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Advent Technologies
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Short description

Designer, developer and producer of polymers, membranes and MEAs for High Temperature PEM fuel cells

Founded in 2006
Founded in

Company type Public Public (ADN)
Company type

Industry Group materials & chemicals

Sector advanced energy materials

TRL Range 4-6
TRL 1 Basic research
TRL 2 Technology formulation
TRL 3 Applied research
TRL 4 Small scale prototype
TRL 5 Large scale prototype
TRL 6 Prototype system
TRL 7 Demonstration system
TRL 8 First of a kind commercial system
TRL 9 Full commercial application
TRL Range

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Headquarters East Hartford, CT East Hartford, United States
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Updated by at on 03/14/2024

Edited by Cleantech Group on 09/17/2024

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Date Company
12/14/2023

US Department of Defense US Department of Defense

Advent won a $2.8M contract to develop a manufacturing processes to enable a substantial increase in the production capacity while maintaining the quality of the HB50 system.

Confirmed by US Department of Defense
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Date Partner Type
03/05/2024
Siemens Siemens
Project RiverCell will develop a maritime fuel cell system resulting in an auxiliary power unit with a total capacity exceeding 500kW. The project is in partnership with MEYER NEPTUN Engineering GmbH, Siemens Energy Global GmbH & Co. KG, Lloyd’s Register EMEA Niederlassung Deutschland and Hochschule Wismar Bereich Seefahrt, Anlagentechnik und Logistik.
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Confirmed by Siemens
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IPO INFORMATION

Date

02/05/2021

IPO status

Listed

IPO Type

SPAC

Amount

Initial shares

Ticker symbol

ADN

Exchange listed

NASDAQ

Prospectus URL

Prospectus

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Description

Advent Technologies and AMCI have merged to form a public fuel cell technology company. The combined company will operate as Advent Technologies Holdings and its common stock will be listed on the Nasdaq.

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Date Investors Type Amount
12/03/2024 (0)
Post-money valuation of
Funding will be used for the H2VE project to co-create a hub of CoVEs in the Hydrogen Valley sector focused on hydrogen education. Investor undisclosed.
 Grant $121,301
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