Intelligent Energy Holdings PLC IE makes exciting announcements at InterDrone 2017

TIDMIEH

Intelligent Energy Holdings PLC

06 September 2017

NEWS RELEASE

Intelligent Energy makes two exciting industry announcements at InterDrone 2017 Conference

-- Intelligent Energy launches its game changing lightweight 650W fuel cell power module for the commercial UAV market

   --     Strategic partnership announced with US UAV manufacturer to bring an endurance UAV to market 

InterDrone 2017, Las Vegas, US - Wednesday 6 September

Intelligent Energy today announced it is entering into a strategic integration partnership with US UAV manufacturer FlightWave Aerospace. The partnership will enable FlightWave to integrate Intelligent Energy's innovative lightweight 650W fuel cell power module into their UAV product range within North America.

The first product from this partnership will be FlightWave's 'Jupiter-H2', a multi-rotor, endurance UAV capable of flying for up to two hours. The 'Jupiter-H2' UAV will be powered by Intelligent Energy's market leading, lightweight, air cooled fuel cell technology. The two companies will be unveiling the new 'Jupiter-H2' UAV at InterDrone in Las Vegas this week (6-8 September).

As well as jointly unveiling the 'Jupiter-H2', Intelligent Energy is excited to be launching its own proprietary lightweight 650W fuel cell module that has been purposely designed for the UAV market. It offers significantly longer flight times compared to traditional battery power. Key benefits for the end user include increased productivity and less downtime owing to quick refuelling and increased payload capability, meaning the UAV can fly longer, fly further and achieve more. The lightweight 650W fuel cell module is available now for order.

The 650W module runs on hydrogen and ambient air to produce clean power in a simple, cost effective, robust and lightweight package. It is scalable and can be integrated into UAV platforms without compromising payload placement, providing an optimised operational solution for a wide range of industries.

Intelligent Energy's 650W fuel cell module will be used to power the Jupiter-H2, which is the first UAV to be uniquely designed around its technology. 'Jupiter-H2' is expected to be available from January 2018 worldwide, and the two companies will work together to market 'Jupiter-H2' across a variety of industries with orders now being taken.

Julian Hughes, Senior VP of IE US Inc, said: "It's great to be back at InterDrone launching this game changing product, just 12 months on from demonstrating a prototype. We are delighted to be working with FlightWave, a company which shares our vision and passion for creating innovative solutions to realise the full potential of commercial UAVs."

"We view the Jupiter-H2 as an innovative vehicle," said FlightWave CMO Edmund Cronin. "It's particularly well suited to use cases requiring both long flight time and stable manoeuvrability in narrow indoor or outdoor spaces - for example, in a very large but cramped warehouse."

For more information about Intelligent Energy's presence at InterDrone and available products visit www.intelligent-energy.com/interdrone

For details about Jupiter-H2, please visit www.FlightWave.Aero

Ends

About Intelligent Energy

Intelligent Energy delivers clean energy solutions for the UAV, automotive and stationary power markets. We embed our fuel cell stack technology into products in co-operation with key industry partners to create solutions which extend their capabilities. We are a global business operating out of our UK base, with additional operations currently in the US, Japan, India, China and France.

Intelligent Energy Holdings plc is listed on the London Stock Exchange (LSE: IEH.L).

About FlightWave

FlightWave Aerospace Systems Inc. is a California-based aerospace company that designs and manufactures unmanned aerial systems. Our ground-breaking technology enables aerial operations anywhere on the planet, empowering government agencies, private companies, and non-profits to get more mission for their money. We help businesses leverage our sustainable UAS technology to take your mission to new heights. For more information on FlightWave - www.flightwave.aero

Media Contact

Debbie Hughes, Head of PR

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Helen Roberts, Hill & Knowlton

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This information is provided by RNS

The company news service from the London Stock Exchange

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September 06, 2017 11:00 ET (15:00 GMT)