Advent Technologies Announces Acquisition of UltraCell, a Leader in Lightweight Fuel Cell Technology – Digitalmunition




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Published on February 23rd, 2021 📆 | 3456 Views ⚑

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Advent Technologies Announces Acquisition of UltraCell, a Leader in Lightweight Fuel Cell Technology

Advent Technologies Holdings, Inc. (NASDAQ: ADN) (“Advent”), an innovation-driven company in the fuel cell and hydrogen technology space, today announced that it has acquired UltraCell LLC
(“UltraCell”), the fuel cell division of Bren-Tronics, Inc. (“Bren-Tronics”). The acquisition closed on February 18, 2021.

UltraCell is a leader in lightweight fuel cells for the portable power market with mature products and cutting-edge technology. The portable battery chargers produced by UltraCell are the only NATO
approved fuel cell products Made in the USA (and one of the only two across NATO), with units already deployed in the field by military and security agencies. Three additional NATO allies are
currently testing UltraCell systems. UltraCell’s fuel cell products have also been recognized and presented in multiple global NATO events.

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