ITM Power shares jump over 35% on Rheinmetall deal

AIM movers: ITM Power NATO deal and Trafalgar Property becomes a shell

ITM Power (LON: ITM) has entered a strategic collaboration with Rheinmetall AG on the Giga PtX project to establish a European network of decentralised synthetic fuel production plants for NATO using the company’s electrolyser technology. There could be several hundred plants with an individual capacity of up to 50MW. The share price soared 42.4% to […] The post AIM movers: ITM Power NATO deal and Trafalgar Property becomes a shell appeared firs…

ITM Power shares jump over 35% on Rheinmetall deal

ITM Power plc shares surged more than 35% in early trading to 127.56p after the company announced a partnership with Rheinmetall AG on a defence-focused synthetic fuels initiative. The collaborationRead More...

ITM Power shares up 40% amid NATO fuel deal – Northern Financial Review

Shares of Sheffield-based green hydrogen firm ITM Power rose more than 40% on Friday after it announced a strategic collaboration with Düsseldorf-based Rheinmetall AG, an international technology group in the defence sector. The collaboration will focus on Rheinmetall’s Giga PtX project, which aims to establish a Europe-wide network of decentralised synthetic fuel production plants for the NATO armed forces, designed to strengthen defence energy…