HydrogenPro ASA: Invitation to Q4 2024 Webcast - A Glimpse into the Future of Green Hydrogen

HydrogenPro ASA, a leading player in the green hydrogen technology market, has announced an invitation to its Q4 2024 webcast, providing investors and stakeholders with an opportunity to gain insights into the company's recent performance and future prospects. As the global demand for clean energy continues to grow, HydrogenPro ASA's commitment to innovation and sustainability positions it as a key player in the hydrogen industry.

In the past year, HydrogenPro ASA has demonstrated significant financial growth, with a notable increase in revenue and a shift towards profitability. The company's strategic investments, product development, and successful project deliveries have contributed to this impressive performance. Some key highlights from the past year include:

* Securing a strategic NOK 82.7 million investment from Andritz, bolstering the company's financial position and enabling further innovation.
* Receiving a grant from the EU Innovation Fund of EUR 16.5 million for large-scale production of next-generation electrode technology and additionally DKK 35 million awarded by the Export and Investment Fund of Denmark.
* Delivering two of the world's ten largest hydrogen projects, namely the Salzgitter project in Germany and the Aces project in Utah, USA.
* Strengthening the team with key appointments, including a Chief Technology Officer, Chief Operations Officer, General Manager North America, QHSE, Director, and others.
* Forming a new partnership with J.H.K., an industrial plant construction and engineering company, to target green hydrogen projects in the range of 5-50 MW.

These strategic initiatives and partnerships have enabled HydrogenPro ASA to expand its global footprint, secure significant funding, and deliver large-scale hydrogen projects, contributing to its growth and market position in the hydrogen industry.



HydrogenPro ASA's investment in research and development, particularly in next-generation electrode technology, has significantly impacted its competitive advantage and long-term growth prospects. The company's commitment to innovation and sustainability has been recognized by the European Union, which awarded HydrogenPro ApS, a subsidiary of HydrogenPro ASA, a grant of EUR 16.5 million for large-scale production of next-generation electrode technology. Additionally, HydrogenPro ASA has announced plans to invest in a new production line for its Gen3 electrodes, increasing the annual capacity to a minimum of 90-100 MW.

The company's strategic partnerships, such as the one with J.H.K., allow HydrogenPro to leverage the expertise of other industry players, further enhancing its competitive edge in the market. HydrogenPro ASA's market recognition and numerous potential projects in the pipeline for the coming year demonstrate the company's strong position in the hydrogen technology market.

As HydrogenPro ASA invites investors and stakeholders to its Q4 2024 webcast, the company offers a unique opportunity to learn more about its recent performance and future prospects. With a strong focus on innovation, sustainability, and strategic partnerships, HydrogenPro ASA is well-positioned to capitalize on the growing demand for green hydrogen technology and continue its impressive growth trajectory.

In conclusion, HydrogenPro ASA's invitation to the Q4 2024 webcast provides an excellent opportunity for investors and stakeholders to gain insights into the company's recent performance and future prospects. With a strong commitment to innovation, sustainability, and strategic partnerships, HydrogenPro ASA is well-positioned to continue its impressive growth in the green hydrogen technology market.