Ceres Power Holdings plc announced it has signed a new Joint Development Agreement (JDA) with a significant European-based global OEM. Ceres and the new partner will work together to develop prototype multi-kilowatt power systems for several potential applications. This strategic relationship, the fifth agreement Ceres has signed in less than two years, is the first step in considering a potential collaboration which could include joint system development, Solid Oxide Fuel Cell stack development and manufacturing. In addition to this latest partner, a European-based global OEM, Ceres Power also has strategic JDA partnerships with Honda, Nissan, Cummins and a further global OEM. Ceres is working with these companies to embed the SteelCell® technology into power systems for the Residential, Business, Data Centre and Electric Vehicle markets.