In Moscow, the Russian company AT Energy and the Slovak technology company Litech signed a Memorandum of Cooperation. The companies plan to implement projects based on the AT Energy technologies in order to enter the European market.
As part of the cooperation, it is planned to carry out joint engineering, designing, development and delivery of innovative solutions in the field of energy sources for various industries based on the technologies and products of AT Energy on the territory of the European Union.
"We implement an exit strategy targeted at the European market. We believe that the Litech Company is a promising partner," the AT Energy CEO Danila Shaposhnikov commented on signing an agreement with Litech.
The Litech Company Director Jozef Žarnovičan said, "We believe that the technology of fuel cell production developed by the AT Energy company is very promising and we see great opportunities of its application, particularly in the aviation industry. This technology is fully integrated into the mainstream of the Litech company's main activity aimed at the introduction of new advanced technologies in Europe. We are convinced that cooperation with the AT Energy company will also benefit the development of transport, energy independence and addressing the issues related to the environmental improvement in Europe."
AT Energy is an innovation company that owns a number of technologies and produces hydrogen-air fuel cells, as well as develops the end products and articles based thereon.
Litech is a technology company, which is engaged in the introduction of new technologies and developments into the European Union.