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| Share Name | Share Symbol | Market | Stock Type |
|---|---|---|---|
| Proton Motor Power Systems Plc | PPS | London | Ordinary Share |
| Price Change | Price Change % | Share Price | Last Trade
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|---|---|---|---|---|
| 0.00 | 0.00% | 2.45 | 08:00:00 |
| Open Price | Low Price | High Price | Close Price | Previous Close |
|---|---|---|---|---|
| 2.45 | 2.45 | 2.45 | 2.45 | 2.45 |
| Industry Sector |
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| ALTERNATIVE ENERGY |
| Top Posts |
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Posted at 27/2/2024 07:03 by skinny HighlightsFinancial · FY 2023 revenue of £2.1m (FY 2022: £2.1m) · 40% increase in the value of system sales to £2.0m (2022 system sales: £1.4m) · Total order intake of £2.5m (2022: £2.7m) · In total, 42 fuel cell systems were delivered during the period (2022: 23 systems) · Total order book at the period end of £2.5m (31 December 2022: £2.7m) Operational · An opening ceremony of the new production facility for the press and other relevant media was held in August 2023 · New HyModule® S4 fuel cell system solution introduced in response to sustained interest in hydrogen technology |
Posted at 14/9/2023 07:02 by skinny Unaudited Interim Results for the six months to 30 June 2023Proton Motor Power Systems plc (AIM: PPS), t he designer and producer of hydrogen fuel cells and hydrogen fuel cell electric hybrid systems , announces its unaudited interim results for the six months ended to 30 June 2023 (the "Period" or "H1 2023"). Operational Highlights - Delivery of 19 fuel cell systems from across the Company's product range to customers - Strengthened the board with the appointment of Mr. Ali Naini as a Non-Executive Director - New 13,500m(2) production facility expected to support scale up of product production capacity: o 15-year lease signed o Good progress made in planning the transfer of manufacturing and development activities to the new site Financial Highlights - Order intake of GBP1.4m (H1 2022: GBP1.5m) - Total order book at the Period end of GBP3.7m, including repeat orders from existing customers and income from maintenance agreements - Sales of GBP929k (H1 2022: GBP980k) - Generated a positive gross margin - Increased existing loan facilities with principal shareholders by approximately EUR14.5m Dr. Faiz Nahab, CEO of Proton Motor, commented : "Activity during the period has been focused on continuing to position Proton Motor to be able to take advantage of the expected growth in demand for fuel cells, as the public and political will grows towards the transition to a decarbonised energy system. Part of that focus has been on ensuring the Company is well placed to scale production to meet demand, while there's also been a drive to grow and develop sales and marketing channels to support the delivery of more near-term opportunities and access to future demand. Having invested in products that we know are market-leading, turning our attention to scaling-up production and sales is a natural next step." |
Posted at 04/9/2023 07:05 by skinny Official presentation of new hydrogen fuel cell production facilityProton Motor Power Systems plc (AIM: PPS), the designer and producer of hydrogen fuel cells and hydrogen fuel cell electric hybrid systems, is pleased to announce that on August 31(st) the company's new site, which represents a sevenfold increase in production space, was officially presented to approximately 80 Proton Motor customers, industry network players and media representatives at an opening event. With the new 13,500qm(2) production facility in Fuerstenfeldbruck, near Munich, Proton Motor is setting a milestone in the industrialisation and serialisation of hydrogen fuel cells. The new production facility is expected to be operational in 2024, at which point the current Puchheim facility will become the development centre for fuel cell stacks and hydrogen fuel cell engines. Dr. Faiz Nahab, CEO of Proton Motor, said: "The new manufacturing and production facility will give Proton Motor the required capacity to produce, test and deliver hydrogen fuel cell engines to meet the increase in order volumes and to rapidly progress the commercialisation of our proven hydrogen fuel cell technology. Hydrogen and fuel cells will play a fundamental role in overcoming the climate energy crisis by providing sustainable energy solutions for the decarbonised future. We were very pleased to welcome many customers and industry partners to the opening of the new facility as we continue to grow and play a leading role in hydrogen markets." |
Posted at 31/8/2023 12:21 by zingaro Fromwww.proton-motor.de/ For an informal exchange on the potential of the “green” PPS energy share and the importance of decarbonization through zero-emission hydrogen fuel cell products from Proton Motor, a face-to-face investor event will be held on Thursday, September 14, 2023 at 5:30 p.m. UK time (6:30 p.m. German time) at the “Rosewood London” hotel (252 High Holborn, London WC1V 7EN). The event will include a presentation moderated by Board members Roman Kotlarzewski (Group Finance Director) and Manfred Limbrunner (Director Governmental Affairs and Communication), followed by a Q&A session with drinks and refreshments afterwards. All current and interested future shareholders are welcome with prior registration requested at proton@celicourt.com |
Posted at 25/7/2023 07:16 by skinny New Order for a Standalone Fuel Cell SystemProton Motor Power Systems plc (AIM: PPS), the designer and producer of hydrogen fuel cells and hydrogen fuel cell electric hybrid systems, is pleased to announce that it has received an order from a supplier of gas related energy and infrastructure in Spain (the "Customer"), for a standalone fuel cell system based on a 50kW container solution. The system will be deployed by the end customer at a hotel in Palma de Mallorca, Spain, as part of the Green Hysland project. The Green Hysland project aims to deploy a fully functioning hydrogen ("H2") ecosystem in Mallorca, turning the island into Europe's first H2 hub in Southern Europe. This will be achieved by producing green hydrogen from solar energy and delivering it to the end users, such as the island's tourism, transport, industry and energy sectors, including gas grid injection for green heat and power local end-use. Proton Motor anticipates that the system will be delivered to the Customer in the first half of 2024, with revenues correspondingly being recognised in that year. Dr. Faiz Nahab, CEO of Proton Motor, said: "This is the Company's first order from within Spain and therefore represents a further expansion in its market footprint. It also demonstrates the versatility of the Company's offer, with the standalone solution being used across a variety of industries to deliver reliable, secure and clean energy for a range of business-critical systems. " |
Posted at 20/6/2023 07:17 by skinny OutlookIn the year ahead we are focused on substantially expanding production and development capacity in order to match increasing market demand. The Board would like to thank all our customers who believe in us, our team of committed employees and our shareholders who have the vision to invest in our mission. Dr. Nahab, CEO of Proton, commented: "In the year ahead, we will be focused particularly on ramping up production capacity in the new premises and exploiting the current potential order intake and sales and production pipeline. Posting of accounts and notice of AGM Notice of the Company's annual general meeting, to be held on 30 June 2023 at 9.30 a.m. BST/10.30 a.m. CET at Proton Motor Fuel Cell GmbH, 7, Benz Street, 82178 Puchheim, Germany, has been sent to shareholders. The Company's audited annual report for the year ended 31 December 2022 will be posted to shareholders shortly and a downloadable version of the annual report and AGM notice will be available on the Company's website, www.protonmotor-powe |
Posted at 31/5/2023 14:35 by tenapen Takeiteasy,If you look at my sister PPS thread you will see the links to nine companies of different sizes whom Proton Motor are selling to. Many of the companies if not all of them are returning customers. The hydrogen market is still at an early stage and it will take time for the infrastructure to be put in place and the full value of the CleanTech economy to come through, IMHO. Always do your own research and if PPS isn't for you, fair enough, there are other companies to look at. |
Posted at 05/5/2023 09:39 by barony How long does it take to build these? Does it take so long, or is that Shell’s timescale? If it is so slow, pps will struggle to grow. |
Posted at 21/2/2023 07:02 by skinny Customer system integration and MoUProton Motor (AIM: PPS), the designer, developer and producer of fuel cells and fuel cell electric hybrid systems with a zero-carbon footprint, is pleased to provide an update on the deployment of the Company's fuel cell systems by a customer. On 6 September 2022, the Company announced that it had delivered three of its emission-free HyFrame(R) S36 systems to WILO SE ("Wilo") for use in Wilo's H Powerplant, located at its headquarters "Wilopark" in the south of Dortmund. The Company has now been informed that the HyFrame(R) S36 systems have been integrated into the H Powerplant. H Powerplant is an innovative hydrogen plant that enables the production of green energy from renewable resources. This supports a transition to sustainable energy for industrial companies in the context of the Paris climate protection goals and to achieve energy self-sufficiency. Following the successful delivery and integration of the three HyFrame(R) S36 systems, Proton Motor and Wilo have entered into a Memorandum of Understanding ("MoU") to cooperate on decentralised and decarbonised energy supply. The MoU provides for the definition of topics and tasks in climate-neutral infrastructure projects for the production and use of green hydrogen, with Wilo acting as a general contractor. Proton Motor expects to derive synergies from Wilo's extensive distribution network and contacts. The MoU also envisages the identification of eco-friendly product applications complementing the respective existing or future brand portfolios. As an exhibit for the upcoming ISH 2023 trade fair in Frankfurt, taking place in March, Wilo has ordered another HyFrame (R) S36 system from Proton Motor. ISH 2023 is the leading trade fair for heating, ventilation, air-conditioning and water. The demand for the Company's quality fuel cell systems - the S21, S28, S36 and S43 ranging from 21 kW to 43 kW - remains strong. In addition, the Company is identifying new use cases for the systems. For example, in 2021 three HyFrame(R) S36 systems were arranged in a mobile containerised power plant, HyShelter(R) 240 for Shell and, in 2022, the emergency power supply for the Swiss road tunnel Neuenhof Tunnel, in the canton of Aargau, was secured by a HyFrame(R) S28 unit. |
Posted at 08/2/2023 10:15 by maxplus2 ITM, AFC are up except PPS. Very disappointing |
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