myFC strengthens its financial position through EU grant and high conversion from the warrant program
myFC has been granted approximately 4.5 million SEK of EU funding for the further development of components for their new product line, JAQ - the world's smallest fuel cell charger. myFC also announces that the warrant program that was implemented in December 2014, will have 71.5 percent of the warrants exercised, reinforcing the company's financial position.The EU grant of 4.5 million SEK gives myFC additional opportunities to accelerate the development of the new product line, JAQ. The company will thus industrialize charging technology to reduce material and production costs of the
