Advent Technologies (ADN) announced its official collaboration with Arxicon for the development of its master plan for the RHyno Project. The RHyno Project officially commenced on April 1, 2025, and is funded by the EU Innovation Fund. It involves the development and construction of the facility and key infrastructure for manufacturing innovative fuel cells, electrolysers, and their critical components, including Advent’s cutting-edge Membrane Electrode Assembly technology, at megawatt scale. RHyno aims to revolutionize clean energy systems by enhancing power density and lifespan, while significantly reducing weight and volume through a streamlined balance of plant. The project will reinforce Advent’s leadership in the fuel cell market and mark its strategic entry into the rapidly evolving electrolyser sector. The total non-dilutive grant portion of the funding to be awarded to Advent for RHyno is EUR 34.5M.
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