Half-year results 2024: HOPIUM improving

On October 30, 2024, HOPIUM published its half-year results for 2024. Although the company is still not generating revenue, it has managed to reduce its losses. The efforts of strategic reorientation towards the development of hydrogen fuel cells for heavy mobility are starting to bear fruit.

In July, road tests of their 100 kW stack were successfully completed, confirming its compactness and lightness. Commercialization readiness is planned for early 2025, marking a crucial step for the company's future.

Cost-cutting efforts and lower personnel costs helped reduce net income to a deficit of €3.6 million, compared to €24.7 million in the same period in 2023. The company is continuing its strategy by targeting niche markets to finance its development.