Plastic Omnium (FR:OPM) has released an update.
Don't Miss our Black Friday Offers:
- Unlock your investing potential with TipRanks Premium - Now At 40% OFF!
- Make smarter investments with weekly expert stock picks from the Smart Investor Newsletter
OPmobility, formerly known as Plastic Omnium, has secured a significant contract with Stadler to supply hydrogen storage and fuel cell systems for Italy’s first hydrogen-powered regional trains. The company will provide eight high-pressure hydrogen storage systems per train and four 150-kW fuel cell systems, utilizing NM12 Twin fuel cell stacks developed by EKPO joint venture for efficient electricity generation. This contract underlines OPmobility’s role as a leader in hydrogen mobility and its commitment to decarbonizing heavy transport, with expectations of increasing deliveries in the coming years.
For further insights into FR:OPM stock, check out TipRanks’ Stock Analysis page.
