The listed London-based parent company of the Bavarian operating technology subsidiary "Proton Motor Fuel Cell GmbH" has announced the audited results for the financial year ended 31 December 2021 in mid-June. Proton Motor Power Systems plc, which issues the green energy share PPS (WKN: A3DAJ9 / ISIN: GB00BP83GZ24) on the Alternative Investment Market (AIM), publishes the total order intake of GBP 2,800k with 49 percent distribution in the stationary segment. The follow-up orders of GKN Hydrogen for the Proton Motor system HyModule® S8 are effective here. The new HyShelter® 240 fuel cell power plant for Shell New Energies in the network of the international energy group is also an example of successful off-grid power supply. Sales in 2021 were GBP 2,771k (2020: GBP 1,893k), representing an annual increase of 46 percent.
HyModule®, HyShelter®, HyRange®, HyRail® and HyShip® in Proton Motor's brand product portfolio
With regard to the automotive sector, the stock news (RNS) refers to the Memorandum of Understanding (MoU) with Electra Commercial Vehicles Limited. Furthermore, E-Trucks Europe b.v. has placed an order for seven HyRange® 43 systems in 2021. In co-operation with Torqeedo GmbH, Proton Motor is currently developing the high-voltage hybrid propulsion system "Ma-Hy-Hy" (Marine-Hybrid-Hydrogen) with battery and hydrogen fuel cell.
For 100 % zero-emission performance on the open sea, Proton Motor produced the HyShip® 72 propulsion solution for delivery at the beginning of 2022 to the largest European shipbuilding group Fincantieri S.p.A. The world innovation of the hydrogen-powered MG 11 Hydrogen rail milling train, for which the HyRail® fuel cell system with 214 kW installed power was manufactured by Proton Motor engineering, has recently been presented to the public for the first time with great success.
Caption: Proton Motor CEO Dr. Faiz Nahab (2nd from left; the Board - Roman Kotlarzewski/CFO, Helmut Gierse/Chairman, Sebastian Goldner/CTO & COO, Manfred Limbrunner/Director Sales & Marketing) comments: "Furthermore, it is anticipated that the significant strengthening of political commitment to hydrogen, as evident in 2021, will contribute to further accentuating the demand for hydrogen related products, such as the fuel cell."_(c) Proton Motor