Roger Bell's questions to ADVENT TECHNOLOGIES HOLDINGS (ADN) leadership • Q3 2023
Question
Roger Bell asked about the production and revenue generation timeline for the Green HiPo project once funding commences, and inquired about the general structure of partnerships with downstream customers, specifically regarding equity, funding obligations, and potential royalty models.
Answer
Vasilis Gregoriou stated that they are ready to move very fast on the Green HiPo project as soon as funding is received, as they have been waiting for nearly a year. Regarding partnerships, he explained that the current model involves Advent providing technology to accelerate development with major partners. The long-term strategy is to license their technology to large manufacturers in sectors like automotive and aerospace for high-margin royalty revenue, while also continuing to sell complete systems.