Cell Impact AB (publ), a Swedish global supplier of advanced flow plates to fuel cell and electrolyzer manufacturers, has recently secured a follow-up order from a leading industrial player in Asia. This agreement underscores the company's growing influence in the Asian market and the effectiveness of its patented Cell Impact Forming™ technology. The deal involves the delivery of flow plates and a test tool designed for manufacturing customized flow plates, with the total order value amounting to MSEK 0.6.
The successful tests of Cell Impact Forming™ by the Asian customer have paved the way for this new agreement, highlighting the technology's scalability and cost-efficiency compared to traditional forming methods. 'This is a process we have seen before. Successful tests of Cell Impact Forming™ lead to new business, which in turn is a prerequisite for future volume production,' stated Daniel Vallin, CEO of Cell Impact. The delivery is scheduled for the second quarter, marking another milestone in the company's expansion strategy.
Cell Impact Forming™ stands out as an environmentally friendly technology, consuming no water and minimal electrical power. This aspect, combined with its cost and scalability advantages, makes it an attractive option for manufacturers looking to innovate in the fuel cell and electrolyzer sectors. The technology's success in Asia is a testament to its global appeal and potential for widespread adoption.
The company's shares are listed on Nasdaq First North Growth Market, with FNCA Sweden AB serving as the Certified Advisor. This latest deal not only reinforces Cell Impact's position in the Asian market but also sets the stage for future collaborations and volume production opportunities. As the demand for sustainable and efficient manufacturing solutions grows, Cell Impact's innovative approach positions it as a key player in the industry's evolution.
Saxon, the iconic British heavy metal band, has announced the cancellation of ten summer shows across Europe as their frontman, Biff Byford, is set to undergo emergency surgery. The band's management emphasized that the health and well-being of the band members are of utmost importance, leading to this difficult decision. The affected dates span from July 12 at the Area 53 Festival in Austria to August 16 at the Summer Breeze Festival in Germany.
The band expressed their disappointment at not being able to perform for their fans during this period but remains hopeful for a swift recovery. Saxon is looking forward to resuming their tour in time for the Trutnoff Open Air Festival in the Czech Republic on August 23 and the Neuborn Open Air on August 29. Additionally, the band has plans for tours in Spain, France, and the UK later in the year, which are expected to proceed as scheduled.
Fans holding tickets for the cancelled shows, including the Swedish club shows on July 24, 26, and 27, are advised to seek refunds from their point of purchase. Saxon is working closely with promoters to reschedule the other affected dates and has apologized for any inconvenience caused to their loyal fanbase.
Despite the cancellations, Saxon's performance at the Rockharz Festival in Ballenstedt, Germany, on July 2 will go ahead as planned. The band and their management have asked for patience and understanding from fans during this challenging time, as they prioritize Biff Byford's health and recovery.