Oslo – October 13, 2026 -- Nel Hydrogen US, a subsidiary of Nel ASA (OSE: NEL), has received a purchase order worth about USD 12 million from an undisclosed U.S.-based global technology company for multiple containerized PEM electrolyser units and related services.

Order covers MC-series units with delivery estimated in 2027

The order is for Nel's MC-series, a containerized PEM electrolyser platform built for on-site hydrogen production. Delivery is estimated for 2027. The customer's name was not disclosed.

Oslo – October 13, 2026 -- Nel ASA and Rheinmetall AG have signed a non-binding Memorandum of Understanding to explore decentralised production of low-carbon synthetic fuels for defence and critical infrastructure, starting with the Norwegian market.

Pune – October 01, 2026 -- The global water electrolysis market reached USD 7.43 billion in 2025 and is projected to climb to USD 12.66 billion by 2034, a 6.1% CAGR through the forecast period, according to a new report from Maximize Market Research (MMR).

Oslo – September 30, 2026 -- Nel ASA's US subsidiary, Nel Hydrogen US, has secured approximately USD 7 million in new purchase orders from Collins Aerospace for PEM electrolyser stacks used in submarine life-support systems, pushing the company's total submarine-related order intake from Collins Aerospace to roughly USD 20 million this quarter.

Oslo, Norway – September 29, 2026 -- Nel ASA has secured a purchase order worth approximately USD 12 million from Collins Aerospace for PEM electrolyser stacks destined for US Navy submarine life-support systems. The order was placed through Nel Hydrogen US, a subsidiary of the Oslo-listed hydrogen technology company (OSE: NEL).

Oslo – September 15, 2026 -- Nel ASA (OSE: NEL) has signed a framework agreement with Hydrasun to build a dedicated European assembly and integration facility for its modular MC Series PEM electrolyser platform, adding capacity beyond its existing US operations.