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.

Earnings data Q4 2020

Earnings data Q1 2021

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Earnings data Q1 2024

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.

BOSTON--(BUSINESS WIRE)--Advent Technologies Holdings, Inc. (NASDAQ: ADN) (“Advent” or the “Company”) today announced that its two Greek Important Projects of Common European Interest (“IPCEI”) have been approved by a joint decision by the Greek Minister of Development and Investments, Mr. Adonis Georgiadis, and the Greek Minister of Environment, Energy, and Climate Change, Mr. Kostas Skrekas. The White Dragon and Green HiPo projects, each of which prominently features Advent's innovative fuel

Advent Technologies Projects White Dragon & Green HiPo (4.65GW Green Hydrogen & 400MW Fuel Cells), approved by Greek Government and submitted to EU

BOSTON--(BUSINESS WIRE)--Advent Technologies Holdings, Inc. (NASDAQ: ADN) (“Advent”) today announced that it had successfully closed its acquisition of Serenergy A/S (“SerEnergy”) and fischer eco solutions GmbH (“FES”), the fuel cell business of the fischer Group. SerEnergy, which operates facilities in Aalborg, Denmark, and in Metro Manila, Philippines, is a leading manufacturer of high-temperature polymer electrolyte membrane (“HT-PEM”) fuel cells globally, with thousands of systems shipped a

Advent Technologies Announces Acquisition of the fischer Group's Fuel Cell Systems Businesses

BOSTON--(BUSINESS WIRE)--Advent Technologies Holdings, Inc. (NASDAQ: ADN) (“Advent” or the “Company”), an innovation-driven leader in the fuel cell and hydrogen technology space, today announced that Warren Brower will be joining the company as Vice President of Business Development to lead business development and sales across North America. Mr. Brower is an experienced leader in the fuel cell industry, known for delivering products to market for Nuvera Fuel Cells and Plug Power, where he serv

Advent Technologies Announces New VP of Business Development, North America

BOSTON--(BUSINESS WIRE)--Advent Technologies Holdings, Inc. (NASDAQ: ADN) (“Advent”) today announced that an article co-authored by a group including Dr. Emory De Castro, Advent Technologies' Chief Technology Officer, has been published in Joule, A Cell Press journal. The article presents the group's perspective on near-, mid-, and long-term targets for proton conductors of heavy-duty fuel cells. In addition to De Castro, the article was led by Craig S. Gittleman, Global Fuel Cell Business at G

Advent Technologies, GM, Toyota, and Los Alamos National Laboratory Highlight the Benefit of High-Temperature PEM Fuel Cells in New Scientific Publication

Advent Technologies Holdings Inc (NASDAQ: ADN) reported second-quarter revenue of $1 million, an increase of 400% year-over-year, missed the consensus of $2.25 million. Revenues increase reflects increased customer demand and the acquisition of UltraCell.

Advent Technologies Shares Slip On Missing Q2 Estimates

Advent Technologies Holdings, Inc. (ADN) CEO Vasilis Gregoriou on Q2 2021 Results - Earnings Call Transcript

BOSTON--(BUSINESS WIRE)--Advent Technologies Holdings, Inc. (NASDAQ: ADN) (“Advent” or the “Company”), an innovation-driven leader in the fuel cell and hydrogen technology space, today announced consolidated financial results for the three months ended June 30, 2021. All amounts are in U.S. dollars unless otherwise noted and have been prepared in accordance with U.S. generally accepted accounting principles (GAAP). Q2 2021 Financial Highlights (all comparisons are to Q2 2020 unless otherwise no

Advent Technologies Reports Q2 2021 Results

BOSTON--(BUSINESS WIRE)--Advent Technologies Holdings, Inc. (NASDAQ: ADN) (“Advent” or the “Company”), an innovation-driven leader in the fuel cell and hydrogen technology space, today announced that it will release its financial results for the second quarter ended June 30, 2021 on Thursday, August 12, 2021 and will host a conference call the same day at 9:00 AM ET to discuss its results. To access the call please dial (833) 952-1516 from the United States, or (236) 714-2129 from outside the U

Advent Technologies Announces Date for Second Quarter 2021 Earnings Call

BOSTON--(BUSINESS WIRE)--Advent Technologies Holdings, Inc. (NASDAQ: ADN) (“Advent” or the “Company”), an innovation-driven leader in the fuel cell and hydrogen technology space, today announced that Dr. Vasilis Gregoriou, Advent Chairman and CEO, will be presenting at the Jefferies Virtual Industrials Conference on Tuesday, August 3, 2021, from 3:00 – 3:25 PM ET. A webcast of the presentation will be available on the Company's Investor Relations page at https://ir.advent.energy/overview/defaul

Advent Technologies Holdings, Inc. to Present at Jefferies Virtual Industrials Conference

BOSTON--(BUSINESS WIRE)--Advent Technologies Holdings, Inc. (NASDAQ: ADN) (“Advent” or the “Company”), an innovation-driven leader in the fuel cell and hydrogen technology space, today announced the launch of the M-ZERØ™ family of products. The Advent M-ZERØ™ products, designed specifically to generate power in remote environments, will offer the ability to drop methane emissions to effectively zero where they replace methane polluting pneumatic injection technology. The overall methane emissio

Advent Technologies Launches M-ZERØ™ Fuel Cells to Significantly Cut Wellhead Methane Emissions

BOSTON--(BUSINESS WIRE)--Advent Technologies Holdings, Inc. (NASDAQ: ADN) (“Advent” or the “Company”) today announced that it has been nominated by the Greek Ministry of Development and Investment to be part of the first wave of Important Projects of Common European Interest (“IPCEI”) on Hydrogen. Advent has also been selected by the Ministry to be the Coordinator of Technology Field 2 dedicated to fuel cells and associated technologies. As part of this process, Advent has been participating in

Advent Technologies is Nominated to be Part of the First Wave of IPCEI Hydrogen

BOSTON--(BUSINESS WIRE)--Advent Technologies Holdings, Inc. (NASDAQ: ADN) (“Advent” or the “Company”), an innovation-driven leader in the fuel cell and hydrogen technology space, today announced that it will take part in the USA Pavilion at DEFEA Defence Exhibition on July 13-15, 2021, at the Metropolitan Expo in Athens, Greece. This high-profile international defense event will bring together leaders in the defense and security industry alongside companies from across the globe to present land

Advent Technologies to Showcase Fuel Cell Products for the Defense Industry at the USA Pavilion at DEFEA Defence Exhibition Athens

BOSTON--(BUSINESS WIRE)--Advent Technologies Holdings, Inc. (NASDAQ: ADN) (“Advent” or the “Company”), an innovation-driven leader in the fuel cell and hydrogen technology space, today announced that Kevin Brackman will be joining the Company as its new Chief Financial Officer. He will report to Advent Chairman and CEO Dr. Vasilis Gregoriou. Mr. Brackman is a highly experienced executive who most recently served as CFO of Myers Industries, a publicly traded corporation with internationally loca

Advent Technologies Announces New Chief Financial Officer

BOSTON--(BUSINESS WIRE)--Advent Technologies Holdings, Inc. (NASDAQ: ADN) (“Advent“) today announced its membership in ITS mobility, the largest competence cluster for intelligent mobility in Germany. The U.S. corporation develops cutting-edge technologies allowing for an “Any Fuel. Anywhere.” option in which Advent's high-temperature fuel cells are not limited to exclusively using hydrogen as a fuel source as they can convert hydrogen carriers and other e-fuels to electricity. Advent plays an

Advent Technologies Announces Membership in German Intelligent Mobility Association

BOSTON--(BUSINESS WIRE)--Advent Technologies Holdings, Inc. (NASDAQ: ADN) ("Advent") today announced that it has entered into a definitive agreement to acquire the fuel cell systems businesses of fischer Group for an aggregate consideration of cash and stock of EUR52 million. These businesses include Serenergy A/S, ("SerEnergy") based in Aalborg, Denmark, and fischer eco solutions GmbH, ("FES") based in Achern, Germany. SerEnergy is a leading manufacturer of high-temperature polymer electrolyte

Advent Technologies Enters Into Definitive Agreement to Acquire the Fuel Cell Systems Businesses of fischer Group

BOSTON--(BUSINESS WIRE)--Advent Technologies Holdings, Inc. (NASDAQ: ADN) (“Advent”) today announced that Advent Chairman and CEO Dr. Vasilis Gregoriou will speak at the European Hydrogen Conference on Wednesday, June 23, 2021. The one-day virtual event is produced by the Energy Council and will feature speakers from across the green energy and oil and gas industries to present an overview of the hydrogen economy and to discuss key next steps in the decarbonization movement. Dr. Gregoriou will

Advent Technologies Chairman and CEO Dr. Vasilis Gregoriou to Address the Energy Council's “European Hydrogen Conference”

BOSTON--(BUSINESS WIRE)--Advent Technologies Holdings, Inc. (NASDAQ: ADN) (“Advent”) today announced that Advent Chairman and CEO Dr. Vasilis Gregoriou will speak at the Edison Open House: Transport Futures event on Wednesday, June 16, 2021. The three-day digital investors event is produced in partnership with the London Stock Exchange, OTC Markets Group, and Influence emobility. The event will feature top, publicly listed companies that are shaping the future of transport. Dr. Gregoriou will d

Advent Technologies Chairman and CEO Dr. Vasilis Gregoriou to Speak at Edison Open House: Transport Futures

BOSTON--(BUSINESS WIRE)--Advent Technologies Holdings, Inc. (NASDAQ: ADN) (“Advent“), an innovation-driven company in the fuel cell and hydrogen technology space, today announced it is set to join the U.S. broad-market Russell 3000® Index at the conclusion of this year's Russell indexes annual reconstitution. The preliminary list of additions was released earlier this month on June 4, 2021, and the final additions will become effective after the U.S. market opens on June 28, 2021. Annual Russel

Advent Technologies Set to Join Russell 3000® Index

BOSTON--(BUSINESS WIRE)--Advent Technologies Holdings, Inc. (NASDAQ: ADN) (“Advent”) today announced that its subsidiary, UltraCell LLC, has received a contract from the U.S. Department of Defense (DoD) to focus on completing the MIL-STD certification of UltraCell's 50 W Reformed Methanol Wearable Fuel Cell Power System (“Honey Badger”). The contract was signed with the U.S. Army DEVCOM Command, Control, Communications, Computers, Cyber, Intelligence, Surveillance and Reconnaissance (C5ISR) Cen

Advent Technologies Signs New Contract with U.S. Department of Defense for Wearable Fuel Cell

BOSTON--(BUSINESS WIRE)--Advent Technologies Holdings, Inc. (NASDAQ: ADN) (“Advent”) today announced that Dr. Vasilis Gregoriou, Advent Chairman and CEO, welcomed the U.S. Ambassador to Greece, Geoffrey R. Pyatt, to the Company's facilities at Patras Science Park. During the Ambassador's visit there was a walking tour of the production areas of Advent Technologies SA at Patras Science Park. The productions areas are: FC Stacks/Hardware R&D and Manufacturing Area This area is a dedicated are

Advent Technologies Welcomes U.S. Ambassador to Greece, Geoffrey R. Pyatt, to the Company's Facilities in Patras, Greece

BOSTON--(BUSINESS WIRE)--Advent Technologies Holdings, Inc. (NASDAQ: ADN) (“Advent”) today reported that bookings and shipments of their materials for redox flow batteries (RFBs) in the first quarter of 2021 rose by 500 percent year-over-year. Advent's materials apply to renewable energy storage and production, including the membrane electrode assemblies used in high temperature fuel cells. Dr. Emory DeCastro, Advent Technologies Chief Technology Officer, commented: “Advent's materials solve cr

Advent Technologies Reports Fivefold Increase in Bookings and Shipments of Materials for Redox Flow Batteries in Q1

BOSTON--(BUSINESS WIRE)--Advent Technologies Holdings, Inc. (NASDAQ: ADN) (“Advent”) today announced consolidated financial results for the three months ended March 31, 2021. All amounts are in U.S. dollars unless otherwise noted and have been prepared in accordance with U.S. generally accepted accounting principles (GAAP). Q1 2021 Financial Highlights (all comparisons are to Q1 2020 unless otherwise noted) Total revenue was $1.49 million, a year-over-year increase of $1.39 million, the result

Advent Technologies Reports Q1 2021 Results

BOSTON--(BUSINESS WIRE)--Advent Technologies Holdings, Inc. (NASDAQ: ADN) (“Advent”), an innovation-driven company in the fuel cell and hydrogen technology space, today announced that it will release its financial results for the first quarter ended March 31, 2021 on Thursday, May 20, 2021 and will host a conference call the same day, Thursday, May 20, 2021, at 9:00 AM ET to discuss its results. To access the call please dial (866) 498-0631 from the United States, or (873) 415-0202 from outside

Advent Technologies Announces Date for First Quarter 2021 Earnings Call

BOSTON--(BUSINESS WIRE)--Advent Technologies Holdings, Inc. (NASDAQ: ADN) (“Advent”), an innovation-driven company in the fuel cell and hydrogen technology space, today announced the achievement of an important milestone in the development of hydrogen technologies. Specifically, on Wednesday, May 5, the national proposal for hydrogen technologies "White Dragon" was submitted by a group of the largest energy companies in Greece. The proposal sets forth a future vision for the entire hydrogen val

Advent Technologies Participates in Major European Hydrogen Project (IPCEI) “White Dragon” Proposal Submission

BOSTON--(BUSINESS WIRE)--Advent Technologies Holdings, Inc. (NASDAQ: ADN) (“Advent”), an innovation-driven company in the fuel cell and hydrogen technology space, today announced that its Chairman and CEO, Dr. Vasilis Gregoriou, will speak at Hydrogen 2021 on Friday, May 21, 2021. The two-day digital conference and exhibition is hosted by Reuters Events and will connect key industry stakeholders with the critical connections they need to expand in the hydrogen market. Dr. Gregoriou will discuss

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