Advent Technologies Holdings, Inc.

Good morning, everyone. I will be your conference operator today. At this time, I would like to welcome everyone to Advent Technologies' first quarter earnings conference call. All lines have been placed on mute to prevent any background noise. After the speaker's remarks, there will be a question and answer session. On the call today, we are joined by Dr. Vasilis Gregorius, Advent's chairman and CEO, and Kevin Brackman, Advent's CFO. Before we begin the prepared remarks, we would like to remind you that Advent issued a press release announcing its first quarter 2022 financial results shortly before market open today. You may access the materials on the investor relations section of the company's website, www.advent.energy. I would also like to remind everyone that during the course of this conference call, Advent's management will discuss forecasts, targets, and other forward-looking statements regarding the company's future, customer orders, and a company's business outlook that are intended to be covered by the Safe Harbor provisions of the Private Securities Litigation Reform Act of 1995 for forward-looking statements. While these statements represent management's current expectations and projections about future results and performance as of today, Advent's actual results are subject to many risks and uncertainties that could cause actual results to differ materially from those expectations. In addition to any risks highlighted during this call, important factors that may affect Advent's future results are described in its most recent SEC reports filed with the Securities and Exchange Commission, including today's earnings press release. Except as required by applicable law, the company undertakes no obligation to update any of these forward-looking statements for any reason after the date of this call. Lastly, information discussed on this call concerning the company's industry competitive position in the market in which it operates is based on information from independent industry and research organizations. other third-party sources, and management estimates. Management estimates are derived from publicly available information released by independent industry analysis and other third-party resources, as well as data from the company's internal research and are based on assumptions made upon reviewing such data in this experience and in knowledge of such industries and markets, which is believed to be reasonable. These assumptions are subject to uncertainties and risks, which could cause results to differ materially from those expressed in the estimates. Please note this call is being recorded. Kicking off the call will be Dr. Vassilis Gregoriu. Dr. Gregoriu, I'll turn it over to you.

Thank you, operator. Good morning to everyone listening in, and thank you for joining us on Advent's first quarter 2022 earnings call. I'm joined today by Advent's CFO, Kevin Brackton. On today's call, I will provide comments regarding our first quarter results, followed by an update on the business. I will then hand over to Kevin, who will give a review of our financial performance and outlook in more detail. During my last update on March 28, I concluded by remarking that 2021 was a very significant and progressive year for Aden, and that we had built the foundation for growth. This foundation is already bearing fruit, and is provided to be a catalyst exemplified by the agreements that we had put in place in the first quarter of 2022. As a clean energy technology company, We will continually improve and leverage on our technology and expertise and focus on market needs. We hold around 190 issued, licensed, and pending patents worldwide for our fuel cell technology and have 38 R&D programs allowing Advent to offer a spectrum of products to the energy market from advanced materials to fuel cell. Our global reach includes Boston, Massachusetts as our headquarters. were built in state-of-the-art membrane electro-manufacturing facilities in Charlestown, Mass. In Livermore, California, we designed and manufactured lightweight systems. Denmark and Germany .

And it appears we've lost Dr. Gargar-Hugh. Mr. Brackman, if you would go ahead, I'll dial back out.