Welcome to our dedicated page for Advent Technologies Holdng news (Ticker: ADN), a resource for investors and traders seeking the latest updates and insights on Advent Technologies Holdng stock.
Advent Technologies Holdings Inc (NASDAQ: ADN) delivers innovative fuel cell solutions through its proprietary high-temperature PEM technology. This dedicated news hub provides investors and industry stakeholders with essential updates on the company's advancements in clean energy systems.
Access real-time announcements covering strategic partnerships, product developments, and financial milestones. Our curated collection includes press releases related to:
• Next-gen MEA technology breakthroughs
• Defense and aerospace sector collaborations
• Renewable energy storage innovations
• Financial performance and market positioning
Stay informed about ADN's progress in developing platinum-free fuel cell systems for automotive, military, and stationary power applications. This resource serves as your primary source for tracking the company's role in advancing sustainable energy solutions across global markets.
Bookmark this page for continuous access to verified updates on Advent Technologies' operational developments and industry leadership in high-temperature fuel cell technology.
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Advent Technologies Holdings, Inc. (NASDAQ: ADN) is pleased to introduce the SereneP, a revolutionary product line set to redefine portable power solutions with a focus on construction and EV charging applications. The SereneP offers unparalleled flexibility, environmental benefits, rugged reliability, and competitive advantages over traditional power sources. The company's global network of fuel suppliers guarantees a steady methanol supply for SereneP, positioning it as an ideal solution for the evolving demand for clean and highly portable power across construction and beyond.
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Advent Technologies Holdings, Inc. (NASDAQ: ADN) has signed a new frame contract with Volta Energy, a Dutch company specializing in hybrid mobile power products. The initial value of the contract is €1.8 million, and deliveries are set to begin in January 2024. Advent will supply its methanol-powered fuel cell units to Volta Energy, serving as sustainable backup power solutions. The press release highlights the successful collaboration between the two companies and the environmental benefits of Advent's Serene fuel cells.
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Advent Technologies Holdings, Inc. (NASDAQ: ADN) announces a new $2.8 million contract with the U.S. Department of Defense for the development of the HB50 portable fuel cell system. This contract is in addition to the previous $2.2 million contract announced in September 2023. The HB50 system, fueled by biodegradable methanol, is designed to power communication devices, surveillance systems, and laptops for defense applications. Advent Technologies aims to set new industry standards in fuel cell efficiency, longevity, and power density with this innovative technology.
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Advent Technologies Holdings, Inc. (ADN) has been granted an additional 180-day compliance period by Nasdaq to regain compliance with the minimum bid price rule. The company must meet the $1.00 bid price per share requirement by May 20, 2024, to avoid potential delisting.
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Advent Technologies Holdings, Inc. (NASDAQ: ADN) has received an update from the Greek State regarding the implementation of the Green HiPo IPCEI Hy2Tech project. The Greek State has confirmed its continued commitment to the project, providing a current budget of EUR 60 million, with 40% of that funding as a grant from Greece’s Just Transition Fund. This initial grant will kickstart the successful implementation of the Green HiPo Project, contributing to Europe’s decarbonization and energy independence objectives.
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Advent Technologies Holdings, Inc. (NASDAQ: ADN) announced operational highlights, financial results, and business updates. The company signed a term sheet with Airbus for a joint project using HT-PEM fuel cells in aviation, secured a new supply contract with the U.S. Department of Defense worth $2.2 million, and received a $1.3 million order from a fuel cell integrator in Asia. Advent also unveiled its Serene Power Systems at the 2023 Monaco Yacht Show and continued discussions with the Greek State for state aid funding of its Green HiPo project. The Q3 2023 financial highlights include $1.3 million in revenue and a net loss of $(11.8) million. The company's unrestricted cash reserves were $3.7 million as of September 30, 2023.
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Advent Technologies Holdings, Inc. (NASDAQ: ADN) will release its Q3 2023 financial results on November 14, 2023, and host a conference call the same day at 9:00 AM ET to discuss the results.
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Advent Technologies Holdings, Inc. has partnered with Airbus for a joint benchmarking project on an optimized Ion Pair™ Membrane Electrode Assembly for hydrogen fuel cells. The multi-million dollar collaboration will last for two years and aims to accelerate the development of Advent's MEA. The project will primarily focus on the needs for future hydrogen-fueled planes and has the potential to reduce the weight and volume of powertrain systems.
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Advent Technologies actively participated in the Clean Transition Dialogue on Hydrogen organized by the European Commission. The event focused on the role of hydrogen in Europe's energy independence. Advent's CEO briefed President von der Leyen on the progress of projects endorsed by the EU. The Green HiPo project, which received funding of up to EUR 782.1 million, aims to produce power and green hydrogen through fuel cell and electrolyser systems. Advent Technologies is expected to lead in electrifying commercial ships, trucks, and aircraft.
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Advent Technologies and Technohull collaborate on innovative electric vessel with eMethanol-powered fuel cell systems
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Advent Technologies Holdng Inc
Nasdaq:ADN
ADN Stock Data
6.82M
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9.92%
6.42%
3.74%
Electrical Equipment & Parts
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United States
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