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Proton Motor Power ORD 0.5P (PPS)

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23-Jun-2020 09:04 AM

Proton Motor Power Systems reports loss as sales slip

Fuel cell developer Proton Motor Power Systems booked a full-year loss, as its sales fell, though it said its outlook was looking brighter. Pre-tax losses for the year through December amounted to £192k, compared to losses of £29k on-year. Sa
29-May-2018 01:11 PM

Proton Power Systems losses narrow as costs fall

Fuel-cell developer Proton Power Systems said its annual losses narrowed after a fall in revenue was offset by lower sales costs. Pre-tax losses amounted to £13.7m, compared to £19.5m of red ink in 2016, when the company also incurred a large
28-Sep-2017 08:37 AM

Proton Power narrows operating loss

Proton Power Systems, a designer, developer and producer of fuel cells and fuel cell electric hybrid systems, narrowed its operating loss from £3.2 million to £2.5 million in the first half, in line with expectations. Sales grew from £3
20-Jun-2017 01:36 PM

Proton Power issues shares

Proton Power Systems has announced that the Company issued 176,396 ordinary shares to Non-Executive Director Achim Loecher, in lieu of fees. At 1:36pm: (LON:PPS) Proton Power Systems PLC share price was 0p at 3p Story provided by
31-May-2017 03:05 PM

Proton Power Systems losses widen

Proton Power Systems has reported an operating loss for the year to 31 December 2016 of £7,582k, representing an increase of 42% on the previous year. It said this increase was due to further investment in its manufacturing and development capabili
23-May-2016 07:36 AM

PPS wins 'Surf and Turf' project order

Proton Power Systems has received an order for a 75kVA containerized fuel cell stationary power system for the Orkney Islands "Surf and Turf" project. Proton will provide a 75kVA containerized fuel cell stationary power system for a total cont
29-Apr-2016 07:53 AM

Proton's order

Proton Power Systems has received a significant order for Fuel Cell Emergency Power Units from a blue chip German customer. The total order value is 1.8m euros for a number of systems which are all expected to be delivered and installed during 2016. Fur
20-Jul-2015 09:24 AM

Proton Power Systems inks deal with Bahnbau Gruppe

Proton Power Systems (PPS) has signed a co-operation agreement with DB Bahnbau Gruppe GmbH, the service company of German Rail. Bahnbau will sell and install Proton's containerised fuel cell systems as UPS applications to DB and third party customers
20-Jan-2015 07:45 AM

Proton Power Systems sees FY turnover at 1.7m euros

Proton Power Systems said unaudited turnover for the year to 31 December 2014 was 1.7 million euros with operating costs that are not expected to exceed 7.5 million euros. "Management is working on several projects in Europe and Asia and sees great
15-Dec-2014 02:34 PM

Proton Power agrees �?¬10m loan

Proton Power Systems has agreed the terms of a �?¬10m with Falih Nahab. The loan is repayable in three years, pays an interest of 10 per cent. per annum and the interest, but not the principal, on the loan is payable in new Proton Power ordinary shar
13-Jun-2014 07:38 AM

Proton Power Systems' chairman John Wall dies

Proton Power Systems, the designer, developer and producer of fuel cells and fuel cell electric hybrid systems, regrets to announce the death of John Wall, Chairman of the Company. Story provided by
04-Jun-2014 01:09 PM

Proton Power resolutions passes at AGM

Proton Power Systems, the designer, developer and producer of fuel cells and fuel cell electric hybrid systems,has confirmed that all resolutions proposed at its annual general meeting on 4 June were duly passed. At 1:09pm: (LON:PPS) Proton Power Sys
06-May-2014 07:43 AM

Proton Power Systems widens FY pretax loss

Proton Power Systems widened its FY pretax loss to £9.3m, from a loss of £4.2m. Revenue was £1.1m, from £0.9m. Cost of sales totalled £4.7m, from £3.4m. "The group now has a complete portfolio of solutions and products and is ready for roll ou
23-Jan-2014 08:18 AM

Proton Power contracted for fuel cell feasibility study

Proton Power has been contracted to undertake a feasibility study for a maritime fuel cell application from an Asia Pacific-based customer. The contract value is 297,000 euros. The study is aimed at generating on board power and will be finalised by Sep
07-Oct-2013 10:37 AM

Proton unveils new solar battery system

Proton Power Systems (AIM:PPS) has announced that its subsidiary, SPower, has launched a new product for solar battery storage systems. The first model, SPBS3000, is a small battery storage system which is connected with a solar module system. It allows
16-Sep-2013 07:51 AM

Proton Power subsidiary wins 0.9m eur Siemens deal

Proton Power Systems subsidiary SPower has won a project for UPS systems with batteries worth 0.9m euros with Siemens AG, to be delivered over the next 10 months. The UPS systems will be used to secure power supply for healthcare equipment in hospitals.
14-May-2013 07:47 AM

Proton Power Systems FY loss £4.2m, from loss £1.6m

Proton Power Systems posted a full-year loss of £4.2 million, from a loss of £1.6 million a year earlier. During the period, turnover rose 5% to £0.92 million, from £0.87 million. "We continue to make progress in our core business segments,"
11-Feb-2013 07:33 AM

Proton Power Systems acquires Germany's SPower

Hydrogen cell producer Proton Power Systems said it has agreed to acquire Germany's SPower Holding for a nominal sum of 5 euros. It planned to merge SPower with its subsidiary, Proton Motor Fuel Cell, the brand under which the enlarged business woul
28-Nov-2012 12:09 PM

Proton Power Systems agrees 5.6m euro loan with Roundstone

Proton Power Systems said it has agreed a 5.6 million euros loan with substantial shareholder Roundstone Properties, and noted that the City Code on takeovers and mergers did not apply. The loan is repayable on 30 October 2015. It has return of 10% a yea
06-Aug-2012 09:27 AM

Proton Power sets up partnership with Modl

Proton Power (AIM:PPS) has announced that its subsidiary, Proton Motor Fuel Cell, has signed a cooperation agreement with Modl to address the need for interruption-free and energy efficient storage for the stationary power supply market. This is particul
01-Jun-2012 09:29 AM

Proton Power makes £1.59m loss for year

Proton Power reports that turnover for the year increased by 22% to £875,000 mainly as a result of funded projects started in April 2010. The loss for the year was £1,592,000 and was in line with management expectations. The Group secured new funding
24-Nov-2011 09:12 AM

Proton Power wins service contract with ATG

Proton Power Systems a producer of fuel cells has been awarded a service contract from the Hamburg-based tourist ferry operator ATG Alster-Touristik GmbH , which operates within its fleet the world's first Hydrogen powered ferry boat, the 'Alste
03-Jun-2011 09:00 AM

Losses at Proton reduced as turnover jumps

Turnover increased by 273% to £718,000 at Proton Power Systems, the designer, developer and producer of fuel cells and fuel cell electric hybrid systems, in the year ended 31 December 2010. It secured €6,480,000 of new funding from convertible loans
02-Mar-2011 10:07 AM

Proton Power CEO quits

Fuels cells developer Proton Power Systems plc said its CEO Christian Meyne has resigned to pursue his other business interests. Current non-executive director Faiz Francois Nahab has taken the role previously held by Meyne of CEO of Proton Motor Fuel Ce
01-Dec-2010 12:06 PM

Proton Power CEO Thomas Melczer moves to new role

Fuel cells and hybrid systems developer Proton Power Systems plc said its CEO Thomas Melczer would now move roles to focus on business development and investor relations, remaining a board director. Chief operating officer Christian Meyne has taken over

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