Proton Motor Power Systems (PPS)

Sector:

Energy Producers

Index:

FTSE AIM All-Share

 0.65p
   
  • Change Today:
      0.000p
  • 52 Week High: 5.75p
  • 52 Week Low: 0.35p
  • Currency: UK Pounds
  • Shares Issued: 1,661.75m
  • Volume: 78,919
  • Market Cap: £10.80m
  • RiskGrade: 457
  • Beta: 0.01

Proton Motor gets follow-up order from Switzerland's H2tec

By Josh White

Date: Wednesday 12 Jun 2024

LONDON (ShareCast) - (Sharecast News) - Proton Motor Power Systems announced a follow-up order from Switzerland-based H2tec on Wednesday, for its HyCabinet S16 system.
The AIM-traded firm said the order marked a continuation of its collaboration, following two years of testing and validation of the initial system.

H2tec, serving the Swiss Federal Roads Office (FEDRO), which manages 300 road tunnels in Switzerland, initially ordered a system from Proton Motor in November 2020.

After successful implementation and operation beginning in December 2022, H2tec had now placed an order for an indoor plug-and-play HyCabinet S16 fuel cell system.

The HyCabinet S16 includes an integrated master control unit and voltage distribution cabinet.

Initially, it would feature one 'HyModule S8' for an 8 kW nominal power output, with the option to upgrade to a second HyModule S8, providing a fully redundant 16 kW output.

Delivery of the new system was expected by the first quarter of 2025.

"This follow-up order from H2tec is further evidence, on behalf of FEDRO, of the trust of our customers in the reliability of Proton Motor's proprietary hydrogen fuel cell technology and our support and service," said chief executive officer Dr Faiz Nahab.

"We look forward to continuing to work further with H2tec AG to provide them with zero-emission hydrogen fuel cell power generator solutions."

Reporting by Josh White for Sharecast.com.

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Note 1: Prices and trades are provided by Digital Look Corporate Solutions and are delayed by at least 15 minutes.

Note 2: RiskGrade figures are provided by RiskMetrics.

 

PPS Market Data

Currency UK Pounds
Share Price 0.65p
Change Today 0.000p
% Change 0.00 %
52 Week High 5.75p
52 Week Low 0.35p
Volume 78,919
Shares Issued 1,661.75m
Market Cap £10.80m
Beta 0.01
RiskGrade 457

PPS Star Ratings

Compare performance with the sector and the market.
more star ratings
Key: vs Market vs Sector
Value
4.21% above the market average4.21% above the market average4.21% above the market average4.21% above the market average4.21% above the market average
Sector averageSector averageSector averageSector averageSector average
Price Trend
96.89% below the market average96.89% below the market average96.89% below the market average96.89% below the market average96.89% below the market average
100% below the sector average100% below the sector average100% below the sector average100% below the sector average100% below the sector average
Income Not Available
Growth
35.4% below the market average35.4% below the market average35.4% below the market average35.4% below the market average35.4% below the market average
75% below the sector average75% below the sector average75% below the sector average75% below the sector average75% below the sector average

PPS Dividends

No dividends found

Trades for 10-Oct-2024

Time Volume / Share Price
16:12 50,000 @ 0.61p
15:59 5,000 @ 0.60p
14:25 30,000 @ 0.50p
13:28 5,000 @ 0.76p
10:01 3,765 @ 0.77p

PPS Key Personnel

CEO Faiz Francois Nahab
COO Sebastian Goldner

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