Advent Technologies Holdings, Inc. (NASDAQ: ADN), through its wholly owned subsidiary, Advent Technologies, SA, is pleased to announce the receipt of a significant purchase order from a leading European transportation power company for the supply of Advent’s proprietary Membrane Electrode Assemblies (MEA).
This strategic order marks a major milestone for Advent, reinforcing its position as a key supplier of advanced fuel cell components. This order is scheduled for initial delivery in November 2025 with completion by year-end.
Gary Herman, Advent’s CEO, commented: “I want to congratulate the Advent team for securing this important order. It reflects the strength of our technology and the trust placed in us by industry leaders. We look forward to delivering on this commitment and continuing to expand our footprint in this sector.”
Nikolaos Farmakiotis, Advent’s Sales & Marketing Manager, added: “This order is a strong validation of our commercial strategy and the value our MEA technology brings to high-performance industries. We are excited to support our customer’s innovation goals and proud to contribute to the future of clean propulsion.”
This announcement underscores Advent’s strategic focus on commercializing its core technologies and scaling production to meet the needs of high-impact industries. The transportation sector represents a key growth area for Advent, and this order will contribute to the Company’s revenue trajectory and investor confidence.
ADN shares took on 22 cents, or 6.7%, to $ 3.46.
