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Pin to quick picksProton Mtr Pwr Regulatory News (PPS)

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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.
 
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NRAKKPBKFBDDODB
Date   Source Headline
30th Sep 20097:00 amRNSInterim Results
28th Sep 20097:00 amRNSAgreement with L-3 Communications
24th Sep 20092:47 pmRNSDebenture Agreement
31st Jul 200910:49 amRNSLoan Agreement
29th Jul 20093:43 pmRNSDirectors' Dealings
24th Jul 20094:10 pmRNSGrant of Options
23rd Jul 200912:20 pmRNSResult of AGM
16th Jul 200911:28 amRNSDirector Shareholding
15th Jul 20097:00 amRNSDelivery of fuel cell street cleaning vehicle
30th Jun 20097:00 amRNSFinal Results
23rd Jun 200910:30 amRNSNotice of Final Results
27th May 20097:00 amRNSContract manufacturing with Deutsche Mechatronics
12th May 200911:28 amRNSHolding(s) in Company
11th May 20097:00 amRNSLaunch of triple-hybrid fuel cell city bus
29th Apr 20096:17 pmRNSDirector shareholding and Convertible Loan Agmt
24th Mar 20097:00 amRNSISO 9001 quality management certification
17th Feb 20091:46 pmRNSDirector/PDMR Shareholding
13th Feb 20093:45 pmRNSEquity Issue and Director Shareholding
29th Jan 20093:30 pmRNSDirectorate Change
16th Jan 20095:01 pmRNSDirector/PDMR Shareholding
13th Jan 20097:00 amRNSIssue of Equity and Total Voting Rights
23rd Dec 20083:10 pmRNSEquity Subscription
12th Dec 20089:20 amRNSDirectorate Change
11th Nov 20082:21 pmRNSResignation of Director
6th Nov 20083:17 pmRNSDirector/PDMR Shareholding
6th Nov 20081:56 pmRNSResults of General Meeting
24th Oct 200810:28 amRNSTotal Voting Rights
23rd Oct 20082:51 pmRNSHolding(s) in Company
23rd Oct 20089:31 amRNSHolding(s) in Company
13th Oct 20085:00 pmRNSPosting of Circular
10th Oct 20089:30 amRNSHolding(s) in Company
7th Oct 20087:00 amRNSZemship award win
6th Oct 20087:00 amRNSIssue of Equity
2nd Oct 20083:58 pmRNSGrant of Options
25th Sep 20087:01 amRNSSubscription of 20,000,000 new Ordinary Shares
25th Sep 20087:00 amRNSInterim Results
16th Sep 20087:00 amRNSapproval by leading global service organisation
1st Sep 20087:00 amRNSAppointment of Non-Executive
29th Aug 20087:00 amRNSWorld's first fuel cell-drive
31st Jul 200810:30 amRNSAppointment of adviser
30th Jul 20087:00 amRNSAppointment of Chief Executiv
23rd Jul 200810:32 amRNSResult of AGM & Directorate C
10th Jul 20087:00 amRNSDirectorate Change
9th Jul 20083:55 pmRNSRe: Nominated Adviser and Bro
30th Jun 20089:00 amRNSAnnual Report and Accounts
27th Jun 20082:30 pmRNSFinal Results
20th Jun 200810:09 amRNSHolding(s) in Company
17th Jun 20087:00 amRNSProton wins the Bavarian Inno
16th Jun 20084:04 pmRNSHolding(s) in Company
4th Jun 20088:48 amRNSHolding(s) in Company

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