PowerCell has signed a SEK-44 million (US$4.65-million) agreement with a leading Italian marine OEM for the development and delivery of a new high-power marine fuel cell system. The order represents the first commercial commitment to PowerCell’s next-generation stack platform, developed to meet the demands of large-scale marine and industrial applications. It is expected to generate SEK 11 million (US$1.126 million) in revenue in 2025.

The new system, designated MS-500, will deliver up to 1 MW of net electrical output through two integrated units. It builds on PowerCell’s high-performance stack platform (HDS), developed for marine, aviation, and stationary power segments. The system is designed for containerized integration and will serve as auxiliary power on board, with potential to scale into main propulsion in future applications.

The MS-500 system will be tailored to meet class requirements and is expected to be type-approved ahead of market introduction in 2028. Compared to previous platforms, it delivers significantly higher output within the same physical footprint, enabling more flexible installation and improved energy efficiency for shipowners and system integrators.

This project marks the first commercial order for PowerCell’s MW-class fuel cell technology and is carried out in partnership with a leading Italian OEM with deep experience in marine system integration. It reflects the accelerating shift in the maritime industry, driven by commercial demand and reinforced by regulatory frameworks such as the IMO’s targets, not only for decarbonization, but also for significantly reducing hazardous emissions such as NOₓ, SOₓ and particulate matter.