Proton Power Systems (GB:PPS) has released an update.
Proton Motor Power Systems reports a year of continued progress, with a minor sales increase to £2,122k despite a slightly reduced order intake. The company, focusing on zero-carbon fuel cell systems, has seen a shift towards stationary applications, representing 96% of their orders. Investment in a new production facility and a restructuring plan are underway to enhance future production and sales while managing an operating loss and preparing for an anticipated rise in market demand.
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