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Redeye is happy to see Powercell signing a deal with ZeroAvia for future volume production of fuel cell systems. The agreement includes up to 5000 stacks with an order value around SEK 1.5 billion, conditioned on ZeroAvia obtaining necessary certifications. If all goes to plan, this could be Powercell’s most important business deal in the coming years, alongside the Bosch agreement. As our financial forecasts already include significant growth, we are not making any further adjustments at this point. We do however grow more confident in our optimistic view.
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