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SFC Energy Announces EUR 1.2 Million Low Rate Initial Production Order for Integrated Next Generation Fuel Cell System from International Defense Forces

DGAP-News: SFC Energy AG / Key word(s): Miscellaneous
SFC Energy Announces EUR 1.2 Million Low Rate Initial Production Order
for Integrated Next Generation Fuel Cell System from International
Defense Forces

29.07.2015 / 07:30

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SFC Energy AG - Corporate News

SFC Energy Announces EUR 1.2 Million Low Rate Initial Production Order for
Integrated Next Generation Fuel Cell System from International Defense
Forces

- New system to be based on SFC Energy's established EMILY fuel cells for
defense applications and successfully completed Joint Development
Agreement (JDA)

- Low rate Initial Production order (LRIP): EUR 1.2 million

- User benefits include greater autonomy and non-detectable operation

Brunnthal/Munich, Germany, July 29, 2015 - SFC Energy AG (F3C:DE), a
leading provider of hybrid power solutions to the stationary and mobile
power generation markets, has been awarded a low rate initial production
(LRIP) order by an International Defense Forces for the shipment of a Next
Generation Fuel Cell system (NGFC) for defense applications.

The value of the LRIP (commonly used in military programs to designate the
phase of initial, small-quantity production) amounts to EUR 1.2 million.
SFC Energy will produce, test, and deliver units to the International
Defense Forces, which will remain unnamed.

The NGFC has been designed and developed under a JDA as a fully integrated
power source for off-grid defense applications in unmanned scenarios in the
field. It will power stationary off-grid applications automatically for
extended periods of time without requiring any user intervention. Due to
its silent, environmentally friendly operation that produces almost no
signature, the power source will be non-detectable. Due to the extremely
high energy density of the methanol fuel, the fuel cell will power an
application for exceptionally long time intervals, without requiring any
user intervention. This makes it the ideal power source for all kinds of
covert and undercover scenarios.

SFC Energy will base the NGFC on their proven and tested fuel cell
architecture. Its defense & security segment fuel cells are fully
commercialized and ruggedized for powering electric and electronic devices
and for charging batteries on board of vehicles. The silent power source
also reliably charges batteries off-vehicle as field charger. The EMILY and
JENNY have been successfully qualified and officially cleared for military