The order is for additional units of EMILY 3000, portable JENNY 600S, and SFC Power Manager 3G. The fuel cell products are used as off-grid power source for additional defense applications in Asia. The total order amount is approx. EUR 1.8 million.
Canadian subsidiary Simark Controls receives CAD 1.2 million follow up order for proprietary Variable Frequency Drive Systems (VFDs)
Oil producer places major follow up order based on the success of Simark’s integrated solutions in their applications. Simark’s VFD systems help the oil producer to significantly reduce costs with unique installation and operation benefits.
Exercise of the convertible bond through HPE Pro Institutional Fund B.V. and two German Family Offices
In December 2017 and January 2018, the conversion right was exercised by HPE PRO Institutional Fund B.V. and two German family offices for a nominal amount of EUR 3,300,000.00.
SFC Energy receives another German Bundeswehr defense order, for vehicle-based and stationary power supplies
SFC Energy AG announces receipt of an order of the Bundeswehr’s Federal Office for Equipment, Information Technologies and Usage (BAAINBw) for supplying off-grid power to devices on board of defense vehicles and to soldiers in the field.
Details on major order of the Bundeswehr’s Federal Office for Equipment, Information Technologies and Usage (BAAINBw), total order amount of EUR 3.6 million, received December 12, 2017
Simark Controls Ltd., a subsidiary of SFC Energy, has received a new EFOY Pro fuel cell order from a new major energy customer: The Canadian oil & gas producer will use the fuel cells to power their off-grid control and monitoring equipment throughout Canada. The order amounts to approx. CAD 0,4 million.
2017 Outlook: Management Board confirms the revenue forecast of €50 million to €55 million with profitability significantly improved over the prior year
The EMILY 3000 fuel cell by SFC Energy AG is the power generator on board of Polaris Defense’s modified MRZR-D4 high mobility tactical vehicle. As demonstrated during the recent DSEI exhibition in London, the MRZR-D4 is an ultra-light tactical vehicle developed by Polaris Defense for the demanding mobility needs of international special operations, expeditionary and light infantry forces in off-road missions and emerging threats.
SFC Energy receives fuel cell order from Russian partner Stabcom Energy for powering off-grid emergency cabins
SFC Energy AG has received a fuel cell order by Russian partner Stabcom Energy. In hybrid operation with solar, SFC Energy’s EFOY Pro fuel cells will deliver power to telecommunication and emergency cabins along the 311 km Kolyma federal highway from Magadan to Yakutsk in the Far East of Russia.
In this year’s Minitransat regatta over 50 % of the registered boats have a fuel cell on board: 45 of the 84 registered boats use the popular power generator for providing environmentally friendly power to critical communication and navigation equipment and other devices on board, on demand and without any user intervention.