DGAP-News: SFC Energy AG / Key word(s): Miscellaneous
SFC Energy Receives Initial Order for Portable JENNY 1200 fuel cells
from an International Defense Force
04.08.2015 / 07:30
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SFC Energy AG - Corporate News
SFC Energy Receives Initial Order for Portable JENNY 1200 fuel cells from
an International Defense Force
- Portable JENNY 1200 fuel cell delivers reliable, fully automatic
off-grid power in multi-day missions
- Major advantage: Over 50 kg weight savings per squad
- Initial order amounts to a total value of over EUR 700,000
- Option agreed for additional units with a value of more than EUR 4.4
mio.
- Marks third order of SFC fuel cell products by defense forces within a
week
Brunnthal/Munich, Germany, August 4, 2015 - SFC Energy AG (F3C.DE), a
leading provider of hybrid power solutions to the stationary and mobile
power generation markets, has received an order from an international
defense force for the delivery of SFC Energy's JENNY portable fuel cells
for use by soldiers in multi-day missions. The order is expected to be
delivered in the first quarter of 2016 and has a total value of over EUR
700,000. In addition, the Company has provided the international defense
force with an option to purchase additional units subsequent to the initial
delivery.
Dr. Peter Podesser, CEO of SFC Energy, stated, "We are now gaining traction
in our military and security efforts, largely driven by the previous
success of our fuel cell products operating in the field. In the last
week, we have secured three separate orders from militaries across the
world. This order is the result of many years of excellent cooperation
between the international defense force and SFC Energy. We see a lot of
potential for our products and will continue to further extend our
cooperation with defense organizations worldwide."
All three contracts of the past week as well as the ongoing need of defense
forces for service, stock and spare parts broaden the basis to reach a
level sustainable revenues and profits. A profound change of the
geopolitical situation over the last 12 months drives fundamental demand
for defense and security systems.
The Company believes that its recent defense wins have been driven by the
transition of modern military forces to lightweight portable power
solutions for the devices they carry. Optimum soldier safety and
operability depend upon this reliable availability of power. Conventional
solutions are limited: Batteries alone cannot meet the requirements in
multi-day missions, forcing soldiers to carry large and heavy spare
batteries - weight and volume not available for water, food or ammunition.
Generators require maintenance and produce detectable signatures. Solar
modules are weather dependent. SFC fuel cells are a silent, lightweight and
non-detectable alternative.
The portable JENNY 1200 fuel cell with a nominal power of 50 W builds on
SFC Energy's award winning DMFC (direct methanol fuel cell) technology for
defense and security applications and completes the wide range of SFC
Energy's successful product portfolio with its smaller sister, the JENNY
600S (25 W nominal power). Advantages of the systems are a major reduction
in the number of spare batteries to be carried by individual soldiers, up
to 80% weight reduction in a 72-hour mission, fully automatic and silent
battery recharge, no maintenance required, no detectable heat signature;
and ultimately lower total cost of ownership.
JENNY 1200 uses pure methanol, available in three convenient fuel cartridge
sizes, thus offering market-leading weight savings over fuel cell generator
technologies with a conventional methanol/water blend.
Like all SFC Energy's power generation and distribution products for
defense applications, the JENNY 1200 integrates seamlessly into the
existing SFC defense product family and into all SFC energy networks and
power solutions.
Additional information on SFC Energy and the Company's products for defense
and security applications at www.sfc.com and www.sfc-defense.com.
About SFC Energy Group
SFC Energy AG (www.sfc.com) is a leading provider of hybrid solutions to
the stationary and portable power generation markets. SFC is the number one
supplier of fuel cells, with over 33,000 fuel cells sold to date. The
Company has award-winning products and serves a range of applications in
the Oil & Gas, Security & Industry and Consumer markets. The Company is
headquartered in Brunnthal/Munich, Germany, operates production facilities
in the Netherlands, Romania, and Canada, and sales offices in the U.S and
Canada. SFC Energy AG is listed on the Deutsche Boerse Prime Standard (WKN:
756857 ISIN: DE0007568578).
SFC Energy AG
Investor Relations:
SFC Energy AG
Eugen-Sänger-Ring 7
D-85649 Brunnthal
Tel. +49 89 673 592-378
Fax. +49 89 673 592-169
Email: ir@sfc.com
CROSS ALLIANCE communication GmbH
Susan Hoffmeister
Tel. +49 89 89827227;
Email: sh@crossalliance.de
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04.08.2015 Dissemination of a Corporate News, transmitted by DGAP - a
service of EQS Group AG.
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Language: English
Company: SFC Energy AG
Eugen-Saenger-Ring 7
85649 Brunnthal
Germany
Phone: +49 (89) 673 592 - 100
Fax: +49 (89) 673 592 - 169
E-mail: info@sfc.com
Internet: www.sfc.com
ISIN: DE0007568578
WKN: 756857
Listed: Regulated Market in Frankfurt (Prime Standard); Regulated
Unofficial Market in Berlin, Dusseldorf, Munich, Stuttgart
End of News DGAP News-Service
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383249 04.08.2015
DGAP-News: SFC Energy Receives Initial Order for Portable JENNY 1200 fuel cells from an International Defense Force
| Source: EQS Group AG