Ceres Power issued a trading update yesterday, with revenues ahead of expectations. Revenues are now expected to be close to £4m for year to June 2017. We had £3.3m in our forecasts. We are not changing our 2018 and 2019 estimates at this stage. Cash is expected to be £16m at year end in line with our forecasts. They are confident that they will sign a 5th development partner this year and a 2 . nd go to market customer before end of 2018
