Cell Impact has signed an agreement concerning flow plates, tools, and fixtures to a value of just over $1.7 MM. The contract marks a significant step for Cell Impact into the electrolyzer market.
The agreement, spanning 30 months, introduces a new market segment for Cell Impact as well as a new, European customer. The customer boasts a promising unique technology for manufacturing PEM electrolyzers. The project is set to begin in March 2024, with deliveries initially expected to continue until mid-2026.
“One of the advantages of this customer's technical solution is that it allows us to supply flow plates from our existing production lines based on the Cell Impact FormingTM forming technology, without modifying our machines, said Daniel Vallin, Interim CEO of Cell Impact who concludes:
“At Cell Impact, we have been focusing on enhancing the electrolyzer offering. During 2023, we have communicated product sample deliveries and about ongoing customer projects in interim reports. This agreement confirms that our technology and products are attractive also for electrolyzers—a crucial component in the production of green H2.”