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Surging Earnings Estimates Signal Upside for Bloom Energy (BE) Stock
ZACKS· 2025-10-08 17:21
Bloom Energy (BE) could be a solid addition to your portfolio given a notable revision in the company's earnings estimates. While the stock has been gaining lately, the trend might continue since its earnings outlook is still improving.The rising trend in estimate revisions, which is a result of growing analyst optimism on the earnings prospects of this developer of fuel cell systems, should get reflected in its stock price. After all, empirical research shows a strong correlation between trends in earnings ...
Plug Power Successfully Raises $370 Million From Warrant Inducement Transaction With the Potential to Receive an Additional $1.4 Billion in Gross Proceeds if New Warrants are Fully Exercised
Globenewswire· 2025-10-08 12:47
Warrant Exercise by Existing Institutional Investor Improves Plug Power's Financial Position and Accelerates Its Growth InitiativesSLINGERLANDS, N.Y., Oct. 08, 2025 (GLOBE NEWSWIRE) -- Plug Power Inc. (NASDAQ: PLUG) (“Plug Power” or the “Company”), a global leader in comprehensive hydrogen solutions for the hydrogen economy announced that it has entered into a warrant inducement agreement with a single existing institutional investor for the immediate exercise of the entirety of the Company’s outstanding wa ...
Why Did Plug Power Stock Pop Today?
Yahoo Finance· 2025-09-17 17:54
Group 1 - Plug Power's shares increased by 16.1% without any apparent reason for the rise [1][8] - The company positions itself as a pioneer in the hydrogen industry, manufacturing a range of products including electrolyzers and fuel cell systems [3] - Despite being a "first mover," Plug Power has not yet turned a profit in its 28 years of operation, with revenues declining nearly 30% last year [4] Group 2 - Analysts predict that Plug Power may achieve profitability, but not before 2030, raising concerns about the company's financial sustainability [5] - Currently, Plug Power has approximately $140 million in cash against nearly $1 billion in debt, with an annual cash burn exceeding $800 million [6] - The company may need to increase its debt or issue more stock, which could dilute current investors' shares [6]
Advent Technologies engages Fata Advisory to Support Business Development for Aerospace, Defense, and Commercial Markets
Globenewswire· 2025-08-27 12:45
Core Insights - Advent Technologies Holdings, Inc. has engaged Fata Advisory, LLC to enhance its strategic outreach and business development efforts with key U.S. government and commercial customers in the aerospace, defense, and commercial markets [1][3] Company Overview - Advent Technologies is a U.S. corporation focused on developing, manufacturing, and assembling complete fuel cell systems, as well as supplying critical components for fuel cells in the renewable energy sector [4] - The company is headquartered in Livermore, California, with additional offices in Greece [4] - Advent holds approximately 150 patents related to fuel cell technology, including next-generation HT-PEM technology that allows various fuels to operate at high temperatures and extreme conditions [4] Leadership and Expertise - Daniel Fata, the founder of Fata Advisory, has over 30 years of experience in the Department of Defense and the aerospace and defense industries, including work with Lockheed Martin [2] - The CEO of Advent, Gary Herman, expressed confidence in Fata's experience and connections within the defense industry to broaden outreach with federal agencies [3]
Advent Technologies Announces Joseph Hosni as Director of Commercial Sales
Globenewswire· 2025-05-27 14:00
Core Insights - Advent Technologies Holdings, Inc. has appointed Joseph Hosni as the Director of Commercial Sales, based in Athens, Greece, to enhance its global sales strategy and commercialization efforts [1][2]. Company Overview - Advent Technologies is a U.S. corporation focused on developing, manufacturing, and assembling complete fuel cell systems, as well as supplying critical components for fuel cells in the renewable energy sector [3]. - The company is headquartered in Livermore, California, with additional offices in Athens and Patras, Greece [3]. - Advent holds approximately 150 patents related to fuel cell technology, particularly in next-generation HT-PEM that operates efficiently under high temperatures and extreme conditions [3]. Leadership and Strategy - Joseph Hosni brings over 25 years of experience in technology and infrastructure sales, previously serving as the Commercial Director of VEN Engineering [2]. - The management team, including Konstantinos Ferderigos and CEO Gary Herman, expresses confidence in Hosni's ability to drive the company's vision and expand its global sales strategy [2]. - The company aims to leverage its advanced technology to provide clean energy solutions across various industries, including military, aviation, heavy automotive, and marine [2].
Advent Technologies Receives Nasdaq Notice on Late Filing of its Form 10-Q
Globenewswire· 2025-05-23 23:00
Core Points - Advent Technologies Holdings, Inc. has received a notification from Nasdaq regarding non-compliance with listing requirements due to late filings of its Quarterly Report on Form 10-Q and Annual Report on Form 10-K [1][2] - The company has until June 16, 2025, to submit a compliance plan to Nasdaq, which, if accepted, may allow an extension until October 13, 2025, to regain compliance [2][3] - Advent Technologies specializes in developing and manufacturing fuel cell systems and holds over 150 patents related to fuel cell technology [4] Company Overview - Advent Technologies Holdings, Inc. is based in Livermore, California, with additional offices in Athens and Patras, Greece [4] - The company focuses on renewable energy, particularly in fuel cell technology, suitable for various sectors including automotive, aviation, defense, oil and gas, marine, and power generation [4] - The company possesses intellectual property for next-generation HT-PEM fuel cells that operate under high temperatures and extreme conditions [4]
Hidrogenii, a Plug and Olin Joint Venture, Commissions 15 Ton Per Day Hydrogen Liquefaction Plant in Louisiana
Newsfilter· 2025-04-17 11:30
Core Insights - Hidrogenii, a joint venture between Plug Power Inc. and Olin Corporation, has commissioned a 15 metric-ton-per-day hydrogen liquefaction plant in St. Gabriel, Louisiana, enhancing the regional hydrogen supply chain and supporting the U.S. transition to low-carbon energy [1][3][10] - The new facility will liquefy hydrogen produced by Olin for trailer shipments across the U.S., increasing Plug's total hydrogen production capacity to 40 TPD [2][5] - The establishment of this plant is part of Plug's strategy to scale a national green hydrogen network, complementing existing production sites in Georgia and Tennessee [3][5] Company Overview - Plug Power is focused on building a global hydrogen economy with an integrated ecosystem that includes production, storage, delivery, and power generation [4] - The company has deployed over 72,000 fuel cell systems and 275 fueling stations, making it the largest user of liquid hydrogen [5] - Olin Corporation is a leading manufacturer and distributor of chemical products, including hydrogen, and is involved in the ammunition manufacturing sector [7] Joint Venture Details - Hidrogenii was established in 2022 to operate the liquid hydrogen facility in St. Gabriel, combining Plug's hydrogen technology with Olin's industrial expertise [3][9] - The joint venture aims to produce and deliver reliable, domestically sourced hydrogen to meet growing demand across various markets [10]
Advent Technologies Holdings Receives Nasdaq Notice on Late Filing of its Form 10-K
Globenewswire· 2025-04-17 00:00
Core Points - Advent Technologies Holdings, Inc. received a notice from Nasdaq regarding non-compliance with periodic filing requirements due to the failure to file its Annual Report on Form 10-K for the fiscal year ended December 31, 2024 by the due date of March 31, 2025 [1][2] - The notice does not have an immediate effect on the listing or trading of the company's shares, and Advent has 60 calendar days to submit a compliance plan [2] - The company plans to submit the compliance plan by April 30, 2025, and aims to file its Fiscal Year 2024 10-K with the SEC by the same date [3] 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 [5] - The company is headquartered in Livermore, California, with additional offices in Greece, and holds approximately 150 patents related to fuel cell technology [5] - Advent's technology is applicable across various sectors including automotive, aviation, defense, oil and gas, marine, and power generation [5]