{"success":true,"data":{"pressRelease":{"id":"154747","rtpr_id":"nWkryrYFX-20260929","ticker":"NEL","exchange":"Oslo Børs","all_tickers":["NEL"],"title":"Nel ASA: Receives purchase order from Collins Aerospace for US Navy stacks","author":"Cision","published_at":"2026-09-29T05:49:00.895Z","article_body":"NEL ASA\n(September 29, 2026 – Oslo, Norway) Nel Hydrogen US, a subsidiary of Nel ASA\n(Nel, OSE:NEL), has received a new purchase order from Collins Aerospace for\nPEM electrolyser stacks. The equipment will be used to generate oxygen for\nlife-support systems used on US submarines. The purchase order has a value of\napproximately USD 12 million.\n\n“We are pleased to receive another order from Collins Aerospace. It extends\na long-standing cooperation built around reliable oxygen generation for\ndemanding submarine applications,” says Nel’s Chief Commercial Officer,\nTodd Cartwright. “Our Wallingford team has supplied this specialized\napplication over many years. This order confirms the continued relevance of\nour PEM technology and manufacturing capabilities,” he says.\n\nThe order reflects growing momentum for Nel’s technology in defence\napplications, where reliability, operational resilience and a long service\nlife are paramount. In environments where failure is not an option, the\ncontinued trust from Collins Aerospace underscores the company's engineering\ntrack record and confirms Nel's position as a dependable partner for critical\nlife support systems.\n\nDeliveries are expected to take place throughout 2027 and 2028. The stacks\nwill be manufactured at Nel’s facility in Wallingford, Connecticut.\n\nENDS\n \n\nFor additional information, please contact:\nKjell Christian Bjørnsen, CFO, +47 917 02 097\nWilhelm Flinder, Head of Investor Relations, Communications & Marketing +47\n936 11 350\n\nAbout Nel ASA | www.nelhydrogen.com\nNel has a history tracing back to 1927 and is today a leading pure play\nhydrogen technology company with a global presence. The company specializes in\nPEM and Alkaline electrolyser technology for production of renewable hydrogen.\nNel’s product offerings are key enablers for a green hydrogen economy,\nmaking it possible to decarbonize various industries such as transportation,\nrefining, steel, and ammonia.\n\nThis information is subject to a duty of disclosure pursuant to Section 5-12\nof the Norwegian Securities Trading Act. This information was issued as inside\ninformation pursuant to the EU Market Abuse Regulation, and was published by\nWilhelm Flinder, Head of Investor Relations, Communications and Marketing, at\nNel ASA on the date and time provided.\n\nhttps://news.cision.com/nel-asa/r/nel-asa--receives-purchase-order-from-collins-aerospace-for-us-navy-stacks%2Cc4401852\n\nRelease (https://mb.cision.com/Main/115/4401852/4291849.pdf)\n\n\n\n(c) Cision 2026","article_body_html":"","raw_payload":{"data":{"id":"nWkryrYFX-20260929","title":"Nel ASA: Receives purchase order from Collins Aerospace for US Navy stacks","author":"Cision","ticker":"NEL","created":"2026-09-29T05:49:00.895Z","tickers":["NEL"],"exchange":"Oslo Børs","article_body":"NEL ASA\n(September 29, 2026 – Oslo, Norway) Nel Hydrogen US, a subsidiary of Nel ASA\n(Nel, OSE:NEL), has received a new purchase order from Collins Aerospace for\nPEM electrolyser stacks. The equipment will be used to generate oxygen for\nlife-support systems used on US submarines. The purchase order has a value of\napproximately USD 12 million.\n\n“We are pleased to receive another order from Collins Aerospace. It extends\na long-standing cooperation built around reliable oxygen generation for\ndemanding submarine applications,” says Nel’s Chief Commercial Officer,\nTodd Cartwright. “Our Wallingford team has supplied this specialized\napplication over many years. This order confirms the continued relevance of\nour PEM technology and manufacturing capabilities,” he says.\n\nThe order reflects growing momentum for Nel’s technology in defence\napplications, where reliability, operational resilience and a long service\nlife are paramount. In environments where failure is not an option, the\ncontinued trust from Collins Aerospace underscores the company's engineering\ntrack record and confirms Nel's position as a dependable partner for critical\nlife support systems.\n\nDeliveries are expected to take place throughout 2027 and 2028. The stacks\nwill be manufactured at Nel’s facility in Wallingford, Connecticut.\n\nENDS\n \n\nFor additional information, please contact:\nKjell Christian Bjørnsen, CFO, +47 917 02 097\nWilhelm Flinder, Head of Investor Relations, Communications & Marketing +47\n936 11 350\n\nAbout Nel ASA | www.nelhydrogen.com\nNel has a history tracing back to 1927 and is today a leading pure play\nhydrogen technology company with a global presence. The company specializes in\nPEM and Alkaline electrolyser technology for production of renewable hydrogen.\nNel’s product offerings are key enablers for a green hydrogen economy,\nmaking it possible to decarbonize various industries such as transportation,\nrefining, steel, and ammonia.\n\nThis information is subject to a duty of disclosure pursuant to Section 5-12\nof the Norwegian Securities Trading Act. This information was issued as inside\ninformation pursuant to the EU Market Abuse Regulation, and was published by\nWilhelm Flinder, Head of Investor Relations, Communications and Marketing, at\nNel ASA on the date and time provided.\n\nhttps://news.cision.com/nel-asa/r/nel-asa--receives-purchase-order-from-collins-aerospace-for-us-navy-stacks%2Cc4401852\n\nRelease (https://mb.cision.com/Main/115/4401852/4291849.pdf)\n\n\n\n(c) Cision 2026"},"type":"article","timestamp":"2026-09-29T05:49:00.989982438Z","server_sent_at_ms":1790660940989},"received_at":"2026-09-29T05:49:01.060Z","source_url":"https://news.cision.com/nel-asa/r/nel-asa--receives-purchase-order-from-collins-aerospace-for-us-navy-stacks%2Cc4401852"},"analysis":{"id":"143503","press_release_id":"154747","analysis_json":{"industry":{"label":"Electrical Equipment","sector":"Industrials"},"redFlags":[],"eventType":"operations_update","narrative":"Nel Hydrogen US, a subsidiary of Nel ASA, received a purchase order from Collins Aerospace valued at approximately USD 12 million for PEM electrolyser stacks.\n\nThe stacks will generate oxygen for life-support systems on US submarines, with deliveries expected through 2027-2028 from Nel's Wallingford, Connecticut facility.\n\nThe order extends a long-standing defence relationship and underscores growing momentum for Nel's PEM technology in mission-critical applications.","sentiment":"bullish","agentHooks":{"shouldPost":true,"suggestedAngle":"Defence demand is becoming a real second leg for Nel's PEM stack business -- USD 12M US Navy-related order via Collins Aerospace."},"keyFigures":{"dealValueUsd":12000000,"customDimensions":{"delivery_window":"2027-2028","manufacturing_site":"Wallingford, Connecticut"}},"quotedText":"We are pleased to receive another order from Collins Aerospace. It extends a long-standing cooperation built around reliable oxygen generation for demanding submarine applications","namedEntities":{"people":[{"name":"Todd Cartwright","role":"Chief Commercial Officer"},{"name":"Kjell Christian Bjørnsen","role":"CFO"},{"name":"Wilhelm Flinder","role":"Head of Investor Relations, Communications & Marketing"}],"products":["PEM electrolyser stacks"],"companies":[{"name":"Nel ASA","ticker":"NEL","relationship":"filer"},{"name":"Nel Hydrogen US","relationship":"subsidiary"},{"name":"Collins Aerospace","relationship":"customer"}],"dollarAmounts":[{"amount":"USD 12 million","context":"purchase order value from Collins Aerospace"}]},"materialImpact":{"score":3,"reasoning":"New ~USD 12 million purchase order from Collins Aerospace for PEM electrolyser stacks used in US Navy submarine life-support systems. Material enough to be disclosed as inside information under Norwegian rules, but a routine contract win relative to Nel's overall business."},"tickerRelevance":{"others":[],"primary":"NEL"},"globalImportance":25,"audienceRelevance":25,"eventTypeSecondary":[],"importanceComponents":{"dealSize":"USD 12M","tickerTier":"mid-cap","defenceAngle":"modest positive","eventGravity":"routine-contract-win","sectorWeight":"hydrogen/industrial"}},"event_type":"operations_update","event_type_secondary":null,"sentiment":"bullish","material_impact_score":3,"narrative":"Nel Hydrogen US, a subsidiary of Nel ASA, received a purchase order from Collins Aerospace valued at approximately USD 12 million for PEM electrolyser stacks.\n\nThe stacks will generate oxygen for life-support systems on US submarines, with deliveries expected through 2027-2028 from Nel's Wallingford, Connecticut facility.\n\nThe order extends a long-standing defence relationship and underscores growing momentum for Nel's PEM technology in mission-critical applications.","key_figures":{"dealValueUsd":12000000,"customDimensions":{"delivery_window":"2027-2028","manufacturing_site":"Wallingford, Connecticut"}},"named_entities":{"people":[{"name":"Todd Cartwright","role":"Chief Commercial Officer"},{"name":"Kjell Christian Bjørnsen","role":"CFO"},{"name":"Wilhelm Flinder","role":"Head of Investor Relations, Communications & Marketing"}],"products":["PEM electrolyser stacks"],"companies":[{"name":"Nel ASA","ticker":"NEL","relationship":"filer"},{"name":"Nel Hydrogen US","relationship":"subsidiary"},{"name":"Collins Aerospace","relationship":"customer"}],"dollarAmounts":[{"amount":"USD 12 million","context":"purchase order value from Collins Aerospace"}]},"model_name":"glm-5.3-flashx","prompt_hash":"sha256:727b4b9429a443af","schema_hash":"sha256:05005c02d9cffac9","created_at":"2026-09-29T05:49:06.867Z","global_importance":25,"audience_relevance":25,"importance_components":{"dealSize":"USD 12M","tickerTier":"mid-cap","defenceAngle":"modest positive","eventGravity":"routine-contract-win","sectorWeight":"hydrogen/industrial"}},"durationMs":5794,"modelName":"glm-5.3-flashx"}}