Advent Technologies

Advent Technologies

Advent Technologies is a world leader in the development of high-temperature PEM fuel cells. Our technology allows the conversion of methanol, natural gas, DME, biomass, etc. to electricity bypassing the need for hydrogen infrastructure.

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$3.0m

Post IPO Equity
Total Funding000k

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Revenues, earnings & profits over time
USD201920202021202220232024
Revenues000000000000000000000000
% growth--701 %11 %(38 %)(33 %)
EBITDA000000000000000000000000
% EBITDA margin-(185 %)(607 %)(180 %)(840 %)(175 %)
Profit000000000000000000000000
% profit margin-(113 %)(290 %)(949 %)(1469 %)(1251 %)
EV000000000000000000000000
EV / revenue00.0x00.0x00.0x00.0x00.0x00.0x
EV / EBITDA00.0x00.0x00.0x00.0x00.0x00.0x
R&D budget000000000000000000000000
R&D % of revenue-12 %50 %125 %249 %98 %

Source: Company filings or news article

More about Advent Technologies
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Advent Energy is a startup that operates in the clean energy sector, specifically focusing on the production of high-temperature proton exchange membrane (ht-pem) fuel cells. These fuel cells convert hydrogen and other renewable fuels into electricity, offering a low-cost, fuel-flexible, and resilient solution for energy generation. The company's fuel cells are designed to function in a variety of conditions, including pollution, humidity, and extreme temperatures, making them ideal for use in developing countries.

Advent Energy's business model revolves around manufacturing and selling complete fuel cell systems, as well as the core membrane electrode assembly (MEA) component. In addition, the company licenses its technology to Tier 1 and other major manufacturers, who are working on the next generation of fuel cell technology. This dual revenue stream allows the company to generate income from both direct sales and licensing fees.

The company's fuel cells are fuel-flexible, meaning they can use a variety of fuels including methanol, natural gas, eMethanol, and other renewable fuels like liquid sun and liquid wind. This flexibility allows Advent Energy to adapt to changing market conditions and fuel availability.

Advent Energy's vision is to contribute to a cleaner, safer world through the development and deployment of its fuel cell technology. The company's team consists of material scientists and electrochemists who are dedicated to addressing clean energy challenges.

Keywords: Clean Energy, Fuel Cells, Renewable Fuels, Hydrogen, Methanol, Natural Gas, Licensing, Manufacturing, Resilient Technology, Developing Countries.

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Investments by Advent Technologies

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Ultracell
ACQUISITION by Advent Technologies Feb 2021
SerEnergy
ACQUISITION by Advent Technologies Sep 2021
Fischer eco solutions
ACQUISITION by Advent Technologies Sep 2021