PowerCell has recently inked a significant agreement worth SEK 44 million with a prominent Italian marine OEM for the development and supply of a cutting-edge high-power marine fuel cell system, the MS-500. This milestone agreement signifies the initial commercial commitment to PowerCell's next-generation stack platform, specially crafted to cater to the requirements of large-scale marine and industrial applications. Forecasts indicate that this deal will bring in revenues of SEK 11 million by 2025. The MS-500 system, designed to provide up to 1 MW of net electrical output via two integrated units, builds upon PowerCell's high-performance stack platform (HDS) that targets marine, aviation, and stationary power sectors. With a focus on containerized integration, this system is intended for auxiliary power onboard vessels, with future potential for expansion into main propulsion applications. Richard Berkling, CEO of PowerCell Group, highlighted the significance of this agreement in terms of scalability, precision, and continuous advancement within the marine fuel cell market. He emphasized the industry's transition from technical pilots to commercial adoption of zero-emission solutions, with this order indicating a heightened pace of development. The MS-500 is poised to meet class requirements and aims for type approval before its market debut in 2028. This project not only signifies the debut commercial order for PowerCell's MW-class fuel cell technology but also reflects the ongoing transformation in the maritime sector driven by market demand and regulatory mandates like the IMO's decarbonization objectives. Collaborating with an esteemed Italian OEM with extensive experience in marine system integration, PowerCell's latest endeavor signifies a notable stride towards enhanced energy efficiency, flexibility in installation, and environmental sustainability in the marine industry.