Proton Motor Power Systems Share Discussion Threads

[maxplus2] 11/11/2022 10:17

Poor management. share price is still depressed

[skinny] 24/10/2022 19:25

A bit more PR :-

.

[tenapen] 24/10/2022 19:15

The future is bright for the CleanTech sector and its pleasing to see Proton Motor gearing up for the coming flood of orders.

But a lease for only a fifteen years does not seem long !. Nine months to one year to fit it out !. Plus what will be a considerable expence.

In the Directors we trust.

[don carter] 24/10/2022 17:30

Being patient...LTBH for me. Disappointing performance in the market but still hopeful given expanded production.

[barony] 24/10/2022 10:28

Great progress!

[skinny] 24/10/2022 07:01

New production facility to significantly expand manufacturing capability

Proton Motor Power Systems plc (AIM: PPS), a leading designer, developer and producer of fuel cells and fuel cell electric hybrid engines with a zero-carbon footprint, announces that it has signed a fifteen-year lease agreement for a modern 13,500m(2) facility (the "Facility") that will be used to substantially expand the Company's manufacturing, testing and development capacity.

Proton Motor has been developing its fuel cell technology since 1998 to be probably one of the leading fuel cells in industrial, long-lifetime markets. There is an increased political awareness that hydrogen and fuel cells will play a fundamental role to overcome the climate energy crisis and this is expected to lead to an increased demand for fuel cells. In anticipation of this increased demand for the Company's products, Proton Motor intends to increase its annual production capacity to 5,000 fuel cell hydrogen engines and up to 30,000 fuel cell stacks.

The Facility will supplement the Company's current 6,000m(2) site in Puchheim, Germany, which will now become the development facility for stacks and hydrogen engines. The new Facility is located in the town of Fürstenfeldbruck, located c. 12km from Puchheim and is contained within the Munich metropolitan region. The Facility will be used for serial manufacturing and will also be the location of the Company's sales and marketing teams, as well as the maintenance and training centre.

The total land surface of the Facility is 25,700m(2) and it contains over 13,500m(2) of useable space, of which over 10,500m(2) can be dedicated to production, testing and development. The remainder of the space will be devoted to office usage. This represents a seven-fold increase in the amount of space available for production when compared to the Company's current premises.

Concurrently with the enhancement of production capacity, the Directors of Proton Power have determined that the Company will be enlarging the sales department in order to meet the anticipated increase in demand.

Dr. Faiz Nahab, Chief Executive Officer of Proton Motor, stated: "Hydrogen is the energy storage source of the future and awareness of this is increasing to a considerable extent both amongst the public and within industry. This creates a strong market-pull for associated technologies such as fuel cells. This is evidenced by discussions with existing customers for midterm batch orders. With this background, the additional space provided by the new Facility will give Proton Motor the required capacity to produce, test and deliver fuel cell hydrogen engines in line with this anticipated growing demand."

[tenapen] 01/10/2022 13:51

Dear Sir or Madam,

Please find enclosed our PM³ Newsletter about the 3rd Proton Motor quarter 2022.

Mit freundlichen Grüßen / With best regards

Ariane Günther
Head of Public Relations

Proton Motor Fuel Cell GmbH
Benzstr. 7
D-82178 Puchheim
Germany


Check website or your Email in-tray for details

[zingaro] 28/9/2022 15:00

Disappointing: orders, sales, loans.

[skinny] 28/9/2022 07:01

.

Operational Highlights

- Successful installation of two marine HyShip(R)71 Fuel Cell systems for Fincantieri
- Successful Factory Acceptance Test (FAT) of a HyFrame(R) S36 Fuel Cell system with long-standing client Deutsche Bahnbau Group GmbH (German Rail)

- In line with order intake for a series of standard products, production labour has been restructured to include groups specifically dedicated to the various standard product groupings, thereby increasing production efficiency

- After the period end, launch of large power generator pack (90kW)
Financial Highlights

- Order intake of GBP1.5m (H1 2021: GBP1.8m) for a total order book at the period end of GBP2.3m to be delivered by 2023, including repeat orders from existing customers and income from maintenance agreements

- Sales of GBP980k in H1 2022 (H1 2021: GBP922k)
- Generating a positive gross margin
- Increased existing loan facilities with principal shareholders by approximately EUR12.5m
Dr. Nahab, CEO of Proton, commented : "Although faced with highly challenging trading conditions in 2022, the Company has made further progress. In the year ahead, we are focused on further progressing the maturity of the Group's technology offer, ramping up production capacity and exploiting the current potential order intake and sales pipeline.

"Furthermore, it is anticipated that the significant strengthening of political commitment to hydrogen, continuing to be evident in 2022, will contribute to further accentuating the demand for hydrogen related products, such as the fuel cell."

[juju44] 06/9/2022 13:15

Back to 20dma - support ???

[skinny] 06/9/2022 07:02

Chicken or the egg!






System deliveries

Proton Motor Power Systems plc (AIM: PPS), the designer, developer and producer of fuel cells and fuel cell electric hybrid systems with a zero-carbon footprint, announces that it has delivered three of its emission-free high-tech innovation "HyFrame(R) S36" systems to its new customer, WILO SE ("Wilo").

The Dortmund-based group, Wilo ( www.wilo.com ), is a leading provider of pumps and pump systems for the building services, water management and industrial sectors.

The modular and universally applicable "HyFrame(R) S36" systems, supplied by the Company, can generate 36kW of electricity each and will be integrated as components into Wilo's planned "H Powerplant". The pilot project will serve as an emergency power plant for Wilo's headquarters "Wilopark" in the south of Dortmund, which was inaugurated in 2021. The state of North Rhine-Westphalia and the city of Dortmund issued the official building permit in the Spring of 2022.

Dr. Nahab, CEO of Proton, commented: "The entire Proton Motor team is very proud of the powerful hydrogen fuel cells we have provided and which provide a decentralised and decarbonised energy supply. We are confident that they will make a decisive contribution to the success of a sustainable energy transition for industrial companies such as Wilo."

[tenapen] 05/9/2022 10:16

Website Updated;

[tenapen] 04/9/2022 11:32

Not long to the Interim Results (18th Sept 2021) Then we will be able see how PM are doing. I expect lots of Blue sky positivity as the Russian gas & oil rationing bits. Sales are what we are looking for. PM havn't notified us of any since last November ! could that be because they havn't made any or they have made [lots] and just do not bother with the RNS. I prefer the latter, leaving it to the twice yearly results.

[cinoib] 02/9/2022 11:17

That's all I need ,profit to loss in one easy drop.

[tenapen] 30/8/2022 13:10

It's going to take a few years for the energy transition to really come through and orders increase. On the whole I think the present M/C's are fair value if not a little high.

On the positive, I think the cleanteck stocks are insulated from the oncoming . Probably the only sector that is having money thrown at it.

[skinny] 30/8/2022 11:35

Yes - its very frustrating - especially when also taking into account the extreme weather events!

[cinoib] 30/8/2022 11:06

Skinny, with oil and electric as well as gas prices going through the roof, would have thought these green energy stocks should be taking full advantage, but only advancing at a snails pace.

[juju44] 25/8/2022 12:31

Cup and handle playing out methinks

[tenapen] 24/8/2022 18:48

Thanks Skinny.

Wilo SE is an interesting company, 150 years and still growing. Now aiming to offer Hydrogen products.

[juju44] 24/8/2022 09:01

Anyone for nice cup and handle . Looking good