SFC Energy Announces EUR 1.3 Million Military Order by German Bundeswehr for Vehicle-Based and Stationary Power Supplies
SFC Energy AG / Key word(s): Miscellaneous SFC Energy AG - Corporate News SFC Energy Announces EUR 1.3 Million Military Order by German Bundeswehr for Vehicle-Based and Stationary Power Supplies - German Bundeswehr purchases EMILY fuel cell systems, order amount EUR 1.3 mio to be recorded as revenue in the Company's current third quarter of 2015 - Purchase is a follow up order for the EMILY fuel cell, which was approved for use in December 2011 and has since been successfully used by German Bundeswehr Brunnthal/Munich, Germany, July 31, 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 by German Bundeswehr for fuel cells to power devices on military vehicles and for soldiers in the field. The order represents repeat business for SFC following the successful deployment of the EMILY fuel cell by the German Bundeswehr (German National Defense) in December 2011. At the time, the EMILY was also assigned a NATO stock number (NSN), and as of this date is the only fuel cell in Germany to have achieved this level of standardization. The order amounts to approx. EUR 1.3 million and was recorded as revenue in the Company's current third quarter of 2015. Management Commentary EMILY was specifically developed to meet the demanding requirements in defense applications, and fully complies with military standards. The automatic, silent, environmentally friendly generator provides reliable power to electric and electronic devices on board of defense vehicles, in the field and as a battery charger, anywhere, anytime. The fuel used, methanol, features a high energy density of approx. 1.400 Wh/kg, which is 50 times higher than that of a lead battery (only approx. 30 Wh/kg). Methanol, which is approved by the German Bundeswehr and also carries a NATO stock number (NSN), is safe and available at German Bundeswehr depots. When installed in military vehicles, the EMILY is connected to the vehicle battery, providing automatic power with virtually no emissions, and with very low noise signature. The technology has made the mounting and dismounting of heavy, loud Diesel generators obsolete. At a weight of only 12 kg/27 lbs, fuel cells can also conveniently be used to provide power to mobile command posts or as a field charger. Deployed off the vehicle, EMILY will power almost any electric device (up to 100 W average load) via the SFC Power Manager. In addition to EMILY, SFC Energy offers a successful portfolio of portable, mobile, stationary, and vehicle based fuel cells for defense applications, among them the SFC Energy Network and the portable JENNY fuel cell. SFC fuel cells are currently in field use in several big NATO defense organizations around the world. Additional information on EMILY, the portable JENNY fuel cell and the full portfolio of SFC power generators for defense applications at www.sfc.com. About SFC Energy Group SFC Energy AG CROSS ALLIANCE communication GmbH 2015-07-31 Dissemination of a Corporate News, transmitted by DGAP - a service of EQS Group AG. The issuer is solely responsible for the content of this announcement. The DGAP Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases. Media archive at www.dgap-medientreff.de and www.dgap.de |
382519 2015-07-31 |