| ITM Power
plc (AIM:ITM), the technology and research company focused on the commercialisation
of the hydrogen economy, is pleased to announce that it has signed an agreement
with Boeing Research & Technology Europe S.L. to prepare a Preliminary
Design of an Environmentally Friendly Refuelling Station for Fuel Cell
Powered Unmanned Air Vehicles.
Jim Heathcote, CEO ITM Power, said:
"We are pleased to be working with
Boeing and believe this is an interesting agreement for both parties. At
the moment, this does not imply a commercial tie-up, does not guarantee
any on-going commercial relationship and is a small financial transaction,
but it does represent early stage commercial revenues for ITM."
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