STATEMENT: Great commercial interest for Cell Impact Forming in Japan

KARLSKOGA, Sweden, Aug.

STATEMENT: Great commercial interest for Cell Impact Forming in Japan

KARLSKOGA, Sweden, Aug. 30, 2023 /PRNewswire/ -- Cell Impact has been substantially active in the Japanese fuel cell market for several years now. This activity has focused on developing a position for possible future production of flow plates in Japan. In February 2023, a Cell Impact FormingTM demo line was installed in Japan in collaboration with F.C.C. Japan.

During the trial period, more than 20 Japanese fuel cell and electrolyzer manufacturers visited Cell Impact Forming's demonstration line.

"The interest generated has been great and has resulted in strengthening relationships with existing customers and several new prospects. The demo phase has now been completed and potential business opportunities for the next step will be evaluated," said Shigeru Nakagawa, CEO of Cell Impact Japan.

Scalable production technology with ecological aspects

After the containers containing the forming unit arrived at the demo site, it took only 12 days to start forming the flow plates. With innovative Cell Impact Forming, it takes a fraction of the time to start production compared to conventional technology.

The construction of a Cell Impact Forming line requires half the delivery time. Short lead times allow manufacturing capacity to be added quickly, allowing fuel cell manufacturers to keep up with demand. Cell Impact Forming has a small footprint and low height. The plates are formed without the use of oil or other lubrication and without subsequent cleaning with water. In addition, very low energy consumption is one of the factors that result in cost-effective production. Low investment and operating costs make the savings with Cell Impact Forming substantial compared to conventional technology.

Extreme precision, low life cycle cost

A unique aspect of Cell Impact Forming is that the flow plates are molded in one hit with very high precision, which is a key factor in achieving high quality which in turn contributes to the high performance of the flow plate. Precision in the forming process contributes to long tool life and low costs. Previous customer sponsored long-term testing showed expected tool life to be at least 2 million blows, perhaps four times that of competing technologies. The high precision makes Cell Impact Forming suitable for forming pre-coated material and contributes to a quality that can potentially reduce the cost of subsequent coating.

"We are happy that we were able to carry out this demonstration activity together with F.C.C. in Japan and that the visitors were impressed by the performance, ecological aspects and scalability of Cell Impact Forming. Cell Impact Forming enables fuel cell and electrolysis manufacturers to increase their production in a cost-effective and environmentally friendly way, which will ultimately contribute to lower carbon emissions. And all of this is achievable now," concluded Pär Teike, CEO of Cell Impact.

Press image. Youtube.

For more information, contact: Pär Teike RI Contact and CEO, Cell Impact AB 46 73-024 06 84 or paer.teike@cellimpact.com

About Cell Impact

Cell Impact AB (publ) is a global supplier of advanced flow plates for electrolyzer and fuel cell manufacturers. The company has developed and patented a unique method for high-speed forming, Cell Impact Forming™, that is significantly more scalable and cost-effective compared to conventional forming methods. Cell Impact Forming is an environmentally friendly forming technology that consumes no water and consumes very little electrical energy.

Cell Impact's stock is listed on the Nasdaq First North Growth Market and FNCA Sweden AB is the company's Certified Advisor (CA). Contact information: 46 8-528 00 399 or info@fnca.

www.cellimpact.com

Logo: https://mma.prnewswire.com/media/1888196...

View original content: https://www.prnewswire.com/news-releases/gran-interes-comercial-por-cell-impact-forming-en-japon-301914059.html

NEXT NEWS