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GenCell to Supply Tens of Backup Systems and Services to a Leading European Telecom Company in a US$4.9M Deal

By June 3, 2024 2   min read  (261 words)

June 3, 2024 |

GenCell to Supply Tens of Backup Systems and Services to a Leading European Telecom Company in a US4.9M Deal

The deal entails the delivery of dozens of hydrogen-fueled backup systems and related maintenance services; the GenCell® BOX emergency backup power systems will ensure 72 hours operational continuity at remote distributed communications sites during power outages.

GenCelltoSupplyTensofBackupSystemsandServicestoaLeadingEuropeanTelecomCompanyinaUS4.9MDeal ezgif.com webp to jpg converterGenCell is proud to announce that on May, 28, 2024, upon being selected by a leading European telecom company as the preferred supplier to provide fuel cell products and related services, GenCell signed an agreement with the telecom company to deliver, install and maintain for a minimum period of 6 years multiple GenCell® BOX emergency backup power systems to ensure 72 hours of operational continuity during power outages at dozens of remote distributed communications sites. The deal is valued at approximately US$4.9 million. Delivery and deployment is expected to take place in 2024-2025.

Commented Rami Reshef, CEO GenCell: “With the climate and energy supply challenges facing Europe and the world, we are proud of this recognition and trust that our solutions are winning from one of Europe’s most important telecom companies. This project comes after substantial investment by GenCell in delivering the ultimate solutions to the world’s leading global telecom providers, and we consider this win to be an important milestone that may lead to additional such business in future.”

This deal has been signed six months following GenCell’s announcement regarding a repeat order in the amount of some US$4.5 million from another major customer, the national power utility of the State of Mexico CFE, the largest utility in North America.

 

SOURCE: GenCell

 

 

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