Another £1 billion company for AIM | Fuel cell potential and more
AIM welcomed two newcomers, with the valuation of one rising to over £1 billion. Elsewhere, there were fantastic results from a COVID-19 testing specialist and an online retailer of musical instruments.
Proton Motor Power Systems: MoU to develop fuel cell truck Proton Motor Power Systems (LON: PPS), the developer and producer of hydrogen fuel cells and electric hybrid systems has signed a Memorandum of Understanding with Electra Commercial Vehicles to develop the zero emission fuel cell truck market in the UK and Ireland. Our updated premium article here ‘This lesser-known hydrogen fuel cell company looks interesting’ provides an in-depth look into Proton Motor. Two interesting newcomers to AIM Spectral MD Holdings (LON:SMD), a predictive analytics group that develops proprietary AI algorithms and optical technology for faster treatment decisions in wound care,…