NEL ASA NEL
OSL · Norway · Producer Manufacturing
NOK 2.07-0.02 (-0.96%)
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Prices may be delayed and are for informational purposes only - not investment advice.
Market closed· · NOK · Data may be delayed
Prices may be delayed and are for informational purposes only - not investment advice.
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Nel Hydrogen US, a subsidiary of Nel ASA (Nel) (OSE: NEL), has secured additional purchase orders from Collins Aerospace for PEM electrolyser stacks used in submarine life-support systems. In aggregate, the newly received orders related to US, UK and French naval programs have a value of approximately USD 7 million. Together with the USD 12 million purchase order announced on September 29, 2026, and additional smaller orders received earlier this month, Nel's submarine-related order intake from
Nel Hydrogen US, a subsidiary of Nel ASA (Nel) (OSE: NEL) has received a new purchase order from Collins Aerospace for PEM electrolyser stacks. The equipment will be used to generate oxygen for life-support systems used on US submarines. The purchase order has a value of approximately USD 12 million.
Nel ASA (Nel) (OSE: NEL) has entered into a framework agreement with Hydrasun to establish dedicated assembly and integration capabilities for the MC Series, Nel's modular and scalable PEM technology platform. With this partnership, Nel gains an experienced integration partner in Europe, complementing its existing integration setup in the US and widening its delivery capabilities for the European market. Nel's PEM stack production will continue at Nel's Wallingford, Connecticut facility in the U
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