Ballard Power Systems Inc. specializes in the design, development, manufacture, sale, and service of proton exchange membrane (PEM) fuel cell products. The company offers a diverse range of solutions, including heavy-duty fuel cell modules, backup power systems, and products for material handling and unmanned aerial vehicles (UAVs). Ballard operates in three primary segments: Power Generation, which focuses on backup power and residential cogeneration; Automotive, providing fuel-cell solutions for vehicles; and Material Products, which includes carbon fiber and gas diffusion layers for fuel cells. The company's markets span various sectors, including transit buses, automotive, rail, and critical infrastructure, with significant operations in the United States, Europe, and China. Founded in 1979 and headquartered in Burnaby, Canada, Ballard Power Systems is recognized as a leader in the fuel cell industry.
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.
Wei Chi Teng Automobile
Series A in 2022
Wei Chi Teng Automobile is a high-end commercial vehicle R&D and manufacturer.
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 specializes in the development and manufacturing of portable fuel cell products and intelligent power management systems, catering to both military and commercial markets. The company aims to enhance energy efficiency and operational flexibility for military applications by providing mission-critical equipment. Protonex's innovative power solutions present significant advantages over traditional batteries and generators, addressing the evolving demands for portable power in various sectors.
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.
H2scan
Venture Round in 2002
H2scan Corporation, based in Valencia, California, specializes in manufacturing and selling hydrogen leak detection and process gas measurement products for industrial markets globally. Established in 2002, the company offers several product lines, including HY-OPTIMA, which features real-time in-line portable hydrogen monitors for process optimization, and HY-ALERTA, which includes portable hydrogen leak detectors and fixed area monitors designed for safety in environments with potential hydrogen leaks. H2scan's solutions cater to various industries, such as electric power, petroleum, nuclear power, semiconductor, and chemical production. The company leverages hydrogen sensing technology for integration into customer products and maintains a distribution network across North America, Asia, Europe, South America, the Middle East, Australia, and Africa. H2scan has developed its technology with foundational support from the U.S. National Laboratory at Sandia and has established strategic partnerships to enhance its market presence.
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