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Re: Flanker100 post# 3112

Monday, 05/06/2019 9:12:36 AM

Monday, May 06, 2019 9:12:36 AM

Post# of 3665
Seems like Ballard is taking care of business:



Q1 2019 Operating Highlights

Subsequent to the quarter, announced plans to establish a Marine Center of Excellence (CoE) at Ballard’s subsidiary in Hobro, Denmark by end-2019. The Marine CoE will be dedicated to fuel cell marine applications, including the design and manufacture of heavy duty fuel cell modules to address zero-emission powertrain requirements.
Announced participation of Ballard’s Hobro, Denmark-based subsidiary in the H2PORTS project, aimed at facilitating a rapid transition at European ports from fossil fuels to low-carbon, zero-emission alternatives based on hydrogen and fuel cells. The Port of Valencia in Spain will execute pilot initiatives to bridge the gap between prototypes and pre-commercial products, including: (i) a fuel cell-powered Reach Stacker for loading, unloading and transporting containers; (ii) a fuel cell-powered Terminal Tractor for roll-on/roll-off shipping operations; and (iii) a Mobile Hydrogen Refueling Station to support this equipment.
Signed an Equipment Supply Agreement with Norled A/S in Norway to provide two next-generation 200 kilowatt (kW) fuel cell modules that will be used to power a hybrid ferry planned to begin operating in 2021. Ballard’s modules will be designed and manufactured at the Company’s new Marine Center of Excellence.
Subsequent to the quarter, launched the FCair® fuel cell product line, a complete power solution that supports Unmanned Aerial Vehicle manufacturers and operators in the delivery of fuel cell-powered UAV benefits, including: 3x the flight duration of batteries; 5x the reliability and a fraction of the noise of small internal combustion engines; and significantly reduced operational expenses.
Ballard’s subsidiary in Hobro, Denmark signed Framework Agreements for the provision of FCgen®-H2PM direct hydrogen backup power systems with Eniig and Fibia A/S, operators of fiber optic broadband networks in Denmark, and also received initial orders for 30 of its 5kW systems for Eniig and Fibia A/S, including installation, hydrogen storage and power management equipment, having a total value of approximately $1.2 million.
Appointed two new members to Ballard’s Board of Directors effective January 1, 2019. Mr. Jiang Kui (also known as Mr. Kevin Jiang) and Mr. Sun Shaojun (also known as Mr. Sherman Sun), are both executives at Weichai Power Co., Ltd. These appointments expand the board from seven members to nine members and are consistent with terms of the Company’s strategic collaboration with Weichai Power, which closed on November 13, 2018.



http://ballard.com/about-ballard/newsroom/news-releases/2019/05/01/ballard-reports-q1-2019-results



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