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Nuvera
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Short description

Developer of fuel cell power and hydrogen supply for forklifts

Founded in 2000
Founded in

Company type Private Public ()
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 Billerica, MA Billerica, United States
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Date Company
01/11/2023

Nexus Energy Nexus Energy

Nuvera Fuel Cells has made further sales to Nexus Energy, having sold two of its Nuvera® E-60 Fuel Cell Engines to Nexus which is currently developing modular zero-emission solutions for maritime and onshore applications.

Confirmed by Nexus Energy

Partnerships
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Date Partner Type
03/10/2022
Dayco Dayco
The pair will deploy integrated fuel cell solutions for commercial vehicles to improve the system performance, durability and reliability of high-performance propulsion systems.
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Confirmed by Dayco
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IPO INFORMATION

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Description

Date Investors Type Amount
04/17/2009 US Department of Energy (DOE) US Department of Energy (DOE) (1)
Post-money valuation of
The grant was made to accelerate the market penetration of Nuvera's fuel Cells.
Grant $1,100,000
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Products
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Product image Name Product status Revenue model Cost metrics

Orion Fuel Cell Stacks

Fuel Cells ranging in size from 10 to 300 kW appropriate for applications ranging from back-up power generators to automobile propulsion.

Wide Commercial Availability Products - Retail
$/kW (current)
$/kW (projected)
$/kWh (current)
$/kWh (projected)
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