Nel Hydrogen U.S., the U.S. subsidiary of Nel ASA (Nel, OSE:NEL), has received purchase orders for PEM electrolyser cell stacks from Raytheon Technologies´ Collins Aerospace Division, at a combined value of more than USD 5.4 million. Nel’s electrolyser stacks produce critical life support oxygen for U.S. Navy crews on multiple classes of nuclear-powered submarines and are being delivered under an exclusive contract.
The purchase order is part of an ongoing production contract with Collins Aerospace, and continues Nel’s history of supplying PEM electrolyser stacks for the production of life sustaining oxygen on board Navy submarines for over a decade. During the first half of 2020, Nel received additional orders for Navy stacks worth over $3.7M, bringing the total booked orders this year to over $9.1M.