Advent Technologies (ADN) Announces $2.2M of Contracts for Delivery of MEA Electrochemistry Components
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Advent Technologies signs new contracts worth $2.2 million for delivery of MEA electrochemistry components
February 15, 2022 8:45 AM ESTBOSTON--(BUSINESS WIRE)-- Advent Technologies Holdings, Inc. (NASDAQ: ADN) (Advent or the Company), an innovation-driven leader in the fuel cell and hydrogen technology space, is pleased to announce the signing of new contracts with manufacturers of clean power generation and energy storage solutions for the delivery of electrochemistry components.
The contracts were signed in the fourth quarter of 2021 and have a combined value of $2.2 million. Advent began delivering electrochemistry components in the fourth quarter of 2021 and deliveries are expected to continue through September 2022. The vast majority of the new business is from North American based... More