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Share Name | Share Symbol | Market | Type |
---|---|---|---|
Rheinmetall AG | TG:RHM | Tradegate | Ordinary Share |
Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|---|---|
21.00 | 4.11% | 532.40 | 531.20 | 533.60 | 536.80 | 510.60 | 516.00 | 95,182 | 22:50:02 |
By Olivia Bugault
Rheinmetall AG said Tuesday that it will supply hydrogen recirculation blowers to Daimler Truck Fuel Cell GmbH for a sales volume in the two-digit-million-euro range.
The order will be handled by Pierburg GmbH, a subsidiary of the German automotive-and-defense company, it said.
"The prime task of the components ordered is to recycle hydrogen not used in the fuel-cell reaction back to the stack," Rheinmetall said. "This way, the blowers enhance the efficiency of the fuel cells while extending their service life," the company said.
Write to Olivia Bugault at olivia.bugault@wsj.com
(END) Dow Jones Newswires
January 12, 2021 05:02 ET (10:02 GMT)
Copyright (c) 2021 Dow Jones & Company, Inc.
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