Technological Advancements
Advent achieved 2x the power of previous fuel cells per square centimeter and 2x the lifetime of competing systems with their Ion Pair MEA technology.
Strategic Partnerships
Strong collaborations with Airbus, U.S. Army, Hyundai, and other top companies, with a $13 million partnership with Airbus to develop fuel cells for aviation.
Cost Efficiency and Focus
Significant restructuring led to a 70% reduction in costs, focusing on core strengths and strategic partnerships.
Market Potential
Engagement with top automakers and the defense sector, with potential for significant market expansion.