Cell Impact has received an order worth SEK 22.0 million from the world's leading fuel cell and electrolysis supplier Plug Power Inc. for the production of flow plates and the supply of related products for delivery during the first half of 2024.

KARLSKOGA, Sweden, Oct. 5, 2023 /PRNewswire/ -- "Cell Impact is very pleased to have received this order from Plug Power for the continued production of flow plates and other supplies over the next year. Thus, Cell Impact continues to support the growth of a global leader in the fuel cell and electrolysis sector and contributes to reducing carbon emissions," said Pär Teike, CEO of Cell Impact.

"I appreciate the close collaboration between Cell Impact and the Plug Power supply chain in growing Plug Power's fuel cell business. We look forward to continuing our excellent cooperation within the dual sourcing structure, including our Rochester Innovation Center and Cell Impact," said Brandon Snyder, SVP Supply Chain, Plug Power.

About Cell Impact

Cell Impact AB (publ) is a global supplier of advanced flow plates for fuel cell and electrolyzer manufacturers. The company has developed and patented a unique high-speed forming method, Cell Impact Forming™, which is much more scalable and cost-effective than conventional forming methods. Cell Impact Forming is an environmentally friendly forming technology that consumes almost no water or electricity.

The Cell Impact stock is listed on the Nasdaq First North Growth Market and FNCA Sweden AB is the company's certified advisor (CA).

Cell Impact AB www.cellimpact.com

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