Hydrogen company Nel’s US subsidiary Nel Hydrogen US has received additional orders from Collins Aerospace for PEM electrolyzer stacks for life-support systems in submarines. The new orders concern US, British and French naval programs and are worth USD 7 million.
Together with the USD 12 million order announced on September 29, and smaller orders earlier in the month, Nel’s submarine-related order intake from Collins Aerospace amounts to USD 20 million.
Deliveries are expected to take place in 2027 and 2028. All orders will be recognized as order intake in the third quarter of 2026.
