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CPWHF - Ceres Power: Big Deal Could Be Transformative
Ceres Power Hldgs Plc Ord
2024-03-21 02:31:28 ET
Summary
Ceres Power has a history of unsuccessful commercialization despite its solid cell technology.
The company has signed a significant manufacturing collaboration and license agreement with Taiwanese firm Delta Electronics, which could generate £43m in revenue for Ceres.
The prospects for a China joint venture are uncertain, but the Delta deal is seen as a positive development for Ceres.
Ceres Power ( OTCPK:CPWHF ) has great solid cell technology but a lacklustre history of successful commercialisation....