Nel Unit Bags $12 Million Order for PEM Electrolyzer Stacks

02:18 AM EDT, 09/29/2026 (MT Newswires) -- Nel (NEL.OL) subsidiary Nel Hydrogen US secured a $12 million contract to supply PEM electrolyzer stacks to Collins Aerospace. The hydrogen technology company said Tuesday it expects to make the deliveries in 2027 and 2028. The stacks will generate oxygen for life-support systems on US submarines.