Advent Technologies and Airbus expand Joint Development Agreement

Core Insights - Advent Technologies Holdings, Inc. is expanding its Joint Development Agreement with Airbus to advance the Ion Pair™ Membrane Electrode Assembly (MEA) for High-Temperature Proton Exchange Membrane (HT-PEM) fuel cell technology [1][2] - The expansion aims to provide more accurate durability measurements and facilitate the next phase of development [1] - Advent's HT-PEM technology is crucial for efficient cooling of aircraft engines, contributing to reduced weight and drag [2] Company Overview - Advent Technologies Holdings, Inc. develops, manufactures, and assembles complete fuel cell systems and supplies critical components for fuel cells in the renewable energy sector [3] - The company is headquartered in Livermore, California, with additional offices in Greece [3] - Advent holds approximately 70 patents related to fuel cell technology, focusing on next-generation HT-PEM suitable for various sectors including automotive, aviation, and power generation [3]