Nel ASA: Awarded Orders over USD 2.3 Million for U.S. and U.K. Navy Electrolyzer Stacks
(Oslo, 21 December 2017) Proton OnSite (Proton), the U.S. subsidiary of Nel ASA (Nel, OSE:NEL), has received combined purchase orders for electrolyzer cell stacks from United Technologies Aerospace Systems (UTAS) for the U.S. and U.K. submarine fleets, at a value of more than USD 2.3 million. The electrolyzer stacks produce critical life support oxygen for Navy crews on multiple classes of nuclear powered submarines and will be delivered under an exclusive contract. “We are very proud to work with our partner UTAS and the Navy customers for our cell stacks. These new orders demonstrate