---
schema_version: "secwatch.filing_event.v1"
accession: "0001829126-24-003613"
form_type: "8-K"
ticker: "ADNH"
cik: "0001744494"
company_name: "ADVENT TECHNOLOGIES HOLDINGS, INC."
filed_at: "2024-05-22T23:59:59+00:00"
generated_at: "2026-06-01T09:47:49.598165+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.6
calibrated_materiality_score: 0.6
confidence: "medium"
source: SEC EDGAR
---

# Advent Technologies targets $13M revenue in 2024, aims for break-even by end 2025

## Summary
- 2024 revenue target $13M ($11M revenue+$2M grants); goal to break even by end 2025.
- Cost reduction target of $24M for 2024, down ~50% from previous year.
- Government funding: $42M in 22 programs ($16M contracted, $26M pending).
- New Ion Pair MEA triples lifespan, doubles power density; new MEA in 2025 to cut cost.
- 730k+ operational hours; partnerships with Hyundai, Airbus, Siemens Energy, US Army.

## SEC filing metadata
- accession: 0001829126-24-003613
- form_type: 8-K
- ticker: ADNH
- cik: 0001744494
- company_name: ADVENT TECHNOLOGIES HOLDINGS, INC.
- filed_at: 2024-05-22T23:59:59+00:00
- event_type: other_material
- sentiment: neutral
- materiality_score: 0.6
- calibrated_materiality_score: 0.6
- confidence: medium
- sec_items: 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1744494/000182912624003613/0001829126-24-003613-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1744494/000182912624003613/adventtechnologies_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001829126-24-003613
- JSON: https://secwatch.observer/filing/0001829126-24-003613.json
- Plain text: https://secwatch.observer/filing/0001829126-24-003613.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.