Author Archives: Advent Technologies

Advent Technologies Set to Join Russell 3000® Index

BOSTON–(BUSINESS WIRE)–Advent Technologies Holdings, Inc. (NASDAQ: ADN) (“Advent“), an innovation-driven company in the fuel cell and hydrogen technology space, today announced it is set to join the U.S. broad-market Russell 3000® Index at the conclusion of this year’s Russell indexes annual reconstitution. The preliminary list of additions was released earlier this month on June 4, 2021, […]

Advent Technologies Signs New Contract with U.S. Department of Defense for Wearable Fuel Cell

Contract paves way for completing the military standard certification for high-tech portable power system developed by Advent subsidiary UltraCell BOSTON–(BUSINESS WIRE)– Advent Technologies Holdings, Inc. (NASDAQ: ADN) (“Advent”) today announced that its subsidiary, UltraCell LLC, has received a contract from the U.S. Department of Defense (DoD) to focus on completing the MIL-STD certification of UltraCell’s […]

Advent Technologies Welcomes U.S. Ambassador to Greece, Geoffrey R. Pyatt, to the Company’s Facilities in Patras, Greece

Dr. Gregoriou Led the Tour of the Company’s State-Of-The-Art Facilities Ambassador Pyatt Was Able to See the Company’s Products and Learn About its Success Story BOSTON–(BUSINESS WIRE)–Advent Technologies Holdings, Inc. (NASDAQ: ADN) (“Advent”) today announced that Dr. Vasilis Gregoriou, Advent Chairman and CEO, welcomed the U.S. Ambassador to Greece, Geoffrey R. Pyatt, to the Company’s […]

Advent Technologies Reports Fivefold Increase in Bookings and Shipments of Materials for Redox Flow Batteries in Q1

05/26/2021 Advent’s Materials Have Longer Lifetime and are Lower Cost Than Those of Ion Exchange Membranes BOSTON–(BUSINESS WIRE)– Advent Technologies Holdings, Inc. (NASDAQ: ADN) (“Advent”) today reported that bookings and shipments of their materials for redox flow batteries (RFBs) in the first quarter of 2021 rose by 500 percent year-over-year. Advent’s materials apply to renewable […]

Advent Technologies Reports Q1 2021 Results

05/20/2021 *This press release has been updated in accordance with the financial statements included in the Company’s Quarterly Report on Form 10-Q filed with the Securities and Exchange Commission on May 20, 2021. Q1 Revenue of $1.49 million exceeds total fiscal year 2020 revenue Net income of $2.91 million and Adjusted Net Loss of $0.99 […]

Advent Technologies Participates in Major European Hydrogen Project (IPCEI) “White Dragon” Proposal Submission

“White Dragon” is poised to be an important step in the green energy transition to hydrogen technology BOSTON – May 19, 2021 – Advent Technologies Holdings, Inc. (NASDAQ: ADN) (“Advent”), an innovation-driven company in the fuel cell and hydrogen technology space, today announced the achievement of an important milestone in the development of hydrogen technologies. […]

Advent Technologies Chairman and CEO Dr. Vasilis Gregoriou to Address Reuters Events Hydrogen 2021

05/18/2021 BOSTON–(BUSINESS WIRE)– Advent Technologies Holdings, Inc. (NASDAQ: ADN) (“Advent”), an innovation-driven company in the fuel cell and hydrogen technology space, today announced that its Chairman and CEO, Dr. Vasilis Gregoriou, will speak at Hydrogen 2021 on Friday, May 21, 2021. The two-day digital conference and exhibition is hosted by Reuters Events and will connect key […]

Advent Technologies Provides Business Update

05/17/2021 Delivers Record First Quarter 2021 Results with Revenue of $1.49 million, Exceeding Total FY 2020 Revenue and Demonstrating Increased Demand Across All Sectors Company Continues to Work Expeditiously to Complete Previously Announced Financial Restatement and File its Amendment No. 1 to Form 10-K Files Form 12b-25 to Extend Filing Date for First Quarter 2021 […]

Advent Technologies Announces Membership in The Fuel Cell and Hydrogen Energy Association

Boston, MA – April 28, 2021 – Advent Technologies Holdings, Inc. (NASDAQ: ADN) (“Advent“) today announced that it is now a member of the Fuel Cell and Hydrogen Energy Association (FCHEA). Advent is active in the next-generation fuel cell and hydrogen technology space. The U.S. corporation develops cutting-edge technologies allowing for an ‘Any Fuel. Anywhere.’ […]

Tackling the Charging and Range Problems of EVs

By Dr. Chris Kaskavelis and Elisabeth Maragoula The global energy transition takes a commitment by all players – including governments, citizens, and manufacturers. The New York Times recently published an article on the Transition to Electric Cars, highlighting the challenge of ‘charger deserts’ or areas that currently lack a sufficient charging infrastructure. In the fuel […]