Heliocentris and Schunk have signed a Cooperation and Distribution Agreement
Berlin. Heliocentris Fuel Cells AG, a leading system integrator for fuel cells, and Schunk Bahn- und Industrietechnik GmbH, a company in the globally active Schunk Group, have signed a Cooperation and Distribution Agreement to market fuel cell stacks and systems worldwide.
Heliocentris develops products and system solutions for training, research and industrial purposes on the basis of Schunk´s fuel cell technology, and intends to manufacture these in serial production.
The modular model range of these fuel cell stacks grants Heliocentris scalability in a power range from 360 watts to 1.4 kilowatts. This allows Heliocentris to react flexibly to customer requirements.
Since the Schunk stacks are water-cooled fuel cell stacks Heliocentris can offer customers systems which use the waste heat which accumulates in the fuel cell in addition to generating electricity. In this way, Heliocentris is tapping into new fields of application above and beyond its current product range.
Dr. Colell, CEO of Heliocentris Fuel Cells AG, comments: "We are happy to have found another strong partner with experience in serial production in Schunk. This agreement will enable us to expand our system platform range considerably."
A spokesperson for Schunk adds: "The core expertise of Schunk Bahn- und Industrietechnik GmbH lies in the development and serial production of stack components, drawing on the company´s many years of experience in material development. With Heliocentris as its partner, Schunk will gain global access among others to research and development facilities in the field of fuel cell applications. This will create synergies for both partners in the dynamically developing fuel cell market."
About Heliocentris Fuel Cells
Heliocentris is a leading supplier and system integrator of fuel cells. As a pioneer of the fuel cell industry Heliocentris has many years of experience in the development, production and sales of fuel cell systems and applications. Within the training and R&D systems for fuel cells, Heliocentris is one of the world's market leaders with more than 10,000 training facilities and companies in more than 50 countries as customers. These customers are offered more than 50 different products from eight product lines. The range of products and services offered varies from demonstration units for teaching and study to integrated laboratory systems for R&D as well as client specific, industrial applications. In addition to the Company's head office in Berlin, Heliocentris has one subsidiary on the North American market in Vancouver, Canada.
About the Schunk Group
The Schunk Group is a globally active technology group with a wide product and service range in the field of material technology and system engineering. The company was founded in Fulda in 1913 by Ludwig Schunk and Karl Ebe in order to produce carbon brushes. In 2006, the Schunk Group achieved a turnover of almost € 753 million with its 60 companies and sites in 27 countries. The company has a global workforce of around 8,000 people. Within the Schunk Group, Schunk Bahn- und Industrietechnik GmbH is synonymous with expertise, experience and innovation in all areas relating to power transmission engineering in the rail and industrial sector.
www.schunk-group.com
Disclaimer
This press release contains forward-looking statements that are based on current assumptions and forecasts of the management of Heliocentris Fuel Cells AG. Known and unknown risks, uncertainties and other factors could lead to material differences between the forward-looking statements given here and the actual development, in particular the results, financial situation and performance of our Company. The Company assumes no liability to update these forward-looking statements or to conform them to future events or developments.
The information in this press release does not constitute an offer of securities for sale or a solicitation of an offer to purchase securities in the United States or any other country.