Intelligent Energy (IEH) has announced a deal to supply 600 low-power 1kW fuel-cell modules to US-based Luxfer-GTM Technologies for integration into Luxfer-GTM’s Zero-Set Lite portable light towers. The contract, the value of which has not been disclosed, underpins our assumption of £5.0m product sales during FY17, so we leave our estimates unchanged.
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US stationary power deal signed
- Published:
27 Feb 2017 -
Author:
Anne Margaret Crow -
Pages:
2
Intelligent Energy (IEH) has announced a deal to supply 600 low-power 1kW fuel-cell modules to US-based Luxfer-GTM Technologies for integration into Luxfer-GTM’s Zero-Set Lite portable light towers. The contract, the value of which has not been disclosed, underpins our assumption of £5.0m product sales during FY17, so we leave our estimates unchanged.