Smoltek Nanotech Holding AB has announced a major development in its hydrogen solutions technology as a leading automotive manufacturer has placed an order for prototypes of Smoltek Hydrogen's nanostructure coating modified for fuel cells. This order signifies a notable achievement for Smoltek, being the second significant player in the automotive industry to show interest in their pioneering technology. Smoltek Hydrogen, a subsidiary of the Smoltek Group, has successfully developed a porous transport electrode for PEM electrolyzers that has garnered global attention for its ability to reduce iridium usage in electrolytic cells. By adapting the electrode's technology, it can now also be utilized in fuel cell applications. Ellinor Ehrnberg, the President of Smoltek Hydrogen, is optimistic about the project's potential success. She highlights that if the current project progresses well, there is a likelihood of more extensive collaborations and additional orders from the customer. The company's previous collaboration with a world-leading vehicle manufacturer earlier this year for a custom-made prototype has paved the way for this latest order. The evaluation process involves testing the technology in small centimeter-sized cells initially and then scaling up to 5×5 cm for durability assessments through long-term tests. Smoltek's confidence in their technology stems from offering unique solutions for both electrolyzers and fuel cells, setting the stage for more significant projects with their customers. Smoltek's core focus on nanotechnology and its extensive patent portfolio, including unique carbon nanotechnology patents, solidifies the company's position as a key player in addressing material engineering challenges in various industries. The company's shares are listed on the Spotlight Stock Market under the symbol SMOL, reflecting its commitment to innovation and technological advancement.