Advent Technologies Holdings

Advent Technologies Holdings, Inc. operates as an advanced materials and technology development company. It develops, manufactures and assembles hydrogen fuel cell components. The company was founded on June 18, 2018 and is headquartered in Boston, MA.

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Advent Technologies reports Q4 revenue, focuses on fuel cell tech

Advent Technologies is navigating financial challenges while advancing its High-Temperature PEM fuel cell technology with a focus on efficiency and cost competitiveness.
The company's collaborations with key industry players and operational restructuring efforts position it for future growth and market penetration.
Opportunities for Advent include securing additional capital, focusing on MEA innovation, and leveraging strategic partnerships for technology commercialization.

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Advent Technologies Holdings, Inc. operates as an advanced materials and technology development company. It develops, manufactures and assembles hydrogen fuel cell components. The company was founded on June 18, 2018 and is headquartered in Livermore, CA.

LIVERMORE, Calif., Dec. 19, 2024 (GLOBE NEWSWIRE) -- Advent Technologies Holdings, Inc. (NASDAQ: ADN) ("Advent "or the "Company"), an innovation-driven leader in the fuel cell and hydrogen technology space, is pleased to support the Wounded Warrior Project as a corporate supporter to help warriors and their families on their journeys to recovery.

Advent Technologies Proudly Supports the Wounded Warrior Project

LIVERMORE, Calif., Dec. 03, 2024 (GLOBE NEWSWIRE) -- Advent Technologies Holdings, Inc. (NASDAQ: ADN) ("Advent" or the "Company"), an innovation-driven leader in the fuel cell and hydrogen technology space, is pleased to announce that its H2VE proposal has passed the evaluation process. Advent's technical team of Anastasia Koutsomitopoulou, Olga Bereketidou, and Nora Gourdoupi made this achievement possible. This grant of €115,437 will be used towards summer school programs, study visits, presentations, workshops, and networking events in the Western Macedonia Region. The program will last 48 months and was submitted under the call, ERASMUS-EDU-2024-PEX-COVE (Centres of Vocational Excellence).

Advent Technologies Awarded Grant for H2VE Proposal

ATHENS, Greece, Nov. 15, 2024 (GLOBE NEWSWIRE) -- Advent Technologies Holdings, Inc. (NASDAQ: ADN) ("Advent "or the "Company"), is pleased to announce that George Paloumpis has rejoined the Company as the Chief of Operations in Patras, Greece. Prior to this, Mr. Paloumpis was the Director of Manufacturing.

George Paloumpis Rejoins Advent Technologies as Chief of Operations of its Patras Facility

ATHENS, Greece, Nov. 06, 2024 (GLOBE NEWSWIRE) -- Advanced Energy Technologies S.A., a wholly-owned subsidiary of Advent Technologies Holdings, Inc. (NASDAQ: ADN) announced today that it has installed three new members to its Board of Directors. The new directors are Mr. Konstantinos Ferderigos, Mr. Dimosthenis Dimopoulos, and Mr. Vasilis Bournas.

Advent Technologies' Greek subsidiary, Advanced Energy Technologies S.A. announces changes to its Board of Directors

LIVERMORE, Calif., Nov. 04, 2024 (GLOBE NEWSWIRE) -- Advent Technologies Holdings, Inc. (NASDAQ: ADN) ("Advent "or the "Company"), an innovation-driven leader in the fuel cell and hydrogen technology space, is pleased to further announce that the RHyno Project initiated by its Greek subsidiary, Advanced Energy Technologies, SA was approved for the full amount of its requested grant in the amount of €34.5 million by the EU Innovation Fund. The dedicated efforts of Nora Gourdoupi, Olga Bereketidou, and Anastasia Koustomitopoulou, made this achievement possible. Advent will now prepare the grant agreement per the instructions provided to it by the European Climate, Infrastructure and Environment Executive Agency (CINEA).

Advent Technologies' RHyno Project awarded €34.5 Million by EU Innovation Fund

LIVERMORE, Calif., Oct. 31, 2024 (GLOBE NEWSWIRE) -- Advent Technologies Holdings, Inc. (NASDAQ: ADN) ("Advent "or the "Company"), an innovation-driven leader in the fuel cell and hydrogen technology space, is pleased to announce that its Greek subsidiary, Advanced Energy Technologies SA, has been awarded a grant from the EU Innovation Fund and invited to prepare the grant agreement. Further details about the grant and its conditions will be provided by the Company soon. Grant agreements are expected to be signed in the first quarter of 2025.

Advent Technologies' Greek Subsidiary Awarded Grant from EU Innovation Fund for RHyno Project

LIVERMORE, Calif., Oct. 30, 2024 (GLOBE NEWSWIRE) -- Advent Technologies Holdings, Inc. (NASDAQ: ADN) ("Advent "or the "Company"), an innovation-driven leader in the fuel cell and hydrogen technology space, is pleased to announce changes to its board and C-suite by removing Chairman and Chief Executive Officer, Vasilis Gregoriou and Chief Strategy Officer, Chris Kaskavelis. Gary Herman, an experienced turnaround executive has been appointed as Interim CEO.

Advent Technologies Announces Management and Board Changes

LIVERMORE, Calif.--(BUSINESS WIRE)--Advent Technologies Holdings, Inc. (NASDAQ: ADN) ("Advent "or the "Company"), an innovation-driven leader in the fuel cell and hydrogen technology space, is pleased to announce significant performance breakthroughs for its Membrane Electrode Assembly ("Advent MEA G2") technology. The Advent MEA G2 technology has already been provided for testing to select strategic partners, in the automotive and aerospace industries. It is being developed within the framewor.

Advent Technologies Announces Breakthroughs in Membrane Electrode Assembly Technology

Operational Highlights Started work on the Joint Project with Airbus to benchmark HT-PEM fuel cell MEAs in aviation. Continued work with the U.S. Department of Defense on two previously awarded contracts for portable power systems.

Advent Technologies Reports Q1 2024 Results

LIVERMORE, Calif.--(BUSINESS WIRE)--Advent Technologies Holdings, Inc. (NASDAQ: ADN), an innovation-driven leader in the fuel cell and hydrogen technology sectors, today announced that it has received a letter from the Listing Qualifications Department of the Nasdaq Stock Market ("Nasdaq") confirming that the Company has rectified its previous deficiency related to the filing of its annual report on Form 10-K on August 13, 2024. The letter also informed Advent Technologies that it remains nonco.

Advent Technologies Receives Nasdaq Notification Regarding Compliance with Listing Requirements and Appoints Three New Directors

Advent Technologies Holdings, Inc. (NASDAQ:ADN ) Q4 2023 Earnings Call Transcript August 20, 2024 9:00 AM ET Company Participants Vasilis Gregoriou - Chairman, CEO, and Acting CFO Operator Good morning, everyone. I will be your conference operator today.

Advent Technologies Holdings, Inc. (ADN) Q4 2023 Earnings Call Transcript

LIVERMORE, Calif.--(BUSINESS WIRE)--Advent Technologies Holdings, Inc. (NASDAQ: ADN) (“Advent” or the “Company”), an innovation-driven leader in the fuel cell and hydrogen technology space, announced on Tuesday, August 13, 2024 its consolidated financial results for the three months and year ended December 31, 2023. All amounts are in U.S. dollars unless otherwise noted and have been prepared in accordance with U.S. generally accepted accounting principles (“GAAP”). Q4 2023 Financial Highlights.

Advent Technologies Reports Q4 2023 Results

LIVERMORE, Calif.--(BUSINESS WIRE)--Advent Technologies Holdings, Inc. (NASDAQ: ADN), an innovation-driven leader in the fuel cell and hydrogen technology sectors, today announced that it will host a conference call on Tuesday, August 20, 2024 at 9:00 AM ET to discuss its fourth quarter and fiscal 2023 financial results. A press release containing these results will be issued before the call. To access the call please dial (800) 715-9871 from the United States, or +1 (646) 307-1963 from outside.

Advent Technologies Announces Date for Fourth Quarter and Fiscal 2023 Earnings Call

LIVERMORE, Calif.--(BUSINESS WIRE)--Advent Technologies Holdings, Inc. (NASDAQ: ADN), an innovation-driven leader in the fuel cell and hydrogen technology sectors, today announced that the Company entered into a Securities Purchase Agreement, with an institutional investor pursuant to which the Investor will lend the Company $1,000,000. The Investor has also agreed to provide the Company with a one-year revolving line of credit for $2,000,000 upon the Company's filing of a Registration Statemen.

Advent Technologies Reaches Agreement for up to $3 Million in Debt from Institutional Investor

LIVERMORE, Calif.--(BUSINESS WIRE)--Advent Technologies Holdings, Inc. (NASDAQ: ADN), an innovation-driven leader in the fuel cell and hydrogen technology sectors, today announced updates on its plan for streamlining operations post acquisitions. As part of the operational plan announced earlier this year in the investor presentation (https://ir.advent.energy/notices-and-presentations/default.aspx), Advent intends to: reduce operational and facility expenses for 2024, with a target of total cos.

Advent Technologies Update on Streamlining Operations

BOSTON--(BUSINESS WIRE)--Advent Technologies Holdings, Inc. (Nasdaq: ADN) announced today that, as expected, it received a notice from Nasdaq on May 24, 2024, notifying the Company that it is not in compliance with the periodic filing requirements for continued listing set forth in Nasdaq Listing Rule 5250(c)(1) because the Company's Quarterly Report on Form 10-Q for the period ended March 31, 2024 (“First Quarter 10-Q”) was not filed with the Securities and Exchange Commission (the “SEC”) by t.

Advent Technologies Holdings Receives Nasdaq Notice on Late Filing of its Form 10-Q

Energy Vault Holdings

SACRAMENTO, Calif.--(BUSINESS WIRE)-- #agencyacquisition--Inszone Insurance Services, a rapidly growing national provider of commercial, personal, and benefits insurance, proudly announces its 15th acquisition in the state of Texas with the successful integration of Brazos Valley Insurance Agency. This strategic move further solidifies Inszone's commitment to enhancing its presence in the Texas market and marks another significant milestone in the company's ongoing expansion. Brazos Valley Insurance Agency was esta.

Inszone Insurance Services Marks 15th Acquisition in Texas with Addition of Brazos Valley Insurance Agency

BOSTON--(BUSINESS WIRE)--Advent Technologies Holdings, Inc. (Nasdaq: ADN) (“Advent” or the “Company”) announced today that it will file a Certificate of Amendment to its Second Amended and Restated Certificate of Incorporation with the Secretary of State of Delaware after the close of business on Monday, May 13, 2024 to effectuate its previously announced 1-for-30 reverse stock split of its issued and outstanding common stock (the “Reverse Split”). The Company expects its common stock and publi.

Advent Technologies Holdings Announces Effective Date of Reverse Stock Split

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BOSTON--(BUSINESS WIRE)--Advent Technologies Holdings, Inc. (Nasdaq: ADN) (“Advent” or the “Company”) announced today that it will move forward with a 1-for-30 reverse stock split of its issued and outstanding common stock. The Company expects its common stock to begin trading on a split-adjusted basis on the Nasdaq Capital Market (“Nasdaq”) with the opening of trading at a date to be determined by the Company's Board of Directors. The reverse stock split was approved on April 30, 2024 by Adven.

Advent Technologies Holdings Approves Reverse Stock Split

BOSTON--(BUSINESS WIRE)--Advent Technologies Holdings, Inc. (Nasdaq: ADN) announced today that, as expected, it received a notice from Nasdaq on April 17, 2024, notifying the Company that it is not in compliance with the periodic filing requirements for continued listing set forth in Nasdaq Listing Rule 5250(c)(1) because the Company's Annual Report on Form 10-K for the year ended December 31, 2023 (“Fiscal Year 2023 10-K”) was not filed with the Securities and Exchange Commission (the “SEC”) b.

Advent Technologies Holdings Receives Nasdaq Notice on Late Filing of its Form 10-K

BOSTON--(BUSINESS WIRE)--Advent Technologies Holdings, Inc., an innovation-driven leader in the fuel cell and hydrogen technology sectors, is pleased to announce that its wholly owned subsidiary, Advent Technologies A/S (“Advent”), has signed a Joint Development Agreement (“JDA”) with Siemens Energy, one of the world's leading energy technology companies. The newly signed JDA outlines the collaboration between Advent and Siemens Energy, combining Advent's HT-PEM fuel cell 50kW modules utilizing.

Advent Technologies Signs Strategic Joint Development Agreement with Siemens Energy to Expedite the Decarbonization of the Maritime Sector

BOSTON--(BUSINESS WIRE)--Advent Technologies Holdings, Inc. (NASDAQ: ADN), an innovation-driven leader in the fuel cell and hydrogen technology space (the “Company” or “Advent”), is pleased to announce that its subsidiary, Advent Technologies A/S, has received approval for funding for its latest research and development project, RiverCell 3. This project aims to develop a maritime fuel cell system resulting in an auxiliary power unit with a total capacity exceeding 500kW. This will be accomplis.

Advent Technologies Participates in $12.4 Million Project to Reduce GHG Emissions in the Maritime Sector

BOSTON--(BUSINESS WIRE)--Advent Technologies, an innovation-driven leader in the fuel cell and hydrogen technology sectors, is pleased to announce that its wholly owned subsidiary, Advanced Energy Technologies S.A., has received the formal invitation from the Greek Ministry of Economy and Finance to immediately submit the requested documentation for its Green HiPo Important Project of Common European Interest (“IPCEI”) project. After Advent submits the requested documentation, the Greek Ministr.

Advent Technologies Receives Formal Invitation from Greek State for €24 Million Grant for the Green HiPo IPCEI Project

BOSTON--(BUSINESS WIRE)--Advent Technologies Holdings, Inc. (NASDAQ: ADN), an innovation-driven leader in the fuel cell and hydrogen technology space, announced today the appointment of Naiem Hussain as its new Chief Financial Officer pending the completion of the company's hiring protocols. Formerly serving as Advent's Chief Investment Officer, Mr. Hussain brings extensive expertise in corporate finance, with a focus on IPOs, fundraisings, and mergers and acquisitions within the energy technol.

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