Accelerator Pilot Grant: EUR 1.48M
(PRESS RELEASE) LAUSANNE, Switzerland, 3-Mar-2020 — /EuropaWire/ — EH Group Engineering AG is pleased to announce that it has been awarded a grant from the European Commission as part of the highly competitive Horizon 2020 Accelerator program to boost the development of our innovative fuel cell technology. The project, which is planned for a duration of two years has an overall budget of EUR 2.1M and is focused on bringing our fuel cell technology to mass commercialisation.
EH Group’s core fuel cell technology is based on:
In the words of Mardit Matian, founder of EH Group, “One of the major historical and current challenges of commercialising fuel cell technology has been cost. We believe EH Group will significantly influence the market by achieving significant cost reductions and hence more rapid industrialisation of hydrogen-based technology. Our product offering can be used in stationary applications such as commercial buildings, data centres, etc. Furthermore, due to its compactness, our technology will be a front-running candidate for mobile applications (buses, trucks, forklifts, trains, ferries, etc.) where weight and volume reduction are two key criteria.”
EH Group Engineering AG, based near Lausanne, Switzerland was founded in 2017. It is focused on the design, development and production of an innovative fuel cell technology. In addition, EH Group provides engineering services relating to hydrogen mobility and stationary projects, as well as innovative technology for the production of hydrogen.
This project has received funding from the European Union’s Horizon research and innovation programme under grant agreement No. 945810 – EHSTACK.
For further information please, visit www.ehgroup.ch or contact us at info@ehgroup.ch.
Media contacts:
EH GROUP Engineering AG
Chemin du Closel, 5
1020 Renens
Switzerland
+41 79 585 3000
info@ehgroup.ch
SOURCE: EH GROUP Engineering AG
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