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UK: ITM Power reports results

The fuel cell and energy storage firm ITM Power has announced its results for the year ended 30 April 2011. It cut net cash-burn to £4.8m (US$7.74m) from £4.9m the previous year. Cash at year-end was £12.2m, down from £16.9m a year earlier. £1.09m of income from funding It’s time to log in (or subscribe). … Continued

The fuel cell and energy storage firm ITM Power has announced its results for the year ended 30 April 2011.

It cut net cash-burn to £4.8m (US$7.74m) from £4.9m the previous year. Cash at year-end was £12.2m, down from £16.9m a year earlier. £1.09m of income from funding

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