“We are honored and excited to work with the best electrochemists in the world from the LANL, BNL, and NREL in developing the next standard of fuel cell technology,” said Dr. Vasilis Gregoriou, Advent’s Chief Executive Officer and Founder. “The mandate from the aerospace, marine, and heavy-duty automotive industry is clear: they want to move to high-temperature fuel cell technology, and we believe that we will be able to provide the best product at the best price. Our recent NASDAQ listing and round of fundraising will allow us to make this agreement the top priority of our product development effort. We expect to commercialize the technology in 2021, bring products to the market in early 2022, and scale it up at mass production in 2023.”
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