SFC Energy and AITC sign U.S. partnership agreement for EFOY Pro fuel cells in off-grid Department of Defense training facilities
SFC Energy has signed a partnership and distribution agreement with Advanced IT Concepts Inc. (AITC), Winter Springs, FL, USA. In the context of the agreement, AITC will sell and service SFC Energy’s EFOY Pro fuel cells as reliable off-grid power source for powering defense equipment in such environments as training facilities, test ranges and other similar applications.
SFC Energy AG announces the integration of its flagship product EFOY Pro fuel cells into RoboguardTM, an innovative autonomous Security Robot developed by Oneberry Technologies in Singapore.
Management confirms sales guidance of EUR 50 to 55 million with significantly improved profitability over 2016. Significant growth in the defense business in the second quarter.
The Management Board of SFC Energy AG with approval of its Supervisory Board, has agreed on a financing concept with Harbert European Growth Capital Fund II (“Harbert”) comprising the issuance of a secured fixed rate bond (Schuldverschreibung) with a nominal amount of EUR 4,997,500.00, the provision of collateral and the issuance of an option bond.
On October 18, 2016, the Management Board of SFC Energy AG had issued an option bond, pursuant to the resolution adopted by the shareholders of SFC Energy AG at their annual meeting on June 14, 2016.
Simark partner 3D-P sells autonomous off-grid communication trailer solutions with EFOY to large end user in Alberta Oilsands
Simark Controls Ltd., a subsidiary of SFC Energy, announces the receipt of an order for fuel cell/solar hybrid EFOY ProTrailer mining communication trailers and EFOY ProCabinets by their wireless network partner 3D-P.
SFC Energy receives German Federal Army order for the extension of their portable MKEV energy supply
SFC Energy AG announces the receipt of an order by the German Federal Army for an extension of the portable MKEV 100 (German: Mobile Kleinstenergieversorgung 100) power supply. The new demonstrator prototype significantly increases energy flexibility and autonomy with an external tank and improved communication functions. The total order amount is EUR 160,000.
Simark Controls Ltd., a subsidiary of SFC Energy, has received a major follow-up order for their proprietary Variable Frequency Drive systems (VFDs) from an Alberta Oil Producer. The order amounts to approx. CAD 1.4 million. This is a new order by the same oil producer who had already placed a CAD 2.0 million order for the same systems earlier this year.
New UK partner ZeroAlpha Solutions successfully trials SFC Energy’s fuel cells with UK Ministry of Defence
SFC Energy announces an exclusive new defense industry sales partnership with ZeroAlpha Solutions Ltd., Cardiff, UK, a leading supplier of networking hardware, software and sustainable power solutions to the UK and European defense and security markets.
PBF Group B.V., Dutch subsidiary of SFC Energy AG, announces the delivery of a first series of power supply prototypes to be used in commercial aircrafts. The delivery builds on a prior development order and has a total value of EUR 0.5 mio. Over the coming months, the customer will qualify the prototype power supplies in the application. Commercialization of the new power supply is expected for 2018.