Advent Technologies Announces New VP of Business Development
11 March 2022 - 12:50AM
Business Wire
Advent Technologies Holdings, Inc. (NASDAQ: ADN) (“Advent” or
the “Company”), an innovation-driven leader in the fuel cell and
hydrogen technology space, is pleased to announce that Vasilis
Kopelas has joined the company as Vice President of Business
Development (Green Mobility), based in Athens, Greece.
Mr. Kopelas holds extensive experience in the automotive and
fuel cell industries, having established a successful 15-year
career working for Toyota Motor Europe, serving in multiple senior
roles across different functions, such as R&D, Sales &
Marketing, Business Strategy, and countries, including Belgium,
Japan, and Russia.
Over the past 2 years, Mr. Kopelas served as Manager (Business
Development) of Toyota Motor’s Fuel Cells Business Group in
Brussels Belgium, being responsible for the corporate fuel cell
strategy development, the popularization of fuel cell technology
solutions in a variety of sectors and applications, actively
contributing to Toyota’s vision towards the creation of a hydrogen
society in the EU region.
“Vasilis already has an impressive career in the automotive and
fuel cell industries, and we expect him to be a valuable addition
to our team. His role will be focusing on strategically developing
our offerings for new markets, as well as increasing the supply of
our vast range of clean and reliable fuel cell solutions at a
global scale,” said Advent’s Chief Marketing Officer, Chris
Kaskavelis.
“One of Advent’s main goals is to positively contribute to the
global decarbonization efforts, by offering solutions that
significantly cut emissions and increase efficiency. Vasilis’s
extensive knowledge and global experience will help us in securing
Joint Development Agreements of high strategic importance for the
company. We are thrilled to welcome him to the Advent team and look
forward to collaborating with him,” Mr. Kaskavelis added.
Mr. Kopelas stated, “I am proud and excited to be joining Advent
in its mission towards global decarbonization through innovative
fuel cell technology. I am eager to use my years of experience to
bring their current and future products to market and establish
lasting and sustainable partnerships that will further validate
Advent’s leading position in the fuel cell industry.”
###
About Advent Technologies Holdings, Inc.
Advent Technologies Holdings, Inc. is a U.S. corporation that
develops, manufactures, and assembles complete fuel cell systems as
well as supplying customers with critical components for fuel cells
in the renewable energy sector. Advent is headquartered in Boston,
Massachusetts, with offices in California, Greece, Denmark,
Germany, and the Philippines. With more than 100 patents issued and
licensed for its fuel cell technology, Advent holds the IP for
next-generation HT-PEM that enables various fuels to function at
high temperatures and under extreme conditions – offering a
flexible “Any Fuel. Anywhere.” option for the automotive, aviation,
defense, oil and gas, marine, and power generation sectors. For
more information, visit www.advent.energy.
Cautionary Note Regarding Forward-Looking Statements
This press release includes forward-looking statements. These
forward-looking statements generally can be identified by the use
of words such as “anticipate,” “expect,” “plan,” “could,” “may,”
“will,” “believe,” “estimate,” “forecast,” “goal,” “project,” and
other words of similar meaning. Each forward-looking statement
contained in this press release is subject to risks and
uncertainties that could cause actual results to differ materially
from those expressed or implied by such statement. Applicable risks
and uncertainties include, among others, the Company’s ability to
maintain the listing of the Company’s common stock on Nasdaq;
future financial performance; public securities’ potential
liquidity and trading; impact from the outcome of any known and
unknown litigation; ability to forecast and maintain an adequate
rate of revenue growth and appropriately plan its expenses;
expectations regarding future expenditures; future mix of revenue
and effect on gross margins; attraction and retention of qualified
directors, officers, employees and key personnel; ability to
compete effectively in a competitive industry; ability to protect
and enhance Advent’s corporate reputation and brand; expectations
concerning its relationships and actions with technology partners
and other third parties; impact from future regulatory, judicial
and legislative changes to the industry; ability to locate and
acquire complementary technologies or services and integrate those
into the Company’s business; future arrangements with, or
investments in, other entities or associations; and intense
competition and competitive pressure from other companies worldwide
in the industries in which the Company will operate; and the risks
identified under the heading “Risk Factors” in Advent’s Annual
Report on Form 10-K/A filed with the Securities and Exchange
Commission on May 20, 2021, as well as the other information filed
with the SEC. Investors are cautioned not to place considerable
reliance on the forward-looking statements contained in this press
release. You are encouraged to read Advent’s filings with the SEC,
available at www.sec.gov, for a discussion of these and other risks
and uncertainties. The forward-looking statements in this press
release speak only as of the date of this document, and the Company
undertakes no obligation to update or revise any of these
statements. Advent’s business is subject to substantial risks and
uncertainties, including those referenced above. Investors,
potential investors, and others should give careful consideration
to these risks and uncertainties.
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version on businesswire.com: https://www.businesswire.com/news/home/20220310005589/en/
Advent Technologies Holdings, Inc. Elisabeth Maragoula / Chris
Kaskavelis press@advent.energy
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