Nel ASA: Secures additional orders for submarine PEM electrolyser stacks
(September 30, 2026 – Oslo, Norway) Nel Hydrogen US, a subsidiary of Nel ASA (Nel, OSE: NEL), has secured additional purchase orders from Collins Aerospace for PEM electrolyser stacks used in submarine life-support systems. In aggregate, the newly received orders related to US, UK and French naval programs have a value of approximately USD 7 million. Together with the USD 12 million purchase order announced on September 29, 2026, and additional smaller orders received earlier this month, Nel's submarine-related order intake from Collins Aerospace totals approximately USD 20 million. All