Improvement of 2024 Annual Results at Hopium

Hopium, a key player in the decarbonization of heavy-duty transport, has unveiled significantly improved annual results for 2024. The company has successfully developed an innovative 100 kW fuel cell stack that is 30% more compact and 20% lighter than its competitors. Real-world testing has confirmed the technology's commercial feasibility, attracting significant initial commercial interest.

The annual accounts reflect a drop in net losses to €10.5 million, compared to €30.7 million the previous year, thanks to a significant reduction in operating expenses. Hopium's continuation plan, approved by the Economic Activities Tribunal, reduced liabilities from €35 million to €9 million.

Strategically, Hopium is targeting niche markets, such as maritime and aeronautics, to finance the industrialization of its solutions. New applications, particularly for garbage trucks, are planned for 2025. The future looks promising, with industrial partnerships underway to bring its project to fruition by 2030.