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Advent Technologies and Stralis announce Pioneering Relationship to Advance Hydrogen Electric Flight

LIVERMORE, Calif., Aug. 18, 2025 (GLOBE NEWSWIRE) -- Advent Technologies Holdings, Inc. (NASDAQ: ADN) an innovation-driven leader in the fuel cell and hydrogen technology sector, is supplying its proprietary membrane electrode assembly technology to Stralis Aircraft, based in Australia, for their hydrogen electric Beechcraft Bonanza aircraft.

Emory De Castro, the Chief Technology Officer of the Company stated, “we continue to work closely with the team at Stralis on their next generation high temperature (HT-PEM) fuel cells for their hydrogen electric propulsion system. Advent’s HT-PEM membrane electrode assembly is an integral part of the fuel cell, and our technology enables the engines to be efficiently cooled with smaller radiators that reduces weight and drag on the aircraft.”

Stuart Johnstone, Chief Technology Officer and Co-founder says: “We are proud to be working with Advent in the USA to develop our fuel cell system for aircraft. Thanks to this tech, our system is significantly lighter than existing alternatives, which is what is needed for aircraft. We enable aircraft to fly more than ten times further than battery-electric solutions at a lower cost than fossil-fuel-powered planes. We are already testing our hydrogen-electric propulsion system on the ground and plan to achieve first flight of our six-seat technology demonstrator aircraft later this year.”

Hydrogen electric propulsion systems have fewer moving parts and operate at lower temperatures compared to existing aircraft engines, which is predicted to reduce engine maintenance costs by between 40-60%. Hydrogen-electric propulsion systems can replace batteries on existing electric aircraft and eVTOL, retrofit into piston or turboprop aircraft, incorporated into clean sheet designs or even as auxiliary power units (APUs) onboard larger aircraft.

Gary Herman the CEO of Advent stated, “Our membrane technology is unsurpassed and offers a versatile clean energy solution across multiple industries including aviation, marine, automotive, and defense.”

About Advent Technologies Holdings, Inc.

Advent Technologies Holdings, Inc. is a U.S. corporation that develops, manufactures, and assembles complete fuel cell systems as well as supplying customers with critical components for fuel cells in the renewable energy sector. Advent is headquartered in Livermore, CA, with offices in Athens and Patras Greece. With approximately150 patents issued, pending, and/or licensed for fuel cell technology, Advent holds the IP for next-generation HT-PEM that enables various fuels to function at high temperatures and under extreme conditions, suitable for the automotive, aviation, defense, oil and gas, marine, and power generation sectors. For more information, visit www.advent.energy.

For more information, please contact:
Advent Technologies Holdings, Inc.
Press@advent.energy

About Stralis Aircraft

Stralis Aircraft is based in Australia, and is aiming to be the world's leading emission-free aircraft company, producing high-performance, low-operating cost, hydrogen-electric propulsion systems and aircraft at scale. The propulsion system incorporates their proprietary high-temperature next-generation fuel cell system that is six times lighter than automotive fuel cell systems. Their hydrogen-electric aircraft will travel ten times further than battery-electric alternatives and will be cheaper to operate than fossil fuel-powered aircraft. Stralis has letters of intent to buy the aircraft from airlines across Australia, New Zealand, Asia, the USA, and Europe.

www.stralis.aero/

Stralis Media Kit
For more information, please contact:
Emma Whittlesea, Head of Partnerships, Stralis Aircraft
ew@stralis.aero  
+61 411 530941

Cautionary Note Regarding Forward-Looking Statements
This press release includes forward-looking statements. These forward-looking statements generally can be identified by the use of words such as “anticipate,” “expect,” “plan,” “could,” “may,” “will,” “believe,” “estimate,” “forecast,” “goal,” “project,” and other words of similar meaning. Each forward-looking statement contained in this press release is subject to risks and uncertainties that could cause actual results to differ materially from those expressed or implied by such statement. Applicable risks and uncertainties include, among others, the Company’s ability to maintain the listing of the Company’s common stock on Nasdaq; future financial performance; public securities’ potential liquidity and trading; impact from the outcome of any known and unknown litigation; ability to forecast and maintain an adequate rate of revenue growth and appropriately plan its expenses; expectations regarding future expenditures; future mix of revenue and effect on gross margins; attraction and retention of qualified directors, officers, employees and key personnel; ability to compete effectively in a competitive industry; ability to protect and enhance Advent’s corporate reputation and brand; expectations concerning its relationships and actions with technology partners and other third parties; impact from future regulatory, judicial and legislative changes to the industry; ability to locate and acquire complementary technologies or services and integrate those into the Company’s business; future arrangements with, or investments in, other entities or associations; and intense competition and competitive pressure from other companies worldwide in the industries in which the Company will operate; and the risks identified under the heading “Risk Factors” in Advent’s Annual Report on Form 10-K filed with the Securities and Exchange Commission (“SEC”) on June 6, 2025, as well as the other information filed with the SEC. Investors are cautioned not to place considerable reliance on the forward-looking statements contained in this press release. You are encouraged to read Advent’s filings with the SEC, available at www.sec.gov, for a discussion of these and other risks and uncertainties. The forward-looking statements in this press release speak only as of the date of this document, and the Company undertakes no obligation to update or revise any of these statements. Advent’s business is subject to substantial risks and uncertainties, including those referenced above. Investors, potential investors, and others should give careful consideration to these risks and uncertainties.


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