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Protonex
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Short description

Manufacturer of fuel cell stacks and power solutions for portable and remote applications

Founded in 2000
Founded in

Company type Public Public (PTX)
Company type

Industry Group energy & power

Sector fuel cells

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
TRL Range

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Headquarters Southborough, MA Southborough, United States
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Date Company
10/04/2013

US Army US Army

Protonex received $2,150,976 million contract from the US Army Natick Soldier Research, Development and Engineering Center to develop basic and applied research on “Soldier-Borne Power Sources."

Confirmed by US Army

Partnerships
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Date Partner Type
09/15/2009
Cummins Cummins
Protonex worked with Cummins Onan to develop fuel-cell power systems for RVs. They jointly tested Protonex's M250-B fuel cell power system with RVs made by Cummins.
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Confirmed by Cummins
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Investment Rounds
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IPO INFORMATION

Date

06/28/2006

IPO status

Listed

IPO Type

IPO

Amount

$15.72M

Initial shares

10000000

Ticker symbol

PTX

Exchange listed

AIM

Prospectus URL

Prospectus

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Description

Date Investors Type Amount
11/17/2013 (0)
Post-money valuation of
Structured Debt $200,000
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Products
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Product image Name Product status Revenue model Cost metrics

VPM - 402

A Vest Power Manager designed to manage and utilize any power source for commonly used military devices.

Wide Commercial Availability Products - Retail
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