LIVERMORE, Calif. – Advent Technologies Holdings, Inc. (OTCQB: ADNH), an innovation-driven leader in the field of fuel cell and hydrogen technologies, is pleased to announce the extension of its Joint Development Agreement with Airbus for next-generation development. Ion Pair™ Membrane Electrode Assembly (MEA) for High-Temperature Proton Exchange Membrane (HT-PEM) fuel cell technology. This expansion is designed to provide parties with more accurate measurements of strength to achieve their goals and enter the next phase of development.
Jim Coffey, Advent's Chief Operating Officer said, “Our relationship with Airbus is strong. Having the opportunity to contribute to its expansion and establish best practices to prove the healthy working relationship we have with each other. Working with the Airbus team on the next-generation hydrogen electric propulsion system has been a unique pleasure. The integration of Advent's HT-PEM electrode is an important part of making the radiator efficient for our engine technology. That reduces weight and drag on the aircraft.”
Emory De Castro, Advent's Chief Technology Officernoted, “Advent has met Airbus' interim capacity targets, and we are now shifting our focus to durability under flight cycles. Lifetime measurement always takes a long time, so this extended contract will provide additional real-life durability data as we continue to improve MEA's capabilities beyond what we have already achieved. In addition, the extended contract allows the team to launch an important stack of next-generation tests, Ion Pair MEA technology. “
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, Patras and Kozani 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. For more information, visit our website at