PBF Group B.V. announces the receipt of a power supply order from a new major customer. This industrial customer has ordered the development of fully integrated power supply systems for the operation of mission critical networks for urban rail systems. Starting 2018, the Company expects annual product sales revenues between EUR 0.5 and 1 million from this new power supply.
Simark Controls Ltd., a subsidiary of SFC Energy, leading provider of hybrid power solutions to the stationary and mobile power generation markets, has received major orders for their proprietary Variable Frequency Drive systems (VFDs) from a new customer in the Alberta oil sands. The orders amount to approx. CAD 1.25 million.
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.
Congratulations to Mikael Ryking and his co-skipper Irina Gracheva for their great achievement. The two monohull sailors sailed within 13 days, 5 hours and 19 minutes from Bermuda to Plymouth (2870 miles) with the EFOY COMFORT on board. World record!
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.
PBF Group B.V. receives prototype order for fully integrated power supply system for high tech laser systems
PBF Group B.V. announces the receipt of a prototype order from their partner Schulz-Electronic GmbH, Baden-Baden, Germany: An international laser tool producer has ordered fully integrated laser power supply systems for the direct operation of diode pumped fiber lasers used in metal working.