06 May 2024 12:06

Cell Impact has signed an agreement with Japanese F.C.C. for an extended collaboration. The new leasing agreement allows F.C.C. to continue demonstrating Cell Impact’s forming technology to customers and other stakeholders within the automotive industry and other relevant sectors.

This agreement is the result of successful tests of Cell Impact Forming™ conducted by F.C.C. Co., Ltd. and Cell Impact. The demonstration line has been installed at F.C.C. since February 2023. The leasing agreement is retroactive from October 2023 and extends initially through December 2024.

“Economically, it translates to revenues of 1.5 million SEK, and the real strength of the agreement lies in F.C.C.’s and Cell Impact’s ability to continue their demonstrations for companies in the automotive and other relevant industries," says Daniel Vallin, interim CEO of Cell Impact.

“Experiences from the demonstration line show that Cell Impact Forming enables the production of high-quality components in large volumes and at low cost.”

F.C.C. is a leading Japanese supplier of automotive components and specializes in pressing and coating, which are key functions in fuel cell technology. Some of the company’s strengths include its infrastructure and well-established networks within the automotive industry.

“F.C.C. is a global player, allowing the company to disseminate our technology to leading players in both the fuel cell and electrolysis sectors," concludes Daniel Vallin.

For more information, please contact:
Daniel Vallin
CEO and IR contact, Cell Impact AB (publ)
+46730686620 or daniel.vallin@cellimpact.com

About Cell Impact
Cell Impact AB (publ) is a global supplier of advanced flow plates to fuel cell and electrolyzer manufacturers. The company has developed and patented a unique method for high velocity forming, Cell Impact Forming™ which is significantly more scalable and cost-efficient compared to conventional forming methods. Cell Impact Forming is an environmentally friendly forming technology that consumes no water and very little electrical power.

The Cell Impact share is listed on Nasdaq First North Growth Market and FNCA Sweden AB is the company’s Certified Advisor (CA).