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Proton Motor Power : New Order

03/12/2020 | 04:58am
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New Order
Released 09:15 12-Mar-2020

RNS Number : 9051F
Proton Motor Power Systems PLC
12 March 2020

12 March 2020

Proton Motor Power Systems plc

('Proton' or the 'Company')

New Order

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, announces that it has received an order from Vonovia SE, Germany's leading nationwide residential real estate company, to provide a 36 kW fuel cell system with direct 400 VAC grid connection for a housing project in Bochum, Germany. The total value of the order is approximately EUR 110K.

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

Shore Capital

Nominated adviser and broker

Antonio Bossi / David Coaten

Tel: +44 (0) 20 7408 4050

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 Vonovia SE

Vonovia SE is Europe´s leading private residential estate company, which currently owns around 416,000 residential units in all major cities and regions in Germany, Sweden and Austria. It also manages around 79,000 apartments. Its entire portfolio is worth around EUR 53.3 billion.

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New Order - RNS


Proton Motor Power Systems plc published this content on 12 March 2020 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 12 March 2020 09:53:30 UTC

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