Ballard Power Systems

Ballard Power Systems designs, manufactures, sells, and services proton exchange membrane fuel cell products for various applications, including heavy-duty vehicles like buses and trucks, material handling equipment, marine vessels, stationary power systems, and emerging markets. The company operates globally, with key revenue sources from Poland, the United States, the United Kingdom, and other countries.

Paul Howard

Co-Founder

Randy MacEwen

President and CEO

Keith Prater

Co-Founder

Past deals in Fuel Cell

Quantron

Series A in 2022
Quantron is a provider of clean battery and hydrogen-powered e-mobility solutions for commercial vehicles, including trucks, buses, and vans. The company specializes in the electrification of both new and existing vehicles, offering a comprehensive suite of services that includes the development of tailored concepts featuring appropriate charging infrastructure. Additionally, Quantron provides rental, financing, and leasing options to support customers in transitioning from diesel to electric vehicles. The company also sells batteries and customized electrification solutions to manufacturers in sectors such as commercial vehicles, machinery, and intralogistics. Through its innovative approach, Quantron aims to facilitate the shift towards sustainable transportation in the commercial sector.

Arcola Energy

Acquisition in 2021
Arcola Energy is a leader in hydrogen and fuel cell integration, specializing in zero-emission solutions for heavy-duty vehicles and transport applications.

Protonex Technology

Acquisition in 2015
Protonex Technology is a developer and manufacturer of intelligent power management and portable fuel cell products tailored for military and commercial markets. The company focuses on revolutionizing portable power solutions, offering advantages over traditional batteries and generators. By providing mission-critical equipment, Protonex enhances energy efficiency and operational flexibility for military applications, addressing the evolving power needs of its users.

IdaTech

Acquisition in 2012
IdaTech, including the Company's fuel cell product lines for backup power applications, distributor and customer relationships, as well as a license to intellectual property.
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