SFC Energy AG receives major order for EFOY fuel cells in the U.S. with a volume of about USD 15 million
November 18, 2022 at 06:42 am EST
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EQS-Ad-hoc: SFC Energy AG / Key word(s): Incoming Orders
SFC Energy AG receives major order for EFOY fuel cells in the U.S. with a volume of about USD 15 million
18-Nov-2022 / 12:40 CET/CEST
Disclosure of an inside information acc. to Article 17 MAR of the Regulation (EU) No 596/2014, transmitted by EQS News - a service of EQS Group AG.
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SFC Energy AG receives major order for EFOY fuel cells in the U.S. with a volume of about USD 15 million
Brunnthal/Munich, 18 November 2022 - SFC Energy AG (F3C:DE, ISIN: DE0007568578) has received a major order for about 2,300 EFOY fuel cells from a US customer. The contract concluded today has a volume of approximately USD 15 million, half of which will be recognized in sales and earnings in fiscal years 2023 and 2024, respectively. The deliveries will take place between the end of March 2023 and the end of November 2024. The major order will result in significant growth for SFC Energy AG's important US business.
The fuel cells will be used in the field of mobile surveillance technology.
SFC Energy IR Contact:
Susan Hoffmeister
Phone +49 89 125 09 03-33
Email: susan.hoffmeister@sfc.com
Web: sfc.com
18-Nov-2022 CET/CEST The EQS Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases. Archive at www.eqs-news.com
Language:
English
Company:
SFC Energy AG
Eugen-Sänger-Ring 7
85649 Brunnthal-Nord
Germany
Phone:
+49 (89) 673 592 - 100
Fax:
+49 (89) 673 592 - 169
E-mail:
ir@sfc.com
Internet:
www.sfc.com
ISIN:
DE0007568578
WKN:
756857
Listed:
Regulated Market in Frankfurt (Prime Standard); Regulated Unofficial Market in Berlin, Dusseldorf, Hamburg, Munich, Stuttgart, Tradegate Exchange
SFC Energy AG (SFC) is a Germany-based company, operating in the fuel cell sector. It develops, produces and distributes fuel cell products based on direct methanol fuel cell (DMFC) technology. The companyâs activities are divided into three business segments. In the Consumer segment fuel cells are used to supply power to recreational vehicles, sailing yachts, vacation cottages and sailboats. The Industry segment provides applications in security and surveillance, traffic management, wind power, environmental technology and oil and gas sectors, as well as sells electronic components for integration into defense equipment, testing and metering systems. The Defense & Security segment covers defense and security applications for defense organizations and governments. SFCâs products portfolio encompasses the JENNY 600S, the vehicle-based EMILY 3000, the EMILY Cube 2500, the SFC Power Manager and network systems.