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Proton Motor Power receives additional order from GKN Hydrogen
19th Aug 2021 09:56
(Sharecast News) - Fuel cell and electric hybrid systems designer Proton Motor Power Systems said on Thursday that it had received a further order from GKN Hydrogen.
Proton Motor stated the order was for a further eight PM Module S8 fuel cell systems, set to be delivered in the first quarter of 2022.
The AIM-listed group highlighted that including previous orders, GKN has now ordered 25 PM Module S8 fuel cell systems in total, with the board also expecting to receive further orders as GKN continues to deploy its technology.
"GKN is deploying the HY2 systems in its own facilities and with its customers in the residential, industrial and transportation sectors," said Proton Motor.
As of 0955 BST, Proton Motor shares were up 3.29% at 40.28p.
Proton Motor stated the order was for a further eight PM Module S8 fuel cell systems, set to be delivered in the first quarter of 2022.
The AIM-listed group highlighted that including previous orders, GKN has now ordered 25 PM Module S8 fuel cell systems in total, with the board also expecting to receive further orders as GKN continues to deploy its technology.
"GKN is deploying the HY2 systems in its own facilities and with its customers in the residential, industrial and transportation sectors," said Proton Motor.
As of 0955 BST, Proton Motor shares were up 3.29% at 40.28p.