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ReliOn
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Short description

Developer of PEM fuel cells

Founded in 2004
Founded in

Company type Acquired Public ()
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 Spokane, WA Spokane, United States
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Updated by Cleantech Group on 03/19/2021

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Date Company
Partnerships
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Date Partner Type
02/13/2014
Acta Acta
Acta entered a wide-ranging cooperation agreement with ReliOn involving product development and a broader commercial offering for both companies.
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Confirmed by Acta
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IPO INFORMATION

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Description

Date Investors Type Amount
01/25/2013 Cummins Cummins (1)
Post-money valuation of
ReliOn secured a strategic investment from Cummins who will use its broad capabilities in engineering and manufacturing to accelerate ReliOn’s efforts to drive costs down and increase the distribution reach of our fuel cell products around the world.
Growth Equity
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Products
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Product image Name Product status Revenue model Cost metrics

E-Series Fuel Cells

Fuel cells which range in size from 50w to 2.5kW. E-series systems are scaleable for creating even larger installations if necessary.

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