Welcome to our dedicated page for Advent Technologies Holdng news (Ticker: ADN), a resource for investors and traders seeking the latest updates and insights on Advent Technologies Holdng stock.
Advent Technologies Holdings, Inc. (ADN) is a U.S.-based fuel cell and hydrogen technology company whose news flow centers on developments in high-temperature proton exchange membrane (HT-PEM) fuel cells, Membrane Electrode Assembly (MEA) components, and related clean power applications. The ADN news page on Stock Titan aggregates company press releases and other coverage so readers can follow how Advent’s technology and commercial relationships evolve across multiple sectors.
Recent Advent news highlights collaborations in aviation and aerospace, including work with Airbus and Stralis Aircraft on next-generation Ion Pair™ MEA technology for hydrogen-electric propulsion and electric flight. Other articles describe Advent’s initiatives in the space sector with the European Space Agency, where its HT-PEM systems are being explored for satellite and spacecraft power when solar-based systems are insufficient.
Advent’s news also covers defense and portable power, such as deliveries of Honey Badger 50™ portable fuel cell units to the U.S. Army under contracts with the U.S. Department of Defense. Additional releases discuss supply agreements for MEAs with companies like Siqens GmbH and a European transportation power company, as well as the EU-funded RHyno Project to build manufacturing infrastructure for fuel cells, electrolysers, and key components at megawatt scale.
Investors and industry observers can use this page to track announcements about technology milestones, funded projects, supply contracts, capital markets activity, and listing status updates, including Nasdaq delisting proceedings and OTC trading plans for ADN and ADNWW. Bookmark this feed to monitor how Advent’s stated strategy in fuel cells, hydrogen technologies, and energy storage is reflected in its ongoing news and regulatory communications.
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.
Advent Technologies (NASDAQ: ADN) has secured a €115,437 grant for its H2VE proposal, which passed the evaluation process under the ERASMUS-EDU-2024-PEX-COVE program. The 48-month initiative aims to establish a hub of Centers of Vocational Excellence (CoVEs) in the Hydrogen Valley sector, focusing on hydrogen education.
The grant will support summer school programs, study visits, presentations, workshops, and networking events in the Western Macedonia Region. The Greek CoVE consortium includes Advent, UOWM, and CluBE, working together to advance Hydrogen Valleys in Greece.
Advent Technologies (NASDAQ: ADN) announces the return of George Paloumpis as Chief of Operations at its Patras, Greece facility. Paloumpis, who previously served as Director of Manufacturing and spent almost 18 years with the company, brings significant experience to support the new management team's execution plans. The appointment is part of Advent's strategic initiative, dubbed 'Advent 2.0', focusing on the company's innovative fuel cell technology development.
Advanced Energy Technologies S.A., a wholly-owned subsidiary of Advent Technologies Holdings (NASDAQ: ADN), has appointed three new members to its Board of Directors. The new directors are Konstantinos Ferderigos, Advent's Global IT Director and Greece Operations General Manager; Dimosthenis Dimopoulos, Head Lawyer of Dimosthenis Dimopoulos & Associates Law Office; and Vasilis Bournas, founder and CEO of B&S Consulting. Ferderigos brings expertise in IT, AI, and cybersecurity, Dimopoulos contributes 40 years of corporate and tax law experience, while Bournas adds financial consulting and business advisory expertise.
Advent Technologies (NASDAQ: ADN) has secured a €34.5 million grant from the EU Innovation Fund for its RHyno Project. The grant was awarded to Advent's Greek subsidiary, Advanced Energy Technologies, SA, following approval for the full requested amount. The company will now proceed with preparing the grant agreement according to guidelines from the European Climate, Infrastructure and Environment Executive Agency (CINEA).
Advent Technologies Holdings' Greek subsidiary, Advanced Energy Technologies SA, has secured a grant from the EU Innovation Fund for the RHyno Project. The fuel cell and hydrogen technology company has been invited to prepare the grant agreement, with signing expected in Q1 2025. Further details about the grant conditions will be disclosed by the company in the near future.
Advent Technologies (NASDAQ: ADN) announced significant management changes, removing Chairman and CEO Vasilis Gregoriou and Chief Strategy Officer Chris Kaskavelis. Gary Herman has been appointed as Interim CEO, highlighting the company's untapped potential in clean energy solutions. The company also appointed Konstantinos Ferderigos as General Manager for Greek Operations and Dr. Steven Rock as the new Chief Strategy Officer. The restructuring aims to strengthen Advent's position in HT-PEM fuel cell technology and global decarbonization initiatives across multiple industries including aviation, automotive, marine, telecom, and military sectors.
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