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Company	Ballard Power Systems
Short Description	Developer and manufacturer of proton exchange membrane fuel cell products
Status	Public
Year Founded	1979
Industry Group	energy & power
Sector	hydrogen
TRL Range	9
Country	Canada
Nbr Employees	250+
Revenue Range
Total Equity Capital Raised	$0
Last Stage Capital Raised	Grant 2022
Investors	EBARA Corporation, Sustainable Development Technology Canada (SDTC), AP Ventures, US Department of Transportation, Nisshinbo Holdings, Zhongshan Broad-Ocean Motor, Weichai Power, BMO Capital Markets, British Columbia Centre for Innovation and Clean Energy (CICE)

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Ballard Power Systems

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Short description

Developer and manufacturer of proton exchange membrane fuel cell products

Founded in 1979

Founded in

Company type Public Public (BLDP)

Company type

Industry Group energy & power

Sector hydrogen

TRL Range 9

TRL 1	Basic research
TRL 2	Technology formulation
TRL 3	Applied research
TRL 4	Small scale prototype
TRL 5	Large scale prototype
TRL 6	Prototype system
TRL 7	Demonstration system
TRL 8	First of a kind commercial system
TRL 9	Full commercial application

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Headquarters Burnaby, BC Burnaby, Canada

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Parent Companies Ballard Power Systems

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Updated by Cleantech Group on 09/16/2022

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John Sheridan

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12 customers
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40 partnerships
(2 confirmed)

13 financing events

10 investors

1 products

1 M&A items

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		Can't find a company? Add a company Description 400/400 characters left Related press release or article about this deal Confirm relationship* (Enter the email address of your counterpart at this company so they can confirm your relationship!) Cancel Save
12/08/2022		Amogy Amogy Contract to provide fuel cell engines for ammonia-to-power maritime applications. Confirmed by Amogy	Learn more	Delete

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12/08/2022

Amogy Amogy

Contract to provide fuel cell engines for ammonia-to-power maritime applications.

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	Can't find a partner? Add one Description 400/400 characters left Related press release or article about this deal Confirm relationship* (Enter the email address of your counterpart at this company so they can confirm your relationship!) Cancel Save
01/17/2023	Ashok Leyland Ashok Leyland Pilot project with Ashok Leyland and Adani Enterprises to develop hydrogen fuel cell electric trucks for mining. View source Confirmed by Ashok Leyland	Project Development	Delete

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IPO INFORMATION

Date	IPO status	IPO Type	Amount
Initial shares	Ticker symbol BLDP	Exchange listed
Prospectus URL Prospectus	Source URL Source

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	Can't find an investor? Add an investor Valuation Description 400/400 characters left Related press release or article about this deal Cancel Save
07/06/2022	British Columbia Centre for Innovation and Clean Energy (CICE) British Columbia Centre for Innovation and Clean Energy (CICE) (1) Post-money valuation of Grant provided to Ballard Power to accelerate fuel cell engines developed in BC. (source)	Grant		Delete

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Select Image	Description 400/400 characters left Cancel Save			US$/kW (current) US$/kWh (current) US$/kW (projected) US$/kWh (projected)
	Complete Fuel Cell Systems Complete fuel cell systems to be used for backup power and distributed generation.	Wide Commercial Availability	Products - Wholesale	$/kW (current) $/kW (projected) $/kWh (current) $/kWh (projected)	Delete

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Complete Fuel Cell Systems

Complete fuel cell systems to be used for backup power and distributed generation.

Wide Commercial Availability

Products - Wholesale

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Developer and manufacturer of proton exchange membrane fuel cell products

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