Advent Technologies completed the acquisition of UltraCell.

Advent Technologies, an innovation-driven company in the fuel cell and hydrogen technology space, completed the acquisition of UltraCell, the fuel cell division of Bren-Tronics, a one-stop-shop for energy storage applications. Financial terms were not disclosed. “This is a high-value acquisition to extend our range in the fuel cell market. One of the first principles in technology deals is having the right people, and the two teams in this transaction know and respect each other well. The UltraCell operation is very active with its product development and is expected to bring quality revenue to Advent. Our decision to retain and expand the facilities in Livermore, California, is a testament to our Made in the USA plan," Bill Hunter, Advent Technologies CFO & President.