HydrogenPro ASA – Third quarter 2024 financial results
12 November 2024 - HydrogenPro ASA (OSE: HYPRO): HydrogenPro has today reported its financial results for the third quarter 2024. Achievements and highlights: - Revenues of NOK 72 million in Q3 2024, with a gross margin of 26% - Delivering on the 100 MW Salzgitter project according to plan - Awarded EUR 16.5 million from the EU Innovation Fund to advance plans for a large-scale production facility for third-generation electrode technology - On-track to increase manufacturing capacity of our third-generation electrode technology to 350 MW, operational from Q1 2025 - Ongoing