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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 Environme
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. About RHyno Project The Advent Renewable Hydrogen Innovative Technologies (RHyno) project involves the establishment of infrastructure for developin
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,
Gainers Fusion Fuel Green (NASDAQ:HTOO) shares moved upwards by 12.4% to $1.27 during Friday's pre-market session. The company's market cap stands at $24.7 million. The company's, Q1 earnings came out 2 days ago. Pineapple Energy (NASDAQ:PEGY) stock moved upwards by 12.12% to $0.18. The market value of their outstanding shares is at $19.4 million. SunPower (NASDAQ:SPWR) shares rose 11.84% to $3.87. The company's market cap stands at $679.0 million. Graham (NYSE:GHM) shares increased by 8.51% to $28.28. The company's market cap stands at $306.2 million. As per the news, the Q4 earnings report came out today. Armlogi Holding (NASDAQ:BTOC) shares increased by 6.12% to $5.2. The company's m
Gainers MingZhu Logistics Hldgs (NASDAQ:YGMZ) shares moved upwards by 76.5% to $0.62 during Friday's after-market session. The market value of their outstanding shares is at $22.9 million. Earlyworks Co (NASDAQ:ELWS) stock rose 48.58% to $3.15. The market value of their outstanding shares is at $9.4 million. Multi Ways Holdings (AMEX:MWG) stock rose 28.08% to $0.44. The market value of their outstanding shares is at $13.4 million. Sentage Hldgs (NASDAQ:SNTG) stock rose 10.4% to $2.44. The company's market cap stands at $6.8 million. Advent Technologies Hldgs (NASDAQ:ADN) stock moved upwards by 10.12% to $3.48. The company's market cap stands at $9.0 million. Markforged Holding (NYSE:MK
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
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
SC 13G/A - ADVENT TECHNOLOGIES HOLDINGS, INC. (0001744494) (Subject)
SC 13G/A - ADVENT TECHNOLOGIES HOLDINGS, INC. (0001744494) (Subject)
SC 13G/A - ADVENT TECHNOLOGIES HOLDINGS, INC. (0001744494) (Subject)
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")
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8-K - ADVENT TECHNOLOGIES HOLDINGS, INC. (0001744494) (Filer)
8-K - ADVENT TECHNOLOGIES HOLDINGS, INC. (0001744494) (Filer)
8-K - ADVENT TECHNOLOGIES HOLDINGS, INC. (0001744494) (Filer)