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Home Artificial Intelligence

Advent Technologies Pursuing Trailblazing Initiatives in Space

August 26, 2025
in Artificial Intelligence, GlobeNewswire, Web3
Reading Time: 5 mins read
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LIVERMORE, Calif., Aug. 26, 2025 (GLOBE NEWSWIRE) — Advent Technologies Holdings, Inc. (NASDAQ: ADN), an innovation-driven leader in fuel cells and hydrogen technologies, is pursuing new initiatives in the space sector with the European Space Agency (ESA) and other major agencies and private companies.

Advent’s proven high temperature proton exchange membrane (HT-PEM) technology is the perfect solution for the power requirements in the space sector when batteries alone are insufficient.

Gary Herman, the CEO of Advent stated, “As we set our sights on space, Advent’s technology has a role to play in extending man’s reach. We believe that our new and exclusive license for the Ion Pair HT-PEM technology developed at Los Alamos National Laboratory will be a game-changer for power in space, especially with the advancement of artificial intelligence, robotics and the high energy demands that will be required.”

Dr. Emory De Castro, Chief Technology Officer of Advent Technologies, commented, “Advent has completed a project with the European Space Agency (ESA) for powering satellites and other space craft and vehicles. Titled “Development of a Closed Loop Regenerative HT-PEM Fuel Cell System,” the system utilizes Advent HT-PEM fuel cells to create power and thus close the gap in powering satellites and other vehicles when operating on the dark sides of planets.”

While satellites use high power batteries that are recharged with solar panels, the storage capacity fades with use or there is not enough time in sunlight to fully recharge the batteries. The Advent technology solves this problem as well as provides efficient thermal control when in the vacuum of space.

Dr. De Castro, further commented, “Our regenerative system could be the power system for space outposts or rovers on the Moon or Mars.”

About Advent Technologies Holdings, Inc.

Advent Technologies Holdings, Inc. is a U.S. corporation that develops, manufactures, and assembles complete fuel cell systems as well as supplying customers with critical components for fuel cells in the renewable energy sector. Advent is headquartered in Livermore, California, with offices in Athens, Patras and Kozani, Greece. With approximately 150 patents issued, pending, and/or licensed for fuel cell technology, Advent holds the IP for next-generation HT-PEM that enables various fuels to function at high temperatures and under extreme conditions – offering a flexible fuel option for the automotive, aviation, defense, oil and gas, marine, and power generation sectors. For more information, visit http://www.advent.energy.

Cautionary Note Regarding Forward-Looking Statements

This press release includes forward-looking statements. These forward-looking statements generally can be identified by the use of words such as “anticipate,” “expect,” “plan,” “could,” “may,” “will,” “believe,” “estimate,” “forecast,” “goal,” “project,” and other words of similar meaning. Each forward-looking statement contained in this press release is subject to risks and uncertainties that could cause actual results to differ materially from those expressed or implied by such statement. Applicable risks and uncertainties include, among others, the Company’s ability to maintain the listing of the Company’s common stock on Nasdaq; future financial performance; public securities’ potential liquidity and trading; impact from the outcome of any known and unknown litigation; ability to forecast and maintain an adequate rate of revenue growth and appropriately plan its expenses; expectations regarding future expenditures; future mix of revenue and effect on gross margins; attraction and retention of qualified directors, officers, employees and key personnel; ability to compete effectively in a competitive industry; ability to protect and enhance Advent’s corporate reputation and brand; expectations concerning its relationships and actions with technology partners and other third parties; impact from future regulatory, judicial and legislative changes to the industry; ability to locate and acquire complementary technologies or services and integrate those into the Company’s business; future arrangements with, or investments in, other entities or associations; and intense competition and competitive pressure from other companies worldwide in the industries in which the Company will operate; and the risks identified under the heading “Risk Factors” in Advent’s Annual Report on Form 10-K filed with the Securities and Exchange Commission (“SEC”) on June 6, 2025, as well as the other information filed with the SEC. Investors are cautioned not to place considerable reliance on the forward-looking statements contained in this press release. You are encouraged to read Advent’s filings with the SEC, available at http://www.sec.gov, for a discussion of these and other risks and uncertainties. The forward-looking statements in this press release speak only as of the date of this document, and the Company undertakes no obligation to update or revise any of these statements. Advent’s business is subject to substantial risks and uncertainties, including those referenced above. Investors, potential investors, and others should give careful consideration to these risks and uncertainties.

Contacts

Advent Technologies Holdings, Inc.
press@advent.energy

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