Category Archives: Press Release

Advent Technologies Announces Membership in German Intelligent Mobility Association

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 […]

Advent Technologies Enters Into Definitive Agreement to Acquire the Fuel Cell Systems Businesses of fischer Group

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 […]

Advent Technologies Chairman and CEO Dr. Vasilis Gregoriou to Address the Energy Council’s “European Hydrogen Conference”

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 […]

Advent Technologies Chairman and CEO Dr. Vasilis Gregoriou to Speak at Edison Open House: Transport Futures

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 […]

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. […]