Loop Energy announced the signing of a Memorandum of Understanding and Commercial Agreement with ECUBES – a rapidly growing developer of hydrogen electric systems for stationary power applications based in Slovenia, Europe. The agreement contemplates deliveries in excess of fifty Loop Energy eFlow™ fuel cell modules to ECUBES over a two-year period. Under the terms of the agreement, Loop's high fuel-efficient fuel cell modules will be integrated with ECUBES proprietary Thermal Green Hydrogen Energy Storage solution HYDROGENIUM, storing energy in solid matter with no pressurised vessels for hydrogen. Systems are designed to be supplied to a range of European customers including the European Defence Agency's "RESHUB" project (Defence RESilience Hub Network in Europe), a project that aims to improve energy efficiency in the European defence sector.