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PowerCell Sweden AB ( (SE:PCELL) ) just unveiled an announcement.
PowerCell Sweden AB has secured a SEK 44 million contract with a leading Italian marine OEM for its next-generation marine fuel cell system, marking the first commercial order for its MW-class technology. This agreement signifies a shift in the maritime industry towards zero-emission solutions, driven by commercial demand and regulatory frameworks, and highlights PowerCell’s strengthened position in supporting customers with high-power, efficient fuel cell systems.
The most recent analyst rating on (SE:PCELL) stock is a Hold with a SEK35.00 price target. To see the full list of analyst forecasts on PowerCell Sweden AB stock, see the SE:PCELL Stock Forecast page.
More about PowerCell Sweden AB
PowerCell Sweden AB is a global leader in hydrogen electric solutions, specializing in unique fuel cell stacks and systems. With a focus on accelerating the transition to a sustainable, emission-free world, the company targets various industries including aviation, marine, off-road, on-road, and stationary power generation. Headquartered in Gothenburg, Sweden, PowerCell operates globally and is listed on Nasdaq Stockholm.
YTD Price Performance: -29.67%
Average Trading Volume: 148,410
Current Market Cap: SEK1.44B
For detailed information about PCELL stock, go to TipRanks’ Stock Analysis page.