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U.S. Department of Defense Selects Advent’s Wearable Fuel Cell for 2021 Validation Program

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Advent Technologies Holdings (NASDAQ: ADN) and its subsidiary UltraCell announced that the UltraCell 50 W Reformed Methanol Fuel Cell Power System, known as the 'Honey Badger', has been selected for a demonstration program by the U.S. Department of Defense. This initiative aims to support the U.S. Army's goal of a technology-enabled force by 2028. The Honey Badger is designed for mobility and can operate indoors without harmful emissions, addressing concerns about disposable batteries and traditional generators. The system is set for rapid design improvements over two years based on soldier feedback.

Positive
  • Selection of Honey Badger by the U.S. Department of Defense for a validation program.
  • Innovative technology that addresses sustainability and mobility for soldiers.
  • Honey Badger is the only fuel cell included in the DoD program.
  • Significant weight reduction compared to traditional batteries (3x-25x lighter).
Negative
  • None.

Advent Technologies Holdings, Inc. (NASDAQ: ADN) (“Advent”) and its subsidiary, UltraCell, today announced that UltraCell’s 50 W Reformed Methanol Wearable Fuel Cell Power System (“Honey Badger”) has been selected by the U.S. Department of Defense’s National Defense Center for Energy and Environment (“NDCEE”) to take part in its demonstration/validation program for 2021. The NDCEE is a Department of Defense program that addresses high-priority environmental, safety, occupational health and energy technological challenges that are demonstrated and validated at active installations for military application. UltraCell’s “Honey Badger 50” fuel cell is the only fuel cell that is part of this program which supports the U.S. Army’s goal of having a technology-enabled force by 2028.

UltraCell’s newly developed Honey Badger 50 Fuel Cell System is optimized to operate on a soldier-worn plate carrier or ruck carried for “on the move” battery charging. Under the program, led by the U.S. Army DEVCOM C5ISR Center, the Honey Badger will undergo rapid design spirals over two years applying user feedback gained during soldier touch points. The Honey Badger system is designed to integrate with materials already in the U.S. Army supply chain.

The portable Honey Badger is breaking new ground in several areas to push forward the renewable energy transition – including moving away from polluting generators and disposable primary batteries. Most importantly, unlike generators with noxious exhaust, the Honey Badger system can be used indoors or operate in the field for soldiers while on the move. By offering advanced technology to create a versatile, lightweight option for users, this innovative fuel cell represents a major step forward.

Some of the many features of the Honey Badger 50 system include:

  • Fueled by a NSN 6850-00-926-2275 Cleaning Compound, Windshield (CCW) which is ~70% methanol and water;
  • Its material is already in the arsenal with proven supply chain and minimal safety concerns, compared to JP8 fuel;
  • Compared to generators, the Honey Badger is very quiet at only 40-45 dBA vs. 90+ dBA.

Dr. Vasilis Gregoriou, Advent Technologies CEO & Founder, commented: “This award by the DoD demonstrates the ability of Advent’s ‘Any Fuel, Anywhere’ technology to deliver innovative, mobile solutions that are at the forefront of the energy transition. UltraCell’s new fuel cell technology will be instrumental in allowing soldiers to be self-sustained over 72- and 96-hour dismounted missions.”

Ian Kaye, UltraCell Founder & General Manager, added: “We are pleased the U.S. Army sees the value that Honey Badger offers the warfighter. After several years of concept development and field trials, we optimized the Honey Badger to address the main concerns that we had observed by U.S. Army Soldiers such as that single-use batteries are not sustainable in the field, and generators are too loud and toxic for close combat operations.”

Just last month, Advent Technologies acquired UltraCell, the fuel cell division of Bren-Tronics, Inc. (“Bren-Tronics”). UltraCell’s technology can use hydrogen or liquid fuels to deliver reliable power at a fraction of the weight of batteries. An UltraCell system is 3x-25x lighter in weight than the equivalent battery solution (depending on the application and use case). The systems have been deployed with excellent performance in stringent and challenging conditions and climates.

About Advent Technologies Holdings, Inc.

Advent Technologies Holdings, Inc. is an innovation-driven company in the fuel cell and hydrogen technology space. Our vision is to accelerate electrification through advanced materials, components, and next-generation fuel cell technology. Our technology applies to electrification (fuel cells) and energy storage (flow batteries, hydrogen production) markets, which we commercialize through partnerships with Tier1s, OEMs, and System Integrators. For more information on Advent Technologies Holdings, Inc., please visit the company’s website at https://www.advent.energy/

Advent subsidiary UltraCell is a leader in lightweight fuel cells for the portable power market with mature products and cutting-edge technology. The portable battery chargers produced by UltraCell are the only "Made in USA" fuel cell products approved by the North Atlantic Treaty Organization (NATO), and one of the only two manufacturers across NATO. UltraCell units are already deployed in the field by U.S. military and security agencies. Three additional NATO allies are currently testing UltraCell systems. UltraCell’s fuel cell products have also been recognized and presented in multiple global NATO events. For more information, visit www.ultracell-llc.com

FAQ

What is the significance of the Honey Badger fuel cell for Advent Technologies (ADN)?

The Honey Badger fuel cell has been selected by the U.S. Department of Defense for a demonstration program, highlighting its innovative technology and potential military applications.

How does the Honey Badger fuel cell improve energy solutions for soldiers?

It offers a quiet, lightweight, and environmentally friendly alternative to traditional batteries and generators, allowing for indoor use and reducing logistical burdens.

What are the expected benefits of the Honey Badger system for military operations?

The system aims to enhance energy independence and sustainability during dismounted missions lasting up to 96 hours, addressing soldier concerns about current power solutions.

Advent Technologies Holdings, Inc.

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