SFC Energy: Dutch subsidiary PBF Group B.V. receives Power Electronics Development Order for Aviation Applications

DGAP-News: SFC Energy AG / Key word(s): Miscellaneous

2016-04-13 / 07:30
The issuer is solely responsible for the content of this announcement.


SFC Energy AG - Press Release

SFC Energy: Dutch subsidiary PBF Group B.V. receives Power Electronics Development Order for Aviation Applications

- PBF will design high quality power supplies to ensure safe and reliable operation of galley systems used on board of commercial airplanes.

- Development order amount: EUR 135,000. After production qualification, annual revenue of up to EUR 1 million expected for 2017.

Brunnthal/Munich, Germany, April, 13, 2016 - SFC Energy AG (F3C:DE, ISIN: DE0007568578), a leading provider of hybrid power solutions to the stationary and mobile power generation markets, announces the receipt of a design order of their Dutch subsidiary PBF Group B.V. for the development of a power supply to be used in commercial aircrafts. The development order amounts to EUR 135,000, after production qualification PBF expects annual revenues of up to EUR 1 million for the power supplies from 2017 onwards.

In the framework of the agreement PBF will design exclusive, customized power supply solutions for galley systems operated on board of commercial airplanes. Galley systems are used to store, prepare and serve food and beverages on board. The power supply solutions will ensure safe, reliable and highly efficient in-flight operation of the devices.

"We have an excellent track record in the design and production of innovative power supply solutions for demanding, mission-critical applications. e.g. in submarines or fighter planes", says Hans Pol, CSO of SFC Energy. "This expertise combined with our proven high tech expertise in the design of high end power supplies for very sensitive applications helped us to win this important design order. With our fast, efficient production capacities in Europe we are well positioned for developing our design project into a long term design production partnership."

Additional information on SFC Energy, PBF, and SFC Group's portfolio of power electronics and power generation products at www.sfc.com and www.pbfgroup.nl.

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 35,000 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 Press Contact:
Ulrike Schramm
SFC Energy AG
Eugen-Sänger-Ring 7
D-85649 Brunnthal
Tel. +49 89 673 592-377
Fax. +49 89 673 592-169
Email: [email protected]



2016-04-13 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.

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