Advent Technologies enters $13M fuel cell benchmarking project with Airbus

ADVENT TECHNOLOGIES HOLDINGS, INC.

Joint project with Airbus to benchmark Ion Pair MEA for hydrogen fuel cells over two years.
Combined investment of $13 million; Airbus provides funding and aviation expertise.
Advent invests in personnel, materials, hardware, and third-party research centers.
Project aims to accelerate MEA development against aviation requirements and technical limits.
Agreement executed January 19, 2024; work commences concurrently.

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