Q2 Revenue up 400% versus prior year on increased customer demand for Advent product offerings and acquisition of UltraCell Net loss of $(3.14) million and adjusted net loss of $(6.79) million excluding warrant valuation adjustment Company holds cash reserves of $116.11 million Strong market interest reflected in high level of commercial activity BOSTON–(BUSINESS WIRE)– Advent […]
Author Archives: Advent Technologies
BOSTON–(BUSINESS WIRE)– Advent Technologies Holdings, Inc. (NASDAQ: ADN) (“Advent” or the “Company”), an innovation-driven leader in the fuel cell and hydrogen technology space, today announced that Dr. Vasilis Gregoriou, Advent Chairman and CEO, will be presenting at the Jefferies Virtual Industrials Conference on Tuesday, August 3, 2021, from 3:00 – 3:25 PM ET. A webcast of […]
Advent’s Systems Can Result in Fast Decarbonization of the Oil and Gas Industry BOSTON–(BUSINESS WIRE)–Advent Technologies Holdings, Inc. (NASDAQ: ADN) (“Advent” or the “Company”), an innovation-driven leader in the fuel cell and hydrogen technology space, today announced the launch of the M-ZERØ™ family of products. The Advent M-ZERØ™ products, designed specifically to generate power in […]
BOSTON–(BUSINESS WIRE)–Advent Technologies Holdings, Inc. (NASDAQ: ADN) (“Advent” or the “Company”) today announced that it has been nominated by the Greek Ministry of Development and Investment to be part of the first wave of Important Projects of Common European Interest (“IPCEI”) on Hydrogen. Advent has also been selected by the Ministry to be the Coordinator […]
BOSTON–(BUSINESS WIRE)–Advent Technologies Holdings, Inc. (NASDAQ: ADN) (“Advent” or the “Company”), an innovation-driven leader in the fuel cell and hydrogen technology space, today announced that it will take part in the USA Pavilion at DEFEA Defence Exhibition on July 13-15, 2021, at the Metropolitan Expo in Athens, Greece. This high-profile international defense event will bring […]
Kevin Brackman to join the company on July 2, 2021 Kevin Brackman joins Advent Technologies as CFO (Photo: Business Wire) BOSTON–(BUSINESS WIRE)–Advent Technologies Holdings, Inc. (NASDAQ: ADN) (“Advent” or the “Company”), an innovation-driven leader in the fuel cell and hydrogen technology space, today announced that Kevin Brackman will be joining the Company as its new […]
BOSTON–(BUSINESS WIRE)–Advent Technologies Holdings, Inc. (NASDAQ: ADN) (“Advent“) today announced its membership in ITS mobility, the largest competence cluster for intelligent mobility in Germany. The U.S. corporation develops cutting-edge technologies allowing for an “Any Fuel. Anywhere.” option in which Advent’s high-temperature fuel cells are not limited to exclusively using hydrogen as a fuel source as […]
Transaction includes leading fuel cell manufacturer SerEnergy in Denmark and fischer eco solutions GmbH in Germany BOSTON–(BUSINESS WIRE)–Advent Technologies Holdings, Inc. (NASDAQ: ADN) (“Advent”) today announced that it has entered into a definitive agreement to acquire the fuel cell systems businesses of fischer Group for an aggregate consideration of cash and stock of EUR52 million. These businesses […]
BOSTON–(BUSINESS WIRE)– Advent Technologies Holdings, Inc. (NASDAQ: ADN) (“Advent”) today announced that Advent Chairman and CEO Dr. Vasilis Gregoriou will speak at the European Hydrogen Conference on Wednesday, June 23, 2021. The one-day virtual event is produced by the Energy Council and will feature speakers from across the green energy and oil and gas industries […]
Event highlights the top public companies shaping the future of transport, in partnership with the London Stock Exchange, OTC Markets Group and Influence emobility BOSTON–(BUSINESS WIRE)–Advent Technologies Holdings, Inc. (NASDAQ: ADN) (“Advent”) today announced that Advent Chairman and CEO Dr. Vasilis Gregoriou will speak at the Edison Open House: Transport Futures event on Wednesday, June […]