DGAP-News: SFC Energy: Simark Controls signs EFOY business partnership agreement with Axsera for telecommunication applications across North America
DGAP-News: SFC Energy AG
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SFC Energy AG - Press Release SFC Energy: Simark Controls signs EFOY business partnership agreement with Axsera for telecommunication applications across North America - EFOY Pro fuel cells solutions are used as power source to ensure highly reliable operation of off-grid telecommunication applications. - Axsera will leverage their extended network in the North American telecommunications industry to promote the use of EFOY Pro fuel cell solutions for powering critical off-grid equipment. Brunnthal/Munich, Germany, November 25, 2019 - Simark Controls Ltd., a subsidiary of SFC Energy (F3C:DE, ISIN: DE0007568578), a leading provider of hybrid power solutions to the stationary and mobile power generation markets, has signed a partnership agreement with Axsera Inc., Montreal, Canada, for the commercialization of EFOY Pro fuel cell solutions for telecommunication applications across North America. Axsera, a trusted provider of technical services, telecommunications and remote power solutions with a vast industry network, will sell EFOY Pro solutions to provide highly reliable, fully autonomous power to critical off-grid telecommunications equipment in Canada and the U.S. The EFOY Pro solutions are used to ensure reliable operation of remote devices in any season and weather. In the context of the partnership agreement, Simark will integrate the robust EFOY Pro fuel cells into a wide variety of turnkey autonomous, fully automatic and highly reliable EFOY Pro solutions for Axsera's customers. Further information on the EFOY Pro energy solutions including application examples like the EFOY ProCabinet are available on efoy-pro.com. "Telecommunications equipment must operate reliably 24/7. This requires uninterrupted power availability. In the past, operators had to make tremendous logistics efforts and major investments to ensure that their equipment would never run out of power", says Mike Di Palma, Vice President of Sales at Axsera Inc. "EFOY Pro solutions free our customers from this hassle. They are fully autonomous and weather-independent, and they provide up to 12 months of power autonomy, saving the operators expensive site visits for replacing batteries or maintaining generators. And there is another feature driving our customers' interest: The EFOY Pro solutions are environmentally friendly. This offers major benefits in remote and protected areas. " "Our EFOY Pro solutions are fast becoming a gold standard for reliable off-grid power, in various vertical markets e.g. security, oil & gas and telecommunications , where power reliability is critical", says Martin Curtis, Managing Director of Simark Controls and President Oil & Gas of SFC Energy. "There are three reasons for their growing success: They are utterly flexible and can be customized and hybridized for 100% power reliability in even the most demanding application requirements. They are fully autonomous over long periods of time, enabling significant cost and logistics savings. And they feature ultimate environmental friendliness, helping operators meet environmental laws and regulations." SFC Energy is demonstrating its portfolio of direct methanol and hydrogen fuel cells for telecommunication applications at the International Trade Fair for Secure Communications, PMRExpo, in Cologne, Germany, from November 26-28, 2019. The SFC booth is in hall 10.2, booth FZG6. Additional information on SFC Energy's off-grid power portfolio for oil & gas, clean energy & mobility, industry and defense & security at sfc.com and efoy-pro.com. More information on Axsera at axsera.com. About SFC Energy Group
25.11.2019 Dissemination of a Corporate News, transmitted by DGAP - a service of EQS Group AG. |
Language: | English |
Company: | SFC Energy AG |
Eugen-Saenger-Ring 7 | |
85649 Brunnthal | |
Germany | |
Phone: | +49 (89) 673 592 - 100 |
Fax: | +49 (89) 673 592 - 169 |
E-mail: | [email protected] |
Internet: | www.sfc.com |
ISIN: | DE0007568578 |
WKN: | 756857 |
Listed: | Regulated Market in Frankfurt (Prime Standard); Regulated Unofficial Market in Berlin, Dusseldorf, Hamburg, Munich, Stuttgart, Tradegate Exchange |
EQS News ID: | 920311 |
End of News | DGAP News Service |
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920311 25.11.2019
Sfc Energy AG Stock
We see a rather positive sentiment for Sfc Energy AG with 7 Buy predictions and 1 Sell predictions.
With a target price of 25 € there is a slightly positive potential of 19.9% for Sfc Energy AG compared to the current price of 20.85 €.