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Stock impact report

CCell wins Power System Product of the Year at Elektra Awards

Vicor Corporation (VICR) 
Last vicor corporation earnings: 4/23 04:05 pm Check Earnings Report
Company Research Source: GlobeNewswire
ANDOVER, Mass. , Dec. 05, 2022 (GLOBE NEWSWIRE) -- CCell, whose mission is to combat coastal erosion by working in harmony with marine habitats, won the 2022 Elektra Award for Power System Product of the Year Nov. 30 in London – beating out 13 competing entries. CCell, based in the United Kingdom, is committed to mitigating coastal erosion by maintaining an eco-friendly approach to saving coastal environments and protecting communities around the world. Over 51% of global coastlines are being eroded due to climate change, which is gradually undermining coastal communities and their livelihoods. CCell, using renewable energy and innovative power conversion technology, induces electrolysis of seawater to combat erosion and save communities. CCell uses Vicor’s Factorized Power Architecture to manage the wide input voltage derived from wave and solar power sources and deliver the output voltage required for an optimum electrolysis process. This power module forms part of a platform, c Show less Read more
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