Advent Technologies Holdings Inc. (ADN) on Thursday announced that it has entered into a license and joint development agreement with EH Group Engineering AG.
Under the deal, EH Group has granted Advent a field-specific license to its high-temperature proton exchange membrane or HTPEM fuel cell technology.
The companies will work together to integrate their technologies and develop advanced fuel cell solutions.
The partnership will focus on stationary power uses such as backup power for data centers, telecom infrastructure, and microgrids.
On Thursday, Advent Technologies closed trading 1.35% lesser at $0.3650 on the OTC.
For comments and feedback contact: editorial@rttnews.com
Business News
May 15, 2026 15:25 ET Apart from the confirmation of Kevin Warsh as the next Fed chair, the main news on the economics front this week included key price data from the U.S. and the first quarter economic growth figures from major economies. Both consumer prices and producer costs have started to reflect the effect of supply shocks due to the Middle East conflict. In Europe, GDP data was in focus, while inflation data from China dominated the news flow in Asia.