Advent Technologies Holdng Inc Stock Price, News & Analysis

Advent Technologies (NASDAQ: ADN) has received a notice from Nasdaq on May 22, 2025, regarding its non-compliance with listing requirements due to delayed financial filings. The company failed to file both its Q1 2025 Form 10-Q (due May 15, 2025) and its 2024 Annual Report Form 10-K (due March 31, 2025). While this notice has no immediate impact on ADN's listing status, the company must submit a compliance plan by June 16, 2025. If Nasdaq accepts the plan, ADN may receive an extension until October 13, 2025, to regain compliance, though acceptance is not guaranteed.

Advent Technologies Holdings (NASDAQ: ADN) has announced the appointment of Dr. Ryan Pavlicek as General Manager of its Livermore facility. Dr. Pavlicek, who previously served with Advent from 2018-2024 in various roles, returns to the company after serving as Technology Manager at the U.S. Department of Energy's Hydrogen and Fuel Cell Technologies Office.

With over 10 years of experience in fuel cell technologies, Dr. Pavlicek played a crucial role in developing the Ion Pair electrode within the DOE L'Innovator program. He holds a PhD in Chemistry from Northeastern University and a B.S. from Carnegie Mellon University. His appointment aims to advance the commercialization of Advent's Ion Pair Technology in the Honey Badger™ product line for battery charging applications.

Advent Technologies (NASDAQ: ADN) has appointed Bryan Holasek as Chief Strategy Officer. Holasek brings over 42 years of experience in technology development and has significant expertise in HT-PEM Fuel Cells through his work at Trenergi Corp. His impressive career includes founding Revolutionary Integrations Group and 369 Power and Energy Group, along with leadership roles at FDE Hydro, Shell TechWorks, and Sikorsky Innovations.

Holasek's background includes contributions to advanced aircraft systems for NASA DARPA and Sikorsky-Boeing projects. He holds a BSE in Mechanical and Aerospace Engineering from Princeton University. The appointment aligns with Advent's goal to enhance commercialization of its fuel cell technology across multiple sectors including aviation, automotive, marine, telecom, and military applications.

Advent Technologies Holdings (NASDAQ: ADN) has received a notice from Nasdaq on April 16, 2025, regarding non-compliance with listing requirements due to the delayed filing of its 2024 Annual Report (Form 10-K). The notice has no immediate impact on the company's stock listing or trading.

The company has been granted 60 calendar days until June 16, 2025, to submit a compliance plan to Nasdaq. If accepted, Advent may receive an extension until October 13, 2025, to regain compliance. The company plans to submit its compliance plan by April 30, 2025, and aims to file the delayed 2024 10-K report by the same date.

Advent Technologies (NASDAQ: ADN) has received approval from Airbus to proceed with Phase Two of their joint benchmarking project focused on optimizing Ion Pair™ Membrane Electrode Assembly (MEA) for hydrogen fuel cells. Following successful performance improvements in Phase One, the collaboration aims to further enhance MEA capabilities.

The project involves sharing expertise in fuel cell stack design, balance of plant components, and testing facilities. Advent's High-Temperature PEM MEAs, operating above 180°C (360°F), address key aviation challenges in thermal management, offering improved performance, passenger capacity, and range compared to low-temperature alternatives.

The initiative targets future hydrogen-powered aircraft development while potentially reducing powertrain system weight and volume through simplified cooling subsystems. Advent believes their HT-PEM technology is superior for multiple applications, including aviation, heavy-duty trucks, automotive, and marine sectors.

Advent Technologies (NASDAQ: ADN) has secured a significant €34.5 million non-dilutive grant from the European Climate, Infrastructure and Environment Executive Agency (CINEA) for its RHyno Project. The grant agreement was signed with Advent's Greek subsidiary, Advanced Energy Technologies S.A.

The funding will be distributed incrementally based on achieving specific performance milestones. Notably, Advent's proposal ranked highest among 337 submissions in the Innovation Fund 2023 Call across Europe. The project will be implemented in Kozani, Western Macedonia, Greece, with the company's teams from Patras, Kozani, and Athens leading the development.

Advent Technologies (NASDAQ: ADN) has announced its participation in the RESCUE project, a strategic initiative funded under HORIZON-JTI-CLEANH2-2024-04-01 for developing portable fuel cells for backup power during natural disasters. The four-year project has a total budget of €5 million with a 70% funding rate, of which Advent's approved budget is €2.16 million.

The project aims to develop a certified, portable 50 kW power generator system based on HT-PEM technology. The initiative is led by DLR (Germany) and includes partners from Greece, Denmark, and Germany. Advent will serve as the primary technology provider, focusing on system integration. The deliverable consists of a dual-fuel portable power generator system housed in separate 20-foot containers for mobility and deployment.

Advent Technologies Holdings (NASDAQ: ADN), a leader in fuel cell and hydrogen technology, has announced the return of Nikolaos Farmakiotis as Manager for Sales & Marketing in Greece. Farmakiotis, who initially joined the company in 2020, brings expertise in global product promotion, international sales, marketing, and business development.

CEO Gary Herman expressed enthusiasm about Farmakiotis's return, highlighting the company's technology as a comprehensive clean energy solution for multiple sectors including aviation, heavy automotive, marine, telecom, and military. Farmakiotis will support the execution of the company's 'Advent 2.0' vision.

Advent Technologies (NASDAQ: ADN), a leader in fuel cell and hydrogen technology, announces its support for the Wounded Warrior Project. The company specializes in clean energy technology solutions, collaborating with key institutions including the U.S. Army, Department of Defense, Los Alamos National Laboratories, Brookhaven Labs, and NASA. Advent develops portable power solutions for military and civilian applications, including electronics and drones. The partnership aims to support warriors and their families in their recovery journey and workforce reintegration.