we receive e we publish the following Press release spread by Mare Group.
Mare Group SpA (ticker MARE.MI), a high-tech engineering company listed on Euronext Growth Milan and active in Italy and abroad in innovation through proprietary platforms (“Mare Group” or the “Company”), announces that it has been selected for the execution of a European technology program dedicated tohydrogen aviation, funded by the European Commission.
Mare Group will develop the liquid hydrogen distribution system from the tank to the fuel cell with a predictive control component based on Artificial intelligence, taking care of the design, experimental testing of components and integrating the results into a ground demonstrator.
The amount allocated to Mare Group is 739.250 euros, for activities of expected duration of 42 monthsThis is a further extension of the development of cryogenic tanks for liquid hydrogen in the Clean Aviation programs already underway, allowing Mare Group to cover the entire onboard liquid hydrogen supply chain from storage to distribution.
The path already undertaken by Mare Group in the context of sustainable aviation aims to build industrial skills and capabilities transferable beyond the aeronautical sector.
Luigi Di Palma, General Manager of Mare Group, stated: “Since 2024, we have been investing in the hydrogen supply chain, starting with aviation, in a market that is just emerging: according to the most reliable estimates, by 2030, the European hydrogen aircraft market will exceed $3 billion and the hydrogen mobility market will exceed $50 billion. It is essential to get there with technologies already developed and validated, from storage to distribution, and with prospects that extend from aviation to transportation and, in the dual-use sector, to hybrid-electric fuel cell systems.”
