Nel ASA Secures a Significant Order for PEM Electrolysers
Nel Hydrogen US, a subsidiary of Nel ASA (Nel, OSE:NEL), has received a substantial purchase order for PEM electrolyser stacks valued at approximately USD 6 million from Collins Aerospace. This order is pivotal in supplying the U.S. Navy with essential equipment needed to generate oxygen for life support systems on submarines, thereby enhancing operational capabilities.
Strengthening Partnerships Through High-Quality Technology
Nel’s Chief Commercial Officer, Todd Cartwright, expressed pride in the long-standing relationship with Collins Aerospace, highlighting the exclusive supply agreement which enables the production of critical equipment for extended underwater missions. Cartwright stated, "This new order underscores the strength of our manufacturing capabilities and quality standards, alongside the reliable performance of our PEM electrolyser technology." Such feedback reinforces Nel's commitment to excellence in producing hydrogen solutions.
Delivery Timeline and Previous Achievements
The delivery of these electrolyser stacks is scheduled to unfold over several years, commencing with initial shipments expected in late 2025. This recent order adds to a proven history of successful equipment development and delivery by Nel for similar applications, illustrating the company’s role as a trusted partner in the defense sector. With a well-established track record, Nel continues to be a front-runner in innovative hydrogen technology solutions.
Manufacturing Excellence at Nel's Facility
This order involves an undisclosed number of stacks to be manufactured at Nel's facility located in Wallingford, Connecticut. The production will adhere to stringent quality standards to ensure reliability and effectiveness of the electrolyser stacks, aligning with the precise needs of the U.S. Navy.
Contact for More Information
For further inquiries regarding this partnership or the technologies offered by Nel ASA, please reach out to Kjell Christian Bjørnsen, CFO, at +47 917 02 097, or Wilhelm Flinder, Head of IR, Communications and Marketing, at +47 936 11 350.
About Nel ASA
Nel ASA, with a legacy dating back to 1927, stands out as a pioneering pure play hydrogen technology company with a global reach. Specializing in electrolyser technology, Nel is instrumental in producing renewable hydrogen and providing hydrogen fueling equipment for a range of vehicles. With its product range, Nel plays a crucial role in advancing a sustainable green hydrogen economy, enabling the de-carbonization of multiple industries, including transportation, refining, steel production, and ammonia synthesis.
Frequently Asked Questions
What is the purpose of the purchase order received by Nel ASA?
The purchase order allows Nel ASA to supply PEM electrolyser stacks to Collins Aerospace, which will be used to produce oxygen for the U.S. Navy's submarine life support systems.
When will the delivery of the electrolyser stacks begin?
The initial deliveries of the stacks are expected to commence in late 2025, with the full delivery scheduled over several years.
Who is the Chief Commercial Officer of Nel ASA?
Todd Cartwright serves as the Chief Commercial Officer at Nel ASA and has emphasized the importance of the partnership with Collins Aerospace.
Where is Nel ASA's manufacturing facility located?
Nel ASA's stacks will be manufactured at its facility in Wallingford, Connecticut, adhering to strict quality standards.
What industries benefit from Nel ASA's product offerings?
Nel ASA's technologies support various sectors, including transportation, refining, steel production, and ammonia, facilitating a shift towards greener hydrogen solutions.
