UPDATE: FuelCell Energy's stock surges toward a 4-day win streak after DOE project award

BOS Better Online Solutions Ltd

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Based in Israel

Company profile

B.O.S. Better Online Solutions Ltd. (BOS) is a provider of automatic identification and data capture (AIDC) mobility solutions. The Company distributes electronic components for the civil aircraft industry, defense industry and high technology equipment manufacturers. The Company operates through two segments: the RFID and Mobile Solutions and the Supply Chain Solutions. The Company's RFID and Mobile Solutions division offers integration of solutions, as well as stand-alone products, including radio frequency identification (RFID) and AIDC hardware and communications equipment, and industry-specific software applications. The Company's Supply Chain Solutions division provides electronic components, telecommunications equipment and components consolidation services to the aerospace, defense, medical and telecommunications industries, and enterprise customers around the world. The Company serves the avionics, defense, retail, manufacturers, government and livestock markets.

UPDATE: FuelCell Energy's stock surges toward a 4-day win streak after DOE project award

8:10 am ET October 9, 2020 (MarketWatch) Print

Shares of FuelCell Energy Inc. (FCEL) surged 8.4% in premarket trading, putting it on track for a fourth-straight gain, after the fuel cell technology announced a government project award. The stock had run up 26% over the previous three sessions (http://www.marketwatch.com/story/fuelcell-energy-stock-powers-higher-after-bullish-call-from-j-p-morgan-11602175749). The company said it was selected by the U.S. Department of Energy for an $8 million funding award to design and make a SureSource electrolysis platform capable of producing hydrogen. "This project represents a key step in FuelCell Energy's path to commercialize its high efficiency solid oxide electrolysis technology," the company said in a statement. The stock has slipped 5.2% year to date through Thursday, while the S&P 500 has gained 6.7%.

-Tomi Kilgore; 415-439-6400; AskNewswires@dowjones.com

(END) Dow Jones Newswires

October 09, 2020 08:10 ET (12:10 GMT)