logo
Advent Technologies Announces Dr. Ryan Pavlicek as General Manger of Livermore Facility

Advent Technologies Announces Dr. Ryan Pavlicek as General Manger of Livermore Facility

Globe and Mail12-05-2025
LIVERMORE, Calif., May 12, 2025 (GLOBE NEWSWIRE) -- Advent Technologies Holdings, Inc. (NASDAQ: ADN) ("Advent "or the "Company"), an innovation-driven leader in the fuel cell and hydrogen technology sector, is pleased to announce that Dr. Ryan Pavlicek has rejoined the Company as the General Manager of its Livermore facility.
Dr. Pavlicek previously served as a Senior Scientist, Product Manager, and Site Lead with Advent from 2018-2024. Prior to this, Dr. Pavlicek served as a Technology Manager with the Hydrogen and Fuel Cell Technologies Office at the U.S. Department of Energy. Dr. Pavlicek has more than 10 years experience developing and scaling fuel cell technologies, and was a key member leading the team developing the Ion Pair electrode within the DOE L'Innovator program, in partnership with Los Alamos National Lab, Brookhaven National Lab, and the National Renewable Energies Lab. Dr. Pavlicek holds a PhD in Chemistry from Northeastern University as well as a B.S. in Chemistry from Carnegie Mellon University.
Emory De Castro, Advent's Chief Technology Officer stated, 'We welcome the return of Dr. Pavlicek to the Company, Ryan was the second scientist Advent hired, and is well versed in commercializing advanced membrane electrode assemblies. We look forward to his shepherding Ion Pair Technology in our Honey Badger™ product line for in-the-field battery charging mission critical applications and working with the entire team on executing on the vision of Advent 2.0.'
Gary Herman the CEO of Advent stated, 'We are thrilled to have Dr. Pavlicek back on the Advent team. His experience and background in Ion Pair Technology and government programs will contribute to enhancing the Company's goal to increase the commercialization of our innovative and cutting-edge technology."
About Advent Technologies Holdings, Inc.
Advent Technologies Holdings, Inc. is a U.S. corporation that develops, manufactures, and assembles complete fuel cell systems as well as supplying customers with critical components for fuel cells in the renewable energy sector. Advent is headquartered in Livermore, CA, with offices in Athens and Patras Greece. With approximately 150 patents issued, pending, and/or licensed for fuel cell technology, Advent holds the IP for next-generation HT-PEM that enables various fuels to function at high temperatures and under extreme conditions, suitable for the automotive, aviation, defense, oil and gas, marine, and power generation sectors. For more information, visit www.advent.energy.
Cautionary Note Regarding Forward-Looking Statements
This press release includes forward-looking statements. These forward-looking statements generally can be identified by the use of words such as 'anticipate,' 'expect,' 'plan,' 'could,' 'may,' 'will,' 'believe,' 'estimate,' 'forecast,' 'goal,' 'project,' and other words of similar meaning. Each forward-looking statement contained in this press release is subject to risks and uncertainties that could cause actual results to differ materially from those expressed or implied by such statement. Applicable risks and uncertainties include, among others, the Company's ability to maintain the listing of the Company's common stock on Nasdaq; future financial performance; public securities' potential liquidity and trading; impact from the outcome of any known and unknown litigation; ability to forecast and maintain an adequate rate of revenue growth and appropriately plan its expenses; expectations regarding future expenditures; future mix of revenue and effect on gross margins; attraction and retention of qualified directors, officers, employees and key personnel; ability to compete effectively in a competitive industry; ability to protect and enhance Advent's corporate reputation and brand; expectations concerning its relationships and actions with technology partners and other third parties; impact from future regulatory, judicial and legislative changes to the industry; ability to locate and acquire complementary technologies or services and integrate those into the Company's business; future arrangements with, or investments in, other entities or associations; and intense competition and competitive pressure from other companies worldwide in the industries in which the Company will operate; and the risks identified under the heading 'Risk Factors' in Advent's Annual Report on Form 10-K filed with the Securities and Exchange Commission ('SEC') on August 13, 2024, as well as the other information filed with the SEC. Investors are cautioned not to place considerable reliance on the forward-looking statements contained in this press release. You are encouraged to read Advent's filings with the SEC, available at www.sec.gov, for a discussion of these and other risks and uncertainties. The forward-looking statements in this press release speak only as of the date of this document, and the Company undertakes no obligation to update or revise any of these statements. Advent's business is subject to substantial risks and uncertainties, including those referenced above. Investors, potential investors, and others should give careful consideration to these risks and uncertainties.
Orange background

Try Our AI Features

Explore what Daily8 AI can do for you:

Comments

No comments yet...

Related Articles

Marcus Networking Strengthens Arizona's Technology Ecosystem Through Arizona Technology Council Membership
Marcus Networking Strengthens Arizona's Technology Ecosystem Through Arizona Technology Council Membership

Globe and Mail

timean hour ago

  • Globe and Mail

Marcus Networking Strengthens Arizona's Technology Ecosystem Through Arizona Technology Council Membership

Marcus Networking, a leading provider of comprehensive IT support services, proudly announces its membership in the Arizona Technology Council, further solidifying its commitment to advancing technology innovation in the Grand Canyon State. TEMPE, AZ - August 18, 2025 - Marcus Networking, a leading provider of comprehensive IT support services, proudly announces its membership in the Arizona Technology Council, further solidifying its commitment to advancing technology innovation in the Grand Canyon State. Founded in 2002, Marcus Networking delivers managed IT and telecommunications solutions to businesses across multiple industries. The company's participation in the Arizona Technology Council enhances its ability to collaborate with over 750 cutting-edge technology companies while contributing to Arizona's growing reputation as a premier technology hub. "At Marcus Networking, we are dedicated to providing 'The Best Customer Experience Possible,'" said Eric Marcus, CEO of Marcus Networking. "Our membership in the Arizona Technology Council aligns perfectly with our mission to deliver innovative technology solutions. Through this partnership, we aim to strengthen our connections within the technology community while continuing to ensure every customer sees the value and partnership that MNI provides." The Arizona Technology Council, established in 2002 following the merger of the Arizona High Technology Industry Cluster and the Arizona Software and Internet Association, serves as the state's premier networking and trade association for science and technology companies. The Council hosts approximately 100 virtual and in-person events annually, focusing on critical topics such as cybersecurity, medical technology, and artificial intelligence. Marcus Networking brings to the Council its extensive expertise in managed IT support services, information technology support services, and technology support services. As a family-owned and operated business that is licensed, bonded, and insured, Marcus Networking maintains a strong presence throughout the United States and Canada, with primary operations in Arizona, California, Colorado, and Nevada. The company distinguishes itself through several key service features, including Direct to Tech contact, which provides clients with immediate access to technicians 24 hours a day, 7 days a week. Headquartered in the Phoenix metro area, Marcus Networking maintains a 100% USA-based operation with no offshore outsourcing, reinforcing its commitment to local service excellence. "Our ability to serve as a single partner for both technology and telecommunications solutions eliminates the need for businesses to manage multiple vendors," added Marcus. "As technology continues to evolve, we remain committed to adapting our services to meet changing business demands while saving our clients time and money." Through its membership in the Arizona Technology Council, Marcus Networking gains access to valuable resources, including educational forums, conferences, and advocacy efforts at the federal, state, and local levels. The Council actively supports legislative initiatives focused on creating an equitable statewide STEM ecosystem, advancing clean energy initiatives, and funding education. Marcus Networking serves diverse industries, including medical, legal, manufacturing, retail, produce, finance, educational institutions, and nonprofits. The company's comprehensive IT service management and IT consulting capabilities position it as an integral contributor to Arizona's technology landscape. About Marcus Networking: Established in 2002 by Eric Marcus, Marcus Networking delivers the full spectrum of technology and telecommunications solutions businesses need to thrive. With customer service as its #1 priority, the company provides comprehensive IT support, network maintenance, software installation, and hardware repair services. Marcus Networking can scale its services to any size operation as a single-source managed IT provider or collaborate seamlessly with existing IT services as vital third-party support. For more information, please contact Eric Marcus at Contact Information: Marcus Networking 1241 W Warner Rd, Suite 103 Tempe, AZ 85284 (602) 427-5047 info@ Media Contact Company Name: Marcus Networking Contact Person: Eric Marcus Email: Send Email Phone: (602) 427-5047 Address: 1241 W Warner Rd Suite 103 City: Tempe State: AZ Country: United States Website:

Microsoft's Azure Boom Lifts Cloud Revenues: More Upside Ahead?
Microsoft's Azure Boom Lifts Cloud Revenues: More Upside Ahead?

Globe and Mail

timean hour ago

  • Globe and Mail

Microsoft's Azure Boom Lifts Cloud Revenues: More Upside Ahead?

Microsoft MSFT is witnessing strong adoption for its Azure platform, which is powering the company's cloud business. In the fourth quarter of fiscal 2025, its cloud revenues climbed 27% year over year to $46.7 billion, with Azure and other cloud services alone rising 39%. Management also disclosed that Azure's annual revenues exceeded $75 billion, highlighting its position as a central growth engine. This 'Azure boom' has become the single largest contributor to Microsoft's top line, pushing overall fourth-quarter revenues to $76.4 billion, up 18% from the prior year. The momentum stems from enterprises steadily migrating legacy workloads, scaling cloud-native applications and deploying AI-driven solutions. Microsoft's deep partnership with OpenAI and its Azure AI Foundry platform has already attracted more than 14,000 customers building generative AI models and intelligent agents. Meanwhile, the rollout of Copilot across Microsoft 365 and Dynamics 365 is amplifying Azure usage, creating a powerful flywheel that accelerates both adoption and consumption. Looking ahead, Microsoft's confidence in sustained upside is backed by record investments. Capital expenditures reached $24.2 billion in the quarter, with plans to rise to $30 billion in the first quarter of fiscal 2026, setting the stage for as much as $120 billion annually. With more than 400 data centers across nearly 70 regions, the company is expanding at an unprecedented scale to meet rising AI and cloud demand. This scale advantage not only ensures capacity but also reinforces customer stickiness, a key to sustaining growth. The Zacks Consensus Estimate for fiscal 2026 and 2027 indicates that revenues will grow 13.8% and 14.3%, respectively, on a year-over-year basis. How Rivals Stack Up Against MSFT in Cloud Space Amazon AMZN -owned Amazon Web Services (AWS) continues to lead the cloud infrastructure market with approximately 30-32% global market share, ahead of Microsoft and Google. AWS leverages its expansive portfolio of over 200 services and unmatched infrastructure, supported by over $100 billion in annual data center investment. Despite its scale and profitability, AWS faces mounting pressure from Microsoft and Google, whose rapid AI-driven cloud advances threaten its long-term competitive edge. Alphabet GOOGL -owned Google Cloud Platform (GCP) is emerging as a fierce competitor to AWS and Microsoft Azure, driven by rapid AI-led growth. Google Cloud posted revenues of $13.62 billion in the second quarter of 2025, up 31.7% year over year, with its annual run rate topping $50 billion. Strengths in AI/ML, Vertex AI and Gemini, along with partnerships with NVIDIA and PayPal, are expanding enterprise adoption. Google Cloud Platform continues to scale through global data centers, security and next-gen AI infrastructure. MSFT's Share Price Performance, Valuation & Estimates MSFT shares have appreciated 23.4% in the year-to-date period, outperforming the Zacks Computer – Software industry and the Zacks Computer and Technology sector's growth of 19.4% and 13.7%, respectively. MSFT's YTD Price Performance Image Source: Zacks Investment Research From a valuation standpoint, MSFT stock is currently trading at a forward 12-month Price/Sales ratio of 11.83X compared with the industry's 8.69X. MSFT has a Value Score of F. MSFT's Valuation Image Source: Zacks Investment Research The Zacks Consensus Estimate for MSFT's fiscal 2026 earnings is pegged at $15.32 per share, up 2.3% over the past 30 days. The estimate indicates 12.32% year-over-year growth. Microsoft currently carries a Zacks Rank #2 (Buy). You can see the complete list of today's Zacks #1 Rank (Strong Buy) stocks here. Free Report: Profiting from the 2nd Wave of AI Explosion The next phase of the AI explosion is poised to create significant wealth for investors, especially those who get in early. It will add literally trillion of dollars to the economy and revolutionize nearly every part of our lives. Investors who bought shares like Nvidia at the right time have had a shot at huge gains. But the rocket ride in the "first wave" of AI stocks may soon come to an end. The sharp upward trajectory of these stocks will begin to level off, leaving exponential growth to a new wave of cutting-edge companies. Zacks' AI Boom 2.0: The Second Wave report reveals 4 under-the-radar companies that may soon be shining stars of AI's next leap forward. Access AI Boom 2.0 now, absolutely free >> Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Inc. (AMZN): Free Stock Analysis Report Microsoft Corporation (MSFT): Free Stock Analysis Report Alphabet Inc. (GOOGL): Free Stock Analysis Report

Big-Box Retailers Gear Up to Report This Week: ETFs in Focus
Big-Box Retailers Gear Up to Report This Week: ETFs in Focus

Globe and Mail

timean hour ago

  • Globe and Mail

Big-Box Retailers Gear Up to Report This Week: ETFs in Focus

The retail sector is in focus with big retailers like Walmart WMT, Home Depot HD, Lowe's LOW and Target TGT due to report earnings this week. With tariffs, inflation, and shifting consumer habits at the forefront, investors will be watching closely to see how these companies are navigating a still-uncertain spending environment. Given this, traditional retail ETFs are in focus. SPDR S&P Retail ETF XRT and VanEck Vectors Retail ETF RTH have gained nearly 12.7% and 5.9%, respectively, over the past three months. Earlier this earnings season, Amazon AMZN CEO Andy Jassy said the e-commerce giant wasn't seeing any meaningful pullback in demand or sharp price increases, while Mastercard CEO Michael Miebach noted that consumer spending remained resilient. Yet, the latest government data painted a more cautious picture as retail sales in July rose by less than expected, raising concerns that household budgets may be starting to feel the pinch. Some companies, particularly in the fast-casual dining space, have already pointed to signs of strain as customers trade down or cut back on discretionary purchases. That mixed backdrop makes the upcoming reports from major retailers even more significant. So far, 21 out of 32 retailers on the S&P 500 Index have already reported. Earnings of these companies are up 20.5% from the same period last year on 8.7% higher revenues, with 81% beating both EPS and revenue estimates. Overall, the retail sector is expected to report earnings growth of 12.6% on 5.6% revenue growth. What Our Model Unveils for Retailer Earnings According to our methodology, the combination of a positive Earnings ESP and a Zacks Rank #1 (Strong Buy), 2 (Buy) or 3 (Hold) increases the chances of an earnings beat. You can uncover the best stocks to buy or sell before they're reported with our Earnings ESP Filter. Walmart Walmart has an Earnings ESP of +1.26% and a Zacks Rank #2. The company saw a positive earnings estimate revision of a penny over the past seven days for the second quarter of fiscal 2026. Walmart delivered an average four-quarter earnings surprise of 5.27%. Walmart is scheduled to report on Aug. 21, before market open (see: all the Consumer Discretionary ETFs here). As the nation's largest retailer, Walmart's earnings will serve as a barometer for consumer health, especially in groceries and essentials, where the company has leaned into value offerings. Home Depot & Lowe's Home Depot has an Earnings ESP of +0.35% and a Zacks Rank #3. The company saw no earnings estimate revision over the past 30 days for the to-be-reported quarter. The company delivered an average earnings surprise of 2.21% in the last four quarters. Home Depot is scheduled to report on Aug. 19, before market open. Lowe's has an Earnings ESP of -0.56% and a Zacks Rank #3. The company saw a negative earnings estimate revision of a penny for the to-be-reported quarter over the past 30 days. It delivered an earnings surprise of 3.22%, on average, in the last four quarters. LOW is slated to report earnings on Aug. 20. With housing affordability under pressure and mortgage rates elevated, demand for big-ticket home improvement projects has softened. The focus will be on whether professional contractors and do-it-yourself customers are holding up or pulling back. Target Target has an Earnings ESP of -3.05% and a Zacks Rank #3. The company saw a negative earnings estimate revision of a couple of cents over the past seven days for the to-be-reported quarter. It delivered a negative earnings surprise of 3.22% on average for the last four quarters. Target will report earnings on Aug. 20, before the opening bell. Target has been navigating a choppy retail landscape, balancing discretionary categories like apparel and home goods against stable grocery demand. Investors will look for updates on cost management and whether promotions are driving traffic. ETFs in Focus SPDR S&P Retail ETF (XRT) SPDR S&P Retail ETF tracks the S&P Retail Select Industry Index, which provides exposure across large, mid and small-cap stocks. It holds 76 well-diversified stocks in its basket, with none making up for more than a 2% share. Additionally, SPDR S&P Retail ETF is well spread across various industries with a double-digit allocation each in specialty retail, apparel retail, automotive retail and broadline retail (read: Sector ETFs to Lose/Win From Oil Price Rebound). SPDR S&P Retail ETF is the largest and most popular in the retail space, with AUM of $429.2 million and an average trading volume of 6.1 million shares. It charges 35 bps in annual fees and has a Zacks ETF Rank #4 (Sell) with a Medium risk outlook. VanEck Vectors Retail ETF (RTH) VanEck Vectors Retail ETF provides exposure to the 26 largest retail firms by tracking the MVIS US Listed Retail 25 Index, which measures the performance of the companies involved in retail distribution, wholesalers, online, direct mail and TV retailers, multi-line retailers, specialty retailers and food and other staples retailers. VanEck Vectors Retail ETF is highly concentrated on Amazon with nearly 20.6% exposure, while the other firms hold no more than 9.1% share. VanEck Vectors Retail ETF has amassed $255.5 million in its asset base and charges 35 bps in annual fees. It trades in a lower volume of 4,000 shares a day on average. VanEck Vectors Retail ETF has a Zacks ETF Rank #3 with a Medium risk outlook. Boost Your Portfolio with Our Top ETF Insights Zacks' exclusive Fund Newsletter delivers actionable information, top news and analysis, as well as top-performing ETFs, straight to your inbox every week. Don't miss out on this valuable resource. It's free! Get it now >> Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Inc. (AMZN): Free Stock Analysis Report Target Corporation (TGT): Free Stock Analysis Report Walmart Inc. (WMT): Free Stock Analysis Report Lowe's Companies, Inc. (LOW): Free Stock Analysis Report The Home Depot, Inc. (HD): Free Stock Analysis Report SPDR S&P Retail ETF (XRT): ETF Research Reports VanEck Retail ETF (RTH): ETF Research Reports This article originally published on Zacks Investment Research (

DOWNLOAD THE APP

Get Started Now: Download the App

Ready to dive into a world of global content with local flavor? Download Daily8 app today from your preferred app store and start exploring.
app-storeplay-store