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Advent Technologies Holdings, Inc. - ADN STOCK NEWS

Welcome to our dedicated page for Advent Technologies Holdings news (Ticker: ADN), a resource for investors and traders seeking the latest updates and insights on Advent Technologies Holdings stock.

Advent Technologies Holdings, Inc. (NASDAQ: ADN) is a pioneering company excelling in the fuel cell and hydrogen technology sectors. Headquartered in Boston, Massachusetts, Advent develops, manufactures, and assembles complete fuel cell systems and critical components essential for the performance of hydrogen fuel cells and other energy systems. The company's innovations serve various industries including automotive, aviation, defense, power generation, and marine.

Advent specializes in high-temperature membrane electrode assembly (MEA) technology used in high-temperature PEM fuel cells and hydrogen cleanup devices. Their advanced materials and components facilitate clean energy solutions in specialized applications such as military battery rechargers, aerospace, telecom, remote power, and hydrogen generation. Additionally, the company offers solutions improving wind and solar energy storage through redox flow batteries, addressing the critical issue of matching production with demand in these sectors.

Recent achievements include the unveiling of the SereneP product line, which provides versatile power solutions for construction sites and EV charging applications, reducing CO2 emissions by up to 100% with eFuel use. Advent has also made significant strides in the home energy sector by creating highly efficient, platinum-free clean electricity and heat systems from natural gas, with over 100,000 systems sold.

Advent collaborates with industry leaders and institutions globally, including a recent joint development agreement with Siemens Energy. They aim to develop a 500kW HT-PEM fuel cell solution for maritime applications. Their commitment to innovation is further demonstrated by securing funding for the RiverCell 3 project and the Green HiPo IPCEI project, aiming to transition regions from coal-based economies to greener models.

Emphasizing sustainability, Advent’s HT-PEM fuel cells enable the use of various fuels at high temperatures and under extreme conditions, driving the future of clean energy. The company holds over 150 patents, showcasing its dedication to technological advancements and environmental responsibility.

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Advent Technologies Holdings, Inc. has signed a Memorandum of Understanding (MoU) with DEPA Commercial S.A., aiming for a strategic collaboration on hydrogen projects in Greece. The MoU outlines a framework for further agreements, including the production of eco-friendly hydrogen fuel and the development of a high-efficiency Combined Heat and Power (CHP) system. This partnership is expected to enhance Greece's energy future and promote hydrogen technologies, contributing positively to the national economy and energy security.

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Advent Technologies Holdings, Inc. (NASDAQ: ADN) has fulfilled its first shipment order of the Honey Badger 50™, a compact portable fuel cell system, to the United States Department of Defense via the U.S. Army DEVCOM C5ISR Center. This system, designed for off-grid military and rescue applications, can generate up to 50W of power using biodegradable methanol, ensuring silent operations with clean emissions. With applications expected in various sectors, Advent aims to lead innovation in fuel cell technologies.

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Advent Technologies Holdings (NASDAQ: ADN) is set to report its Q2 2022 financial results on August 9, 2022, following the fiscal quarter ended June 30, 2022. The company, known for its innovations in fuel cell and hydrogen technology, will host a conference call at 9:00 AM ET the same day to discuss the results. Interested participants can join via provided dial-ins.

The company emphasizes its extensive portfolio with over 150 patents, focusing on next-generation technologies for varied applications.

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Advent Technologies Holdings, Inc. (NASDAQ: ADN) announces that Dr. Panoraia ‘Nora’ Gourdoupi has joined its board of directors. Dr. Gourdoupi, a long-time member of Advent since 2006, is currently the Senior Vice President of Corporate Business Development. She played a vital role in the approval of the Green HiPo project, which positions Advent as a leader in green energy technologies. Dr. Gourdoupi takes over the board position previously held by Dr. Christos Kaskavelis, who resigned but continues as the Chief Marketing Officer.

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Advent Technologies Holdings, Inc. (NASDAQ: ADN) announced the official ratification of its Green HiPo project by the European Commission as part of the IPCEI Hydrogen – Technology initiative. This project aims to develop hydrogen technology, receiving up to €5.4 billion in public funding, potentially unlocking €8.8 billion in private investments. Advent is one of eight SMEs included in the initiative, which involves cooperation with over 300 partners across Europe. The initiative is expected to enhance the hydrogen technology value chain and contribute to a greener future.

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Advent Technologies Holdings, Inc. (NASDAQ: ADN) held its 2022 Investor Day on July 7, detailing advancements in fuel cell technology and hydrogen projects. Key announcements included Euro 782.1 million funding from the Greek State for the Green HiPo Project aimed at decarbonizing power production. The company also discussed collaborations with major auto manufacturers like Hyundai and initiatives to boost electrolyser manufacturing in the EU. The webcast of the event is now available for on-demand viewing.

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Advent Technologies Holdings, Inc. (NASDAQ: ADN) is hosting its 2022 Investor Day, highlighting advancements in fuel cell technology and hydrogen projects. The event includes a discussion on the Green HiPo Project, which has €782.1 million in funding from the Greek State for developing HT-PEM fuel cells. Advent's strategic partnerships with the U.S. Department of Energy and Department of Defense were also noted. The company aims to position itself as a leader in the hydrogen economy while showcasing innovations in its products and systems.

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Advent Technologies Holdings, Inc. (NASDAQ: ADN) announced a virtual Investor Day on July 7, 2022, at 9 a.m. EDT. Senior executives will present advancements in fuel cell technology and hydrogen projects across the U.S., Europe, and Asia. The event will include presentations and a Q&A session, accessible via webcast. CEO Dr. Vasilis Gregoriou emphasized the goal of providing insights into market developments in the hydrogen economy. Advent, based in Boston, holds over 150 patents for fuel cell technology and focuses on renewable energy solutions.

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Advent Technologies Holdings, Inc. (NASDAQ: ADN) announced that its CEO, Dr. Vasilis Gregoriou, will participate in a fireside chat at the J.P. Morgan Energy, Power & Renewables Conference on June 23, 2022, at 3:35 p.m. EDT. The event will take place in New York City, and Dr. Gregoriou will engage in multiple investor meetings. A live webcast will be available on Advent's investor site, with a replay accessible the following day. Advent specializes in fuel cell technology and has significant intellectual property in high-temperature polymer electrolyte membranes.

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Advent Technologies Holdings (NASDAQ: ADN) has announced receiving funding notification of €782.1 million from the Greek State under the IPCEI Hydrogen - Technology initiative. The funding, pending EU approval, will support Advent's Green HiPo project over six years. The project aims to manufacture fuel cell systems and electrolysers in Western Macedonia, Greece, contributing to the region's transition to a greener economy. This recognition highlights Advent's innovation in hydrogen technology and its potential impact on clean energy production.

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FAQ

What is the current stock price of Advent Technologies Holdings (ADN)?

The current stock price of Advent Technologies Holdings (ADN) is $7.3 as of November 22, 2024.

What is the market cap of Advent Technologies Holdings (ADN)?

The market cap of Advent Technologies Holdings (ADN) is approximately 19.6M.

What does Advent Technologies Holdings, Inc. specialize in?

Advent Technologies specializes in developing, manufacturing, and assembling complete fuel cell systems and critical components for hydrogen fuel cells and other energy systems.

What are some of the key applications of Advent's technology?

Advent's technology is utilized in military battery rechargers, aerospace, telecom, remote power, hydrogen generation, and improving wind and solar energy storage with redox flow batteries.

What recent products has Advent Technologies launched?

Advent recently introduced the SereneP product line, which provides portable power solutions for construction sites and EV charging applications, significantly reducing CO2 emissions.

How is Advent Technologies contributing to the home energy sector?

Advent has developed highly efficient, platinum-free clean electricity and heat systems from natural gas for home energy, with over 100,000 systems sold.

What notable collaborations has Advent engaged in?

Advent has partnered with Siemens Energy to develop a 500kW HT-PEM fuel cell solution for maritime applications, and it actively participates in projects like RiverCell 3 and Green HiPo IPCEI.

What are the environmental benefits of Advent's SereneP product line?

The SereneP product line offers up to 100% reduction in CO2 emissions with eFuel use, making it a highly eco-friendly power generation solution compared to traditional fossil fuel sources.

Where is Advent Technologies headquartered?

Advent Technologies is headquartered in Boston, Massachusetts, with offices in California, Greece, Denmark, Germany, and the Philippines.

How many patents does Advent Technologies hold?

Advent Technologies holds over 150 patents, reflecting its commitment to innovation in fuel cell technology.

What recognition has Advent Technologies received for its projects?

Advent's Green HiPo project received funding approval from the Greek Ministry of Economy and Finance, and the RiverCell 3 project is partially funded by the German Federal Ministry for Digital and Transport.

What steps is Advent taking to comply with Nasdaq listing requirements?

Advent is executing a 1-for-30 reverse stock split to meet Nasdaq's $1.00 per share minimum bid price requirement and plans to file its Annual Report and quarterly reports to regain compliance with SEC reporting obligations.

Advent Technologies Holdings, Inc.

Nasdaq:ADN

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19.64M
2.20M
16.64%
3.38%
1.99%
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