[CLSTR]
< Back to situations

Monitor this situation.

[SITUATION] · [QUIET] · [BUSINESS]

2 clusters · 4 sources · 16 days · First seen · Last updated

Nel ASA hydrogen technology defense contracts

Overview

Nel ASA and its subsidiary, NEL Hydrogen US, have secured multiple orders for Proton Exchange Membrane (PEM) electrolyzer technology.

Initial reports indicated a $12 million contract for the production of electrolyzer stacks at a facility in Wallingford, Connecticut. These systems are intended for marine applications, specifically to generate oxygen for life support systems on United States submarines, with deliveries planned for 2027 and 2028.

An additional order valued at approximately $7 million was also identified for marine programs involving the United States, Great Britain, and France. These developments represent a strategic move toward defense-sector applications for the company’s hydrogen technology.

Entities

NEL Hydrogen US · Nel ASA · Todd Cartwright · Collins Aerospace

Timeline

  1. [BUSINESS] 3 sources
    NEL Hydrogen US secures $12 million electrolyzer order

    NEL Hydrogen US has received a $12 million order from a US technology firm for containerized PEM electrolyzers, with production slated for 2027 in Connecticut.

  2. [BUSINESS] 2 sources
    Nel ASA secures submarine electrolyzer orders from Collins Aerospace

    Nel ASA has received orders from Collins Aerospace totaling approximately $19 million for PEM electrolyzer stacks to support submarine life support systems in the US, UK, and France.

Sources

finanzen.at · finanzen.ch · finanznachrichten.de · it-boltwise.de