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.