Advent Technologies Holdings, Inc., an advanced materials and technology development company, operates in the fuel cell and hydrogen technology markets. It develops, manufactures, and assembles the critical components that determine the performance of hydrogen fuel cells and other energy systems. The company offers HT-PEM (high-temperature proton exchange membrane) fuel cells, HT-PEM based membrane electrode assemblies, flow battery membranes, organic photovoltaics, and ultracells. It serves stationary power, portable power, automotive, aviation, energy storage, and sensor markets. The company was founded in 2006 and is headquartered in Boston, Massachusetts.
IPO Year: 2018
Exchange: NASDAQ
Website: advent.energy
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8-K - ADVENT TECHNOLOGIES HOLDINGS, INC. (0001744494) (Filer)
8-K - ADVENT TECHNOLOGIES HOLDINGS, INC. (0001744494) (Filer)
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Goldman downgraded Advent Technologies from Buy to Neutral and set a new price target of $20.00
Jefferies initiated coverage of Advent Technologies with a rating of Buy and set a new price target of $18.00
Credit Suisse reiterated coverage of Acadian Timber with a rating of Underperform and set a new price target of $18.00 from $16.00 previously
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ATHENS, Greece, Sept. 02, 2025 (GLOBE NEWSWIRE) -- Advent Technologies Holdings, Inc. (NASDAQ:ADN), an innovation-driven leader in the fuel cell and hydrogen technology space, announce today that its wholly owned Greek subsidiary, Advanced Energy Technologies S.A. has submitted five (5) required deliverables to the European Climate, Infrastructure and Environment Executive Agency (CINEA) -since April 1st 2025 when the RHyno Project officially commenced- and is preparing to submit the first Progress Report in September, covering the initial six months of the €34.5 million RHyno Project. Dr. Nora Gourdoupi, PhD, Advent's Senior Vice President for Business Development stated: "At present, Ad
LIVERMORE, Calif., Aug. 27, 2025 (GLOBE NEWSWIRE) -- Advent Technologies Holdings, Inc. (NASDAQ:ADN), an innovation-driven leader in fuel cells and hydrogen technologies, is pleased to announce that it has engaged Fata Advisory, LLC to support the Company's strategic outreach and business development with key U.S. government, commercial, and potential foreign customers in deploying Advent's power generation products for the aerospace, defense, and commercial markets. The firm's founder and principal, Daniel Fata, has more than 30 years of experience working in the Department of Defense, Congress, as well as the U.S. and international aerospace and defense industries including Lockheed Mar
LIVERMORE, Calif., Aug. 26, 2025 (GLOBE NEWSWIRE) -- Advent Technologies Holdings, Inc. (NASDAQ:ADN), an innovation-driven leader in fuel cells and hydrogen technologies, is pursuing new initiatives in the space sector with the European Space Agency (ESA) and other major agencies and private companies. Advent's proven high temperature proton exchange membrane (HT-PEM) technology is the perfect solution for the power requirements in the space sector when batteries alone are insufficient. Gary Herman, the CEO of Advent stated, "As we set our sights on space, Advent's technology has a role to play in extending man's reach. We believe that our new and exclusive license for the Ion Pair HT-PE
LIVERMORE, Calif., Aug. 25, 2025 (GLOBE NEWSWIRE) -- Advent Technologies Holdings, Inc. (NASDAQ:ADN), an innovation driven leader in fuel cells and hydrogen technologies is pleased to announce that it has received an initial order for its Ion Pair High Temperature Proton Exchange Membrane electrode assemblies ("HT-PEM") from one of the major players in the energy sector. With more than 50,000 employees in over 100 countries, this energy giant's technology is used to generate a large percentage of the world's electricity. It is actively pursuing new opportunities in the energy transition, including: Strategic investments: Expanding its manufacturing capacity to meet increasing demand.Inno
LIVERMORE, Calif., Aug. 21, 2025 (GLOBE NEWSWIRE) -- Advent Technologies Holdings, Inc. (NASDAQ:ADN), an innovation driven leader in the fuel cell and hydrogen technology space, has entered into an agreement with a U.S. based global leader in semiconductors and wireless technology to test and develop electrochemical gas sensors using Advent's Ion Pair membrane. Advent's High Temperature Proton Exchange Membrane Technology ("HT-PEM"), and in particular, its advanced Ion Pair membrane technology developed at Los Alamos National Laboratory, is a unique material that has been demonstrated to withstand the demanding manufacturing conditions required for producing miniaturized gas sensors. T
LIVERMORE, Calif., Aug. 18, 2025 (GLOBE NEWSWIRE) -- Advent Technologies Holdings, Inc. (NASDAQ:ADN) an innovation-driven leader in the fuel cell and hydrogen technology sector, is supplying its proprietary membrane electrode assembly technology to Stralis Aircraft, based in Australia, for their hydrogen electric Beechcraft Bonanza aircraft. Emory De Castro, the Chief Technology Officer of the Company stated, "we continue to work closely with the team at Stralis on their next generation high temperature (HT-PEM) fuel cells for their hydrogen electric propulsion system. Advent's HT-PEM membrane electrode assembly is an integral part of the fuel cell, and our technology enables the engines
LIVERMORE, Calif., Aug. 12, 2025 (GLOBE NEWSWIRE) -- Advent Technologies Holdings, Inc. (NASDAQ:ADN), an innovation-driven company in the fuel cell and hydrogen technology space, announced today that it has entered into a new enhanced license agreement with TRIAD National Security for the Ion Pair technology originally developed at Los Alamos National Laboratory. In the new enhanced license, Advent acquired exclusivity to the technology in the marine, aviation, and portable power fields while retaining its non-exclusive rights in all other fields. Dr. Emory DeCastro, Advent's Chief Technology Officer, stated: "We are very excited to leverage the Los Alamos technology into areas that will
ATHENS, Greece and LIVERMORE, Calif., May 27, 2025 (GLOBE NEWSWIRE) -- Advent Technologies Holdings, Inc. (NASDAQ:ADN) ("Advent "or the "Company"), an innovation-driven leader in the fuel cell and hydrogen technology sector, is pleased to announce that Joseph Hosni has joined the Company as the Director of Commercial Sales. Mr. Hosni will be based at the Company's Athens office. Mr. Hosni has over 25 years of experience in advancing technology and infrastructure sales. Prior to joining Advent, he most recently was the Commercial Director of VEN Engineering. Mr. Hosni stated, "I am excited to work closely with the new management team at Advent to execute on the vision of Advent 2.0." Kons
LIVERMORE, Calif., May 23, 2025 (GLOBE NEWSWIRE) -- (NASDAQ:ADN) On May 22, 2025, Advent Technologies Holdings, Inc. (the "Company") received a letter (the "Letter") from the Listing Qualifications Department of the Nasdaq Stock Market ("Nasdaq") notifying the Company that it is not in compliance with periodic 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, 2025 was not filed with the Securities and Exchange Commission by the required due date of May 15, 2025, and because the Company's Annual Report on Form 10-K for the year ended December 31, 2024 was not filed by the required
LIVERMORE, Calif., May 12, 2025 (GLOBE NEWSWIRE) -- Advent Technologies Holdings, Inc. (NASDAQ:ADN) ("Advent "or the "Company"), an innovation-driven leader in the fuel cell and hydrogen technology sector, is pleased to announce that Dr. Ryan Pavlicek has rejoined the Company as the General Manager of its Livermore facility. Dr. Pavlicek previously served as a Senior Scientist, Product Manager, and Site Lead with Advent from 2018-2024. Prior to this, Dr. Pavlicek served as a Technology Manager with the Hydrogen and Fuel Cell Technologies Office at the U.S. Department of Energy. Dr. Pavlicek has more than 10 years experience developing and scaling fuel cell technologies, and was a key me
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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. Mr. Herman stated, "The changes were long overdue. Advent has tremendous untapped potential. Its technology is unsurpassed and offers a ubiquitous clean energy solution across multiple industries including aviation, heavy automotive,
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 noncompliant with Nasdaq Listing Rule 5250(c)(1) due to the delayed filing of its Quarterly Reports on Form 10-Q for the periods ended March 31, 2024 (the "First Quarter 10-Q") and June 30, 2024 (the "Second Quarter 10-Q" and, together with t
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 technology and fuel cell industries. Mr. Hussain is replacing Kevin Brackman, who resigned from his position on January 5, 2024. Mr. Hussain's professional journey commenced at ICI plc, where he played a pivotal role in investor re
Advent Technologies Holdings, Inc. (NASDAQ:ADN), an innovation-driven leader in the fuel cell and hydrogen technology space, is pleased to announce that it has reached an agreement with Airbus, a global leader in aeronautics, space, and related services, for a joint benchmarking project regarding an optimized Ion Pair™ Membrane Electrode Assembly ("MEA") for hydrogen fuel cells. Airbus will provide financial support to the project and its extensive knowledge of the aviation industry. Advent will invest in people, materials, hardware, and 3rd party research centers, to contribute to the goals of the project. The multi-million dollar collaboration will take place over two years. The goal
Advent Technologies Holdings, Inc. (NASDAQ:ADN) ("Advent" or the "Company"), an innovation-driven leader in the fuel cell and hydrogen technology space, proudly announces that Von McConnell has agreed to join its board of directors. Mr. McConnell has nearly forty years of executive experience in the telecommunications sector, including approximately twenty years working for Sprint Corporation (now T-Mobile), where his positions included serving as the Chief Operating Officer and Executive Director of Operations for Sprint's 4G business unit. Furthermore, Mr. McConnell has also served as Sprint's Executive Director of Advanced Labs & Innovation, where he was responsible for research and dev
Advent Technologies Holdings, Inc. (NASDAQ:ADN) ("Advent" or the "Company"), an innovation-driven leader in the fuel cell and hydrogen technology space, proudly announces that Dr. Panoraia ‘Nora' Gourdoupi has agreed to join its board of directors. Dr. Gourdoupi is Advent's Senior Vice President of Corporate Business Developments and has been with Advent since its beginning, joining the Company in 2006 as a Senior Scientist. She is intimately involved in both developing the polymers which form the heart of the Company's MEA and fuel cell products, as well as acting as a vital liaison to both government and industry partners. Dr. Gourdoupi holds a Bachelor of Sciences in Chemistry and a PhD
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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 (All comparisons are to Q4 2022, unless otherwise stated) Revenue of $1.5 million and income from grants of $0.8 million, totaling $2.3 million, which represents a decrease of (3.6)% year-over-year. Full year 2023 revenue of $
Company to Report Q4 2023 Results on August 20, 2024 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 the U.S. The conference call I.D. number is 9909908. Participants should dial in 5 to 10 minutes before the scheduled time. Participants can also attend the call virtually by vi
Operational Highlights Signed a term sheet with Airbus to launch a Joint Project for the potential use of HT-PEM fuel cells in aviation. Signed new supply contract with the U.S. Department of Defense of $2.2 million for portable power systems. Received order from a prominent fuel cell integrator in the Asian market with initial value of $1.3 million. Unveiled Advent's range of Serene Power Systems at the 2023 Monaco Yacht Show. Continued discussions with the Greek State to finalize its procedures for state aid funding of Advent's Green HiPo project, following official ratification from the European Commission under the Important Projects of Common European Interest ("IPCEI")
Company to Report Q3 2023 Results on November 14, 2023 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 third quarter ended September 30, 2023 on Tuesday, November 14, 2023 and will host a conference call the same day at 9:00 AM ET to discuss its results. To access the call please dial (888) 660-6182 from the United States, or (929) 203-0891 from outside the U.S. The conference call I.D. number is 3273042. Participants should dial in 5 to 10 minutes before the scheduled time. A replay of the call can also be accessed
Agreement with BASF to establish end-to-end supply chain for hydrogen fuel cell systems in Europe. Signed MoU with Safran Power Units to advance HT-PEM fuel cell technology for the aerospace sector. Secured $1.1 million contract to supply HT-PEM MEAs for fuel cell-powered trucks in Asia. Working actively with the Greek State for the timely signing of Advent's Green HiPo project, following official ratification from the European Commission under the Important Projects of Common European Interest ("IPCEI") Hy2Tech Program. Advent Technologies Holdings, Inc. (NASDAQ:ADN) ("Advent" or the "Company"), an innovation-driven leader in the fuel cell and hydrogen technology space, today
Company to Report Q2 2023 Results on August 11, 2023 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, 2023 on Friday, August 11, 2023 and will host a conference call the same day at 9:00 AM ET to discuss its results. To access the call please dial (888) 660-6182 from the United States, or (929) 203-0891 from outside the U.S. The conference call I.D. number is 3273042. Participants should dial in 5 to 10 minutes before the scheduled time. A replay of the call can also be accessed via phon
Entered into a joint development agreement with Hyundai following the conclusion of a successful technology assessment. Collaboration with Siemens Energy for maritime fuel cell solution, integrating combined reformer/fuel cell modules into power supply systems for yachts. Opening of the new Hood Park manufacturing facility in Boston, MA, for state-of-the-art development and scale-up production. Agreement with BASF to establish end-to-end supply chain for hydrogen fuel cell systems in Europe. Working actively with the Greek State for the timely signing of Advent's Green HiPo project, following official ratification from the European Commission for funding of up to €782.1 million
Company to Report Q1 2023 Results on May 15, 2023 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 first quarter ended March 31, 2023 on Monday, May 15, 2023 and will host a conference call the same day at 9:00 AM ET to discuss its results. To access the call please dial (888) 660-6182 from the United States, or (929) 203-0891 from outside the U.S. The conference call I.D. number is 3273042. Participants should dial in 5 to 10 minutes before the scheduled time. A replay of the call can also be accessed via phone thro
Q4 2022 revenue of $2.0 million and income from grants of $0.4 million. Full year 2022 revenue of $7.8 million and income from grants of $1.5 million. Net loss in Q4 of $47.6 million or $(0.92) per share, including an impairment charge of $38.9 million. Adjusted net loss in Q4 of $13.2 million or $(0.26) per share. Company holds unrestricted cash reserves of $32.9 million as of December 31, 2022. After official ratification from the European Commission of the European Union for funding of €782.1 million under the Important Projects of Common European Interest ("IPCEI") Hydrogen – Technology for Advent's Green HiPo project, Advent has been working with the Greek State to establish
Company to Report Q4 2022 Results on March 31, 2023 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 fourth quarter and year ended December 31, 2022 on Friday, March 31, 2023 and will host a conference call the same day at 9:00 AM ET to discuss its results. To access the call please dial (888) 660-6182 from the United States, or (929) 203-0891 from outside the U.S. The conference call I.D. number is 3273042. Participants should dial in 5 to 10 minutes before the scheduled time. A replay of the call can also be accessed