Impact Coatings, which develops and sells world-leading technology for PVD-coatings of fuel cell plates and vehicle reflectors, has received its first production order for Ceramic MAXPHASE™ coatings from Michelin.

The French tire and auto components manufacturer is in a build-up phase in its fuel cell manufacturing initiative. Michelin manufactures fuel cell systems for trucks, busses, and automobiles and has selected coatings from Impact Coatings for its production.

Impact Coatings has previously delivered coatings for Michelin’s fuel cell development. Demand and delivered volumes are now expected to increase gradually during 2018 and 2019 while production of fuel cells increases.

A first order for Ceramic MAXPHASE coatings has been received for SEK 0.2M. The coating service will take place at Impact Coatings’ facilities in Linköping, Sweden.

”The cooperation with Michelin is very positive and an important sign that the European fuel cell market is ramping up. Michelin has approved and qualified our coating and is of the view that it has the best performance to increase fuel cell system efficiency”, said Impact Coatings CEO Henrik Ljungcrantz.

About Impact Coatings

Impact Coatings AB develops and commercializes innovative technology for PVD surface treatment. PVD is a method for vacuum coating of thin films of metal or ceramics.

The company has developed a portfolio of coating processes for metal and plastic, among others marketed under the trade name MaxPhase™. The coatings provide unique performances for fuel cells, electrical connectors, reflectors and other applications. In addition to coating services Impact Coatings offers the PVD production systems InlineCoater™, PlastiCoater™ and ReelCoater™, targeting customers with lean-organized production flows involving PVD.

The company was founded in 1997. Following a period of development and establishing products and services, the company is now expanding globally. Impact Coatings’ share is traded at Nasdaq OMX Stockholm First North since 2004.