Sprintex Ltd (ASX:SIX) MD Jay Upton tells Proactive the company has received an initial order for high-speed electric fuel cell compressors from blue chip engineering consultancy Ricardo UK Limited. The order is part of a European Union Government funded initiative called the Sustainable Hydrogen Powered Shipping Project which aims to support the decarbonisation of the shipping industry.
Sprintex expects close to $1.5 million revenue from new hydrogen shipping trial