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Stock impact report

Cell Impact enhances production capacity through an agreement with Andritz Soutec AG [Yahoo! Finance]

ANDRITZ AG UNSP/ADR (ADRZY) 
NASDAQ:AMEX Investor Relations: andritz.com/group-en/investors
Company Research Source: Yahoo! Finance
Today, the company signed a collaboration agreement with Andritz Soutec AG, Switzerland , regarding a machine for galvo welding of bipolar flow plates. The agreement helps streamline subsequent processes in Cell Impact's production flow and optimize the conditions for delivering flow plates on a large scale. Andritz Soutec AG will, as part of this collaboration, develop Soucell, a galvo welding machine that will strengthen Cell Impact's Phase II program by increasing production capacity and a stronger production offering. "We are pleased to contribute in the transition to a more sustainable energy system together with Cell Impact. For us, this is an exciting collaboration due to Cell Impact's excellent conditions for producing products on a uniquely large scale," says Daniel Wenk , VP Business Development at Andritz Soutec. The product Soucell provides the capacity to weld one bipolar plate per second - 1 Hz, which matches the capacity offered by Cell Impact Forming™. With the Show less Read more
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