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Advent Technologies Signs Strategic Joint Development Agreement With Siemens Energy To Expedite The Decarbonization Of The Maritime Sector

Benzinga · Apr 4 08:03

ADN +3.29%

Advent Technologies Holdings, Inc., an innovation-driven leader in the fuel cell and hydrogen technology sectors, is pleased to announce that its wholly owned subsidiary, Advent Technologies A/S ("Advent"), has signed a Joint Development Agreement ("JDA") with Siemens Energy, one of the world's leading energy technology companies.

The newly signed JDA outlines the collaboration between Advent and Siemens Energy, combining Advent's HT-PEM fuel cell 50kW modules utilizing its innovative Ion-Pair membrane electrode assembly (MEA) technology with Siemens Energy's electrification and automation solutions for hybrid and electric vessels.

The goal is to develop an integrated 500kW High...

Disclaimer: This content is for informational and educational purposes only and does not constitute a recommendation or endorsement of any specific investment or investment strategy. Read more

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