PowerCell receives order for fuel cell systems valued at approximately MSEK 7

PowerCell Sweden AB has secured an order valued at a total of MSEK 7.2 (EUR 720 000) from the German company H2FLY. The order comprises several fuel cell systems of type P System 100 and is scheduled for delivery during the first quarter 2022.

German hydrogen aviation start-up H2FLY is the owner and operator of HY4 aircraft which made its maiden journey in 2016. The company's goal is to develop a zero-emission, certifiable hydrogen electric powertrain for AirTaxi, General Aviation and Regional Aircraft.

H2FLY will use the P System 100 fuel cell systems in its work to develop hydrogen-electric powertrain solutions for aviation.

"The interest in hydrogen-electric solutions is growing quickly within the aviation industry and PowerCell has received several orders from the industry over the last 12-18 months. Fuel cell-based drivetrains offer an attractive zero-emission alternative for the electrification of short-distance and regional aircrafts," Richard Berkling, CEO of PowerCell said.

Professor Dr Ing Josef Kallo, CEO of H2FLY added, "Hydrogen fuel cells enable a low noise, emission free electric aircraft propulsion. With our 15 years of powertrain system experience we are heading for certification and will change aviation!"