LIVERMORE, Calif., April 02, 2026 (GLOBE NEWSWIRE) – Advent Technologies Holdings, Inc. (“Advent” or the “Company”), an innovation-driven leader in the fuel cell technology and hydrogen technology space, has entered into a license agreement and joint development agreement with EH Group Engineering AG (“EH-based.
Under the terms of the agreement, EH Group granted Advent a field-specific license to its high temperature proton exchange membrane (“HTPEM”) fuel cell stack and systems technology. The collaboration will focus on integrating Advent's proprietary membrane technology with EH Group's HTPEM stack architecture.
The two companies will work together on the joint development of advanced HPPEM solutions for fuel cells, with a particular focus on stationary power applications. These applications include backup power for data centers, telecommunications infrastructure, and microgrid installations where stability and energy security are important.
“Partnering with EH Group marks an important step forward in expanding Advent's HTPEM technology portfolio and accelerating innovation in the stationary energy market,” said Emory DeCastro, Chief Technology Officer of Advent Technologies. “By combining our expertise in membrane chemistry and EH stack engineering, we are well positioned to deliver highly efficient fuel cell solutions that meet the growing demand for reliable and sustainable energy.”
“We are pleased to partner with Advent in developing HTEMM cell technology,” said Mardit Matian, Founder of EH Group Engineering. “This agreement enables us to leverage EH Group's proprietary manufacturing stacks and systems engineering to jointly develop solutions that address critical energy challenges in distributed energy applications.”
The main objective of the partnership is to exploit the potential of HTPEM fuel technology. Joint development efforts will focus on increasing system performance, resilience, and resilience, with the goal of delivering workable solutions to meet the growing global demand for clean and sustainable energy infrastructure.
Advent and EH Group share the same view that HTPEM fuel cell technology represents a highly efficient and flexible solution for off-grid and distributed energy needs. The collaboration will focus on leveraging the strengths of both organizations to accelerate the commercialization of next-generation fuel cell systems. The companies believe that HTPEM fuel cells are well-suited to provide reliable, clean, and efficient power for a variety of stationary applications, including behind the meter and backup power for data centers, telecommunications infrastructure, and remote or off-grid installations where reliability and energy security are critical.
About Advent Technologies Holdings, Inc.
Advent Technologies Holdings, Inc. is a US corporation that develops, manufactures, and assembles complete fuel cell systems and supplies customers with key fuel cell components for the renewable energy sector. Advent is headquartered in Livermore, CA, with offices in Athens, Kozani and Patras Greece. With approximately 70 issued, pending, and/or licensed patents for fuel cell technology, Advent owns the next-generation HT-PEM IP that enables a variety of fuels to operate at high temperatures and under extreme conditions, suitable for the automotive, aerospace, defense, oil and gas, marine, and electric power sectors.
About EH Group Engineering AG
Founded in 2017 and based in Switzerland, the EH Group develops advanced hydrogen technologies that enable the transition to clean, sustainable energy systems. EH Group's refined and efficient fuel cell stack, designed for high performance and high-quality production offers a cost-effective alternative to fossil fuel technology especially in sectors where batteries alone are insufficient. The Company's solutions are well-suited for maritime and regional aircraft, where space, weight, and reliability are important. EH also addresses the growing demand for clean stationary applications, including data center backup capabilities, microgrids, and long-term energy storage. Find out more at www.ehgroup.ch.
Cautionary Note Regarding Forward-Looking Statements
This press release contains forward-looking statements. These forward-looking statements can generally be identified by the use of words such as “anticipate,” “anticipate,” “plan,” “may,” “likely,” “may,” “believe,” “estimate,” “forecast,” “goal,” “project,” 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. Active risks and uncertainties include, among other things, the Company's ability to maintain a listing of the Company's common stock on Nasdaq; future financial performance; potential public securities and trading; the impact arising from the outcome of any known and unknown litigation; the ability to predict and maintain an adequate rate of revenue growth and appropriately plan its expenses; expectations about future costs; future mix of income and impact on net income; attracting and retaining qualified directors, officers, employees and key personnel; the ability to compete effectively in a competitive industry; the ability to protect and enhance Advent's corporate reputation; expectations regarding its relationships and actions with technology partners and other third parties; the impact from future regulatory, judicial and legal changes in the industry; the ability to acquire and acquire complementary technologies or resources and to integrate those into the Company's business; future plans, or investments in other organizations or entities; and intense competition and competitive pressure from other companies around the world in the industries in which the Company will operate; and the risks noted under the heading “Risk Factors” in Advent's Annual Report on Form 10-K filed with the Securities and Exchange Commission (“SEC”) on June 6, 2025, and other information filed with the SEC. Investors are cautioned not to place undue reliance on forward-looking statements contained in this press release. You are encouraged to read Advent's filings with the SEC, available at www.sec.gov, 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's business is subject to significant risks and uncertainties, including those listed above. Investors, potential investors, and others should carefully consider these risks and uncertainties.
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