LIVERMORE, Calif., Aug. 27, 2025 (GLOBE NEWSWIRE) -- Advent Technologies Holdings, Inc. (NASDAQ: ADN), an innovation-driven leader in fuel cells and hydrogen technologies, is pleased to announce that it has engaged Fata Advisory, LLC to support the Company’s strategic outreach and business development with key U.S. government, commercial, and potential foreign customers in deploying Advent’s power generation products for the aerospace, defense, and commercial markets. The firm’s founder and principal, Danie ...

LIVERMORE, Calif., Aug. 26, 2025 (GLOBE NEWSWIRE) -- Advent Technologies Holdings, Inc. (NASDAQ: ADN), an innovation-driven leader in fuel cells and hydrogen technologies, is pursuing new initiatives in the space sector with the European Space Agency (ESA) and other major agencies and private companies. Advent’s proven high temperature proton exchange membrane (HT-PEM) technology is the perfect solution for the power requirements in the space sector when batteries alone are insufficient. Gary Herman, the CE ...

DANBURY, Conn., Aug. 26, 2025 (GLOBE NEWSWIRE) -- FuelCell Energy, Inc. (Nasdaq: FCEL) -- announced the upcoming release of its third quarter 2025 results prior to the Stock Market Open on Tuesday, September 9, 2025. FuelCell Energy management will subsequently host a conference call with investors beginning at 10:00 a.m. Eastern Time the same day to discuss the results and provide a business update. Participants can access the live call via webcast on the Company website or by telephone as follows: The liv ...

Core Viewpoint - Plug Power has shown potential in the fuel cell and hydrogen market, but profitability remains a challenge despite recent operational improvements [1][2]. Group 1: Company Performance - Plug Power has a long history of partnerships, including a notable collaboration with Walmart and the establishment of a hydrogen production plant in Louisiana [1]. - The company has struggled with profitability, reporting a gross profit margin of negative 41.4% for the first half of 2025, an improvement from negative 110.1% in the same period of 2024 [5]. - CEO Andy Marsh highlighted that Project Quantum Leap is central to operational improvements and aims for gross margin neutrality by Q4 2025 [6]. Group 2: Cost Reduction Initiatives - Project Quantum Leap was introduced as a cost-reduction initiative, targeting annual savings of $150 million to $200 million through workforce reductions and cuts in discretionary spending and capital expenditures [4]. - The initiative appears to be yielding results, contributing to a narrower loss in gross profit margin for the first half of 2025 [5][6]. Group 3: Future Outlook - There is cautious optimism regarding Plug Power's potential to achieve breakeven on a gross profit basis, which could make the stock more attractive to investors [6].

LIVERMORE, Calif., Aug. 18, 2025 (GLOBE NEWSWIRE) -- Advent Technologies Holdings, Inc. (NASDAQ: ADN) an innovation-driven leader in the fuel cell and hydrogen technology sector, is supplying its proprietary membrane electrode assembly technology to Stralis Aircraft, based in Australia, for their hydrogen electric Beechcraft Bonanza aircraft. Emory De Castro, the Chief Technology Officer of the Company stated, “we continue to work closely with the team at Stralis on their next generation high temperature (H ...

The CEO spoke to Bloomberg and hinted the company was in talks with more hyperscalers about using their fuel cells.Shares of Bloom Energy (BE 0.49%) rallied this week, appreciating 27% as of 2:15 p.m. ET Friday, according to data from S&P Global Market Intelligence.There weren't any financial disclosures for Bloom this week, but CEO KR Sridhar did hold an interview with Bloomberg on Wednesday, during which he made very bullish comments on Bloom's future and the future of AI data centers.More hyperscaler dea ...

Group 1 - The focus has shifted towards offshore drilling, supply industry, and shipping, including tankers, containers, and dry bulk [1] - The fuel cell industry is being monitored as it is still in its early stages of development [1] Group 2 - The individual has extensive experience in auditing and trading, having navigated significant market events such as the dotcom bubble and the subprime crisis [2] - The research provided aims to maintain high quality despite language barriers [2]

Core Insights - Plug Power reported a quarterly loss of $0.20 per share, missing the analyst estimate of a $0.16 loss [1] - Quarterly revenue was $173.97 million, exceeding the Street estimate of $157.1 million and up from $143.35 million in the same period last year [1] Financial Performance - Electrolyzer revenue tripled year-over-year, reaching approximately $45 million in the second quarter [4] - Gross margin improved to -31% from -92% year-over-year, attributed to service cost reductions, equipment cost improvements, and better hydrogen pricing [4] - Net cash used in operating and investing activities declined over 40% year-over-year [4] - The company exited the second quarter with over $140 million in unrestricted cash and cash equivalents [4] Outlook - Plug Power expects to achieve gross margin breakeven on a run-rate basis in the fourth quarter of this year due to continued cost discipline, enhanced service execution, and scale benefits [2]

Financial Data and Key Metrics Changes - Revenue for Q2 2025 was $401 million, representing a 19.5% year-over-year increase [19] - Gross margin improved to 28.2%, up from 21.8% in Q2 2024, attributed to mix and level loaded manufacturing [19] - Operating income was $28.6 million compared to a loss of $3.2 million in Q2 2024 [20] - Adjusted EBITDA reached $41.2 million, up from $10.2 million in the previous year [20] - Earnings per share (EPS) was $0.10, compared to a loss of $0.06 a year ago [20] Business Line Data and Key Metrics Changes - The service business has been profitable for six consecutive quarters, achieving double-digit percentage margins for the first time [12][20] - The company is experiencing strong demand from commercial and industrial customers, particularly in the AI sector [12][11] Market Data and Key Metrics Changes - The company has seen a significant increase in demand for clean, reliable power solutions, particularly from AI data center operators [6][7] - A strategic partnership with American Electric Power (AEP) has led to deployments with Amazon Web Services and CoreLogics [7][8] Company Strategy and Development Direction - The company plans to double its factory capacity from one gigawatt to two gigawatts by the end of next year [16] - The focus is on rapid deployment and scalability to meet the urgent power needs of AI data centers [12][16] - The company is committed to maintaining fiscal discipline while scaling operations [22] Management's Comments on Operating Environment and Future Outlook - Management expressed confidence in the strong demand for their products, driven by the need for rapid deployment in the AI sector [12][34] - The restoration of tax credit benefits for fuel cell systems is expected to provide a tailwind for growth [13] - The company reiterated its 2025 revenue guidance of $1.65 billion to $1.85 billion [21] Other Important Information - The company has generated over 40 terawatt hours of electricity and deployed more than 22,000 energy servers since inception [14] - The company has collected over 4.5 trillion data points from its fuel cell stacks, which are being used to improve performance and reduce costs [15][91] Q&A Session Summary Question: Can you elaborate on your recent success with hyperscalers? - The Oracle deal marks the first direct interaction with a hyperscaler, and Bloom will serve as the primary power source for a significant AI data center project [26][27] Question: What gives you the confidence to double your production capacity? - Confidence stems from strong commercial activity and a robust pipeline, with large hyperscalers expected to spend significantly on CapEx [31][34] Question: How long do you expect it to take to build out this capacity? - The company can increase capacity in six months and is prepared to meet customer timelines [38][40] Question: What is the estimated cost for the expansion? - The expansion to two gigawatts is estimated to cost around $100 million, spread over several quarters [41] Question: Can you discuss the improvement in operating margin? - The improvement is driven by fiscal discipline and effective cost management, with expectations for continued growth in operating income [46][47] Question: What is the status of international opportunities? - The company is actively developing markets in Taiwan, Germany, Italy, and the UK, while maintaining a strong domestic focus [71][72] Question: How does Bloom's solution compare to natural gas turbines? - Bloom's solution offers lower operating costs, easier permitting, and faster deployment compared to traditional gas turbines [99][100] Question: Can you confirm the status of the recent projects with AEP? - The projects with AEP are part of the existing pipeline, contributing to the overall capacity goals [103] Question: Can you provide clarity on the Oracle deal? - The Oracle deal is a confirmed purchase order, with power expected to be delivered within ninety days [107]

Core Insights - FuelCell Energy has signed a seven-year agreement with CGN-Yulchon Generation Co., Ltd. for the purchase of eight advanced carbonate fuel cell modules and maintenance services, reinforcing its position as a utility-scale electric power producer [1][2][4] - The CGN-Yulchon facility will utilize four fuel cell units, each consisting of two modules, producing a total of 10 megawatts of low carbon baseload power, contributing to CGN's decarbonization goals and South Korea's Hydrogen Economy Roadmap [2][3] - This agreement enhances FuelCell Energy's strategic presence in Asia's advanced fuel cell market, alongside other projects, demonstrating momentum in repowering utility-scale assets [4] Company Operations - FuelCell Energy is the only provider delivering utility-scale power and steam, with applications in district heating and industrial processes, offering a scalable, clean energy platform [5][6] - The company has operated a dedicated service team in Korea since 2018, supporting over 100 megawatts of installed capacity, with a service model that includes 24/7 monitoring and preventative maintenance [7] - FuelCell Energy's technology is positioned to meet the growing global demand for electricity, providing high-efficiency, low-emission baseload power [6][8]