Press release from Companies

Published: 2024-11-07 16:33:46

Smoltek Nanotech Holding AB: Smoltek Hydrogen receives an order from a leading automotive manufacturer for electrodes used in fuel cells

Smoltek Nanotech Holding AB (publ) ("Smoltek" or "the Company") announces that a leading automotive manufacturer has ordered a number of prototypes of Smoltek Hydrogen's nanostructure coating modified for fuel cells. This is the second major vehicle manufacturer to order custom-made prototypes of Smoltek's pioneering hydrogen solutions technology.

Smoltek Hydrogen, a wholly-owned subsidiary of the Smoltek Group, has developed a porous transport electrode for the anode in PEM electrolyzers that can significantly reduce the amount of iridium in a electrolytic cell, which has resonated around the world. With changes in the basic configuration, the technology of the electrode can be modified so that it can also be used for fuel cell applications.

“This is the second vehicle manufacturer to show interest in our technology and order custom-made prototypes according to their specific needs. If the project turns out well, we will likely be trusted to deliver more and larger prototypes,” says Ellinor Ehrnberg, President of Smoltek Hydrogen.

Earlier this year, a world-leading vehicle manufacturer ordered a custom-made prototype from Smoltek Hydrogen for evaluation. Now another major player in the automotive industry has placed an order for specially manufactured prototypes to test in small fuel cells. In this type of evaluation project, the technology is first tested in small centimeter-sized cells. In the next step, the technology is scaled up to a format of 5x5 cm, which is common for evaluating the durability of the electrode through long-term tests.

We offer completely unique solutions for both electrolyzers and fuel cells, which means we have high hopes of starting more and bigger projects with this customer, says Ellinor Ehrnberg. 

For further information:   
Ellinor Ehrnberg, President Smoltek Hydrogen AB  
Email: ellinor.ehrnberg@smoltek.com 
Telephone: +46 317 01 03 05
Website: www.smoltek.com/investors  

Smoltek develops new products with disruptive performance, based on nanotechnology, which solve advanced material engineering challenges in several industrial sectors. Today, the company operates in two business areas: semiconductors and hydrogen. Smoltek protects its unique carbon nanotechnology through an extensive patent portfolio consisting of more than 110 applied for patents, of which 92 are currently granted. The company's share is listed on the Spotlight Stock Market under the short name SMOL. Smoltek is a development company and forward-looking statements regarding time to market, production volume and price levels are to be interpreted as forecasts and not commitments.

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