AFC milking government praise
AFC Energy, the industrial fuel cell company, has highlighted its latest glowing assessment by the government sponsored technology innovation centre known as 'Catapult'.
AFC Energy, the industrial fuel cell company, has highlighted its latest glowing assessment by the government sponsored technology innovation centre known as 'Catapult'.
Inspector Dr Jon Helliwell said the "pace of development within AFC Energy appears to be accelerating and the company has clearly moved a long way from a proof of concept phase into demonstration and production.
"The company is delivering on both its technology road map and its commercial business plan."
Subscribe to MoneyWeek
Subscribe to MoneyWeek today and get your first six magazine issues absolutely FREE

Sign up to Money Morning
Don't miss the latest investment and personal finances news, market analysis, plus money-saving tips with our free twice-daily newsletter
Don't miss the latest investment and personal finances news, market analysis, plus money-saving tips with our free twice-daily newsletter
This is all very well, and the stock price has certainly jumped (up 2% in morning trading), but AFC has still fallen 24.4% since the beginning of the year.
BS
Sign up for MoneyWeek's newsletters
Get the latest financial news, insights and expert analysis from our award-winning MoneyWeek team, to help you understand what really matters when it comes to your finances.
-
Cash in on the growth prospects of Europe's companies
Opinion Marcel Stötzel, co-portfolio manager of the Fidelity European Trust, selects three stocks
By Marcel Stotzel Published
-
Is the AI boom another dotcom bubble?
25 years on from the dotcom bubble bursting, is it time for investors to consider the sustainability of the AI boom in the stock market?
By Dan McEvoy Published