{"id":829936,"date":"2025-03-26T08:10:04","date_gmt":"2025-03-26T12:10:04","guid":{"rendered":"https:\/\/www.marketnewsdesk.com\/index.php\/advent-technologies-receives-go-ahead-from-airbus-for-phase-two-of-joint-benchmarking-project\/"},"modified":"2025-03-26T08:10:04","modified_gmt":"2025-03-26T12:10:04","slug":"advent-technologies-receives-go-ahead-from-airbus-for-phase-two-of-joint-benchmarking-project","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/advent-technologies-receives-go-ahead-from-airbus-for-phase-two-of-joint-benchmarking-project\/","title":{"rendered":"Advent Technologies receives Go-Ahead from Airbus for Phase Two of Joint Benchmarking Project"},"content":{"rendered":"
\n

LIVERMORE, Calif., March 26, 2025 (GLOBE NEWSWIRE) — Advent Technologies Holdings, Inc. (NASDAQ: ADN), an innovation-driven leader in the fuel cell and hydrogen technology space, is pleased to announce that it has received the go-ahead decision from Airbus, a leading aircraft manufacturer, to proceed with Phase Two of the parties\u2019 joint benchmarking project for an optimized Ion Pair\u2122 Membrane Electrode Assembly (\u201cMEA\u201d) for hydrogen fuel cells. Having demonstrated continued improvement in Ion Pair\u2122 MEA performance in Phase One, the parties seek to further optimize performance in Phase Two.<\/p>\n

Advent has invested in people, materials, hardware, and 3rd party research centers, to contribute to the goals of the project. The collaboration enters Phase Two immediately. The parties are also in related discussions about sharing know-how, fuel cell stack design, recommendations on balance of plant materials and components, and fuel cell test stations.<\/p>\n

The goal of the project is to accelerate the development of Advent\u2019s MEA and benchmark the Ion Pair MEA against aviation requirements and current\/expected technological limits.<\/p>\n

HT-PEM MEAs operating at temperatures higher than 180 \u00b0C (360\u00b0F) aim to solve one of the largest challenges in aviation fuel cell use: thermal management. High-temperature fuel cells allow increased performance, increased passenger carrying capability, and increased range compared to low-temperature fuel cell stack technology. Advent believes that HT-PEM is a superior option not only for aviation, but also for heavy-duty trucks, the automotive industry and marine use.<\/p>\n

The project focuses on the needs for future hydrogen-fueled planes, while at the same time having the potential of significantly reducing the weight and volume of the powertrain system through a simplified balance of plant and cooling subsystems.<\/p>\n

Dr. Emory De Castro, Chief Technology Officer of Advent Technologies, commented, \u201cWe are pleased to announce the second phase of our project with Airbus. Both companies recognize the vast potential for fuel cell powered jet propulsion systems and the realistic goal of hydrogen flight. We look forward to continuing this revolutionary work with Airbus.\u201d<\/p>\n

\n About Advent Technologies Holdings, Inc.<\/strong>\n <\/p>\n

Advent Technologies Holdings, Inc. is a U.S. corporation that develops, manufactures, and assembles complete fuel cell systems as well as supplying customers with critical components for fuel cells in the renewable energy sector. Advent is headquartered in Livermore, California, with offices in Athens and Patras, Greece. With approximately 150 patents issued, pending, and\/or licensed for fuel cell technology, Advent holds the IP for next-generation HT-PEM that enables various fuels to function at high temperatures and under extreme conditions \u2013 offering a flexible fuel option for the automotive, aviation, defense, oil and gas, marine, and power generation sectors. For more information, visit\u00a0www.advent.energy<\/u><\/a>.<\/p>\n

\n Cautionary Note Regarding Forward-Looking Statements<\/strong>\n <\/p>\n

This press release includes forward-looking statements. These forward-looking statements generally can be identified by the use of words such as \u201canticipate,\u201d \u201cexpect,\u201d \u201cplan,\u201d \u201ccould,\u201d \u201cmay,\u201d \u201cwill,\u201d \u201cbelieve,\u201d \u201cestimate,\u201d \u201cforecast,\u201d \u201cgoal,\u201d \u201cproject,\u201d and other words of similar meaning. Each forward-looking statement contained in this press release is subject to risks and uncertainties that could cause actual results to differ materially from those expressed or implied by such statement. Applicable risks and uncertainties include, among others, the Company\u2019s ability to maintain the listing of the Company\u2019s common stock on Nasdaq; future financial performance; public securities\u2019 potential liquidity and trading; impact from the outcome of any known and unknown litigation; ability to forecast and maintain an adequate rate of revenue growth and appropriately plan its expenses; expectations regarding future expenditures; future mix of revenue and effect on gross margins; attraction and retention of qualified directors, officers, employees and key personnel; ability to compete effectively in a competitive industry; ability to protect and enhance Advent\u2019s corporate reputation and brand; expectations concerning its relationships and actions with technology partners and other third parties; impact from future regulatory, judicial and legislative changes to the industry; ability to locate and acquire complementary technologies or services and integrate those into the Company\u2019s business; future arrangements with, or investments in, other entities or associations; and intense competition and competitive pressure from other companies worldwide in the industries in which the Company will operate; and the risks identified under the heading \u201cRisk Factors\u201d in Advent\u2019s Annual Report on Form 10-K filed with the Securities and Exchange Commission (\u201cSEC\u201d) on August 14, 2024, as well as the other information filed with the SEC. Investors are cautioned not to place considerable reliance on the forward-looking statements contained in this press release. You are encouraged to read Advent\u2019s filings with the SEC, available at\u00a0www.sec.gov<\/u><\/a>, for a discussion of these and other risks and uncertainties. The forward-looking statements in this press release speak only as of the date of this document, and the Company undertakes no obligation to update or revise any of these statements. Advent\u2019s business is subject to substantial risks and uncertainties, including those referenced above. Investors, potential investors, and others should give careful consideration to these risks and uncertainties.<\/p>\n

Contacts<\/p>\n

Advent Technologies Holdings, Inc.
press@advent.energy<\/u><\/a><\/p>\n

\"\"
\n
\n \"\"\n <\/div>\n

<\/div>\n","protected":false},"excerpt":{"rendered":"

LIVERMORE, Calif., March 26, 2025 (GLOBE NEWSWIRE) — Advent Technologies Holdings, Inc. (NASDAQ: ADN), an innovation-driven leader in the fuel cell and hydrogen technology space, is pleased to announce that it has received the go-ahead decision from Airbus, a leading aircraft manufacturer, to proceed with Phase Two of the parties\u2019 joint benchmarking project for an optimized Ion Pair\u2122 Membrane Electrode Assembly (\u201cMEA\u201d) for hydrogen fuel cells. Having demonstrated continued improvement in Ion Pair\u2122 MEA performance in Phase One, the parties seek to further optimize performance in Phase Two. Advent has invested in people, materials, hardware, and 3rd party research centers, to contribute to the goals of the project. The collaboration enters Phase Two immediately. The parties are also in related … <\/p>\n

Continue reading “Advent Technologies receives Go-Ahead from Airbus for Phase Two of Joint Benchmarking Project”<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-829936","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"\nAdvent Technologies receives Go-Ahead from Airbus for Phase Two of Joint Benchmarking Project - Market Newsdesk<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.marketnewsdesk.com\/index.php\/advent-technologies-receives-go-ahead-from-airbus-for-phase-two-of-joint-benchmarking-project\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Advent Technologies receives Go-Ahead from Airbus for Phase Two of Joint Benchmarking Project - Market Newsdesk\" \/>\n<meta property=\"og:description\" content=\"LIVERMORE, Calif., March 26, 2025 (GLOBE NEWSWIRE) — Advent Technologies Holdings, Inc. (NASDAQ: ADN), an innovation-driven leader in the fuel cell and hydrogen technology space, is pleased to announce that it has received the go-ahead decision from Airbus, a leading aircraft manufacturer, to proceed with Phase Two of the parties\u2019 joint benchmarking project for an optimized Ion Pair\u2122 Membrane Electrode Assembly (\u201cMEA\u201d) for hydrogen fuel cells. Having demonstrated continued improvement in Ion Pair\u2122 MEA performance in Phase One, the parties seek to further optimize performance in Phase Two. Advent has invested in people, materials, hardware, and 3rd party research centers, to contribute to the goals of the project. The collaboration enters Phase Two immediately. 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