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ADN - Advent bags $1.1M supply contract for its MEA technology
Advent Technologies Holdings Inc Cl A
2023-05-11 10:55:36 ET
Advent Technologies ( NASDAQ: ADN ) bags a new contract with a prominent fuel cell manufacturer specializing in truck applications in the East Asian market.
The contract, signed in the second quarter of 2023 with a combined value of $1.1M, comes after a highly successful testing phase of Advent’s proprietary MEA technology conducted by its customer.
Advent's electrochemistry components business includes electrodes, membranes, and MEAs.