Ballard Power Systems Inc., incorporated on November 12, 2008, is engaged in the design, development, manufacture, sale and service of proton exchange membrane (PEM) fuel cell products for a range of applications, focusing on the power product markets of heavy-duty motive (consisting of bus and tram applications), portable power, material handling and backup power, as well as the delivery of technology solutions, including engineering services, technology transfer and the license and sale of its intellectual property portfolio and fundamental knowledge for a range of fuel cell applications. As of December 31, 2016, the Company provided products in four product classes, such as Fuel cell stacks, Fuel cell modules, Fuel cell systems and Power management systems.
The Company provides FCgen and FCveloCity fuel cell stacks to original equipment manufacturer (OEM) customers and system integrators that use the stacks to produce fuel cell systems for power solutions. The Company builds the fuel cell stacks into self-contained FCveloCity motive modules that are plug-and-play into commercial vehicle powertrains. It also builds fuel cell systems for stationary power markets that are designed to solve certain energy needs of its customers. The Company, through its Protonex Technology Corporation (Protonex) subsidiary, builds power management devices for military customers that allow them to optimize their energy use. Its FCveloCity Fuel Cell Products include FCveloCity- 9SSL, FCveloCity- 1020ACS and FCveloCity modules. Its FCgen Fuel Cell Products and System Products include FCgen-1020ACS and FCgen-H2PM. Its Power Management Products include squad power manager (SPM)-622, adaptive battery charger (ABC) and vest power manager (VPM)-402.
The Company provides fuel cell modules for public transit systems, including buses and light rail. It designs and manufactures the FCveloCity fuel cell module platform, which in various forms is capable of delivering 30 kilowatt (kW) to 200 kW of power for use in the Heavy Duty Motive market. The Company, through Protonex, designs and manufactures power management products and portable fuel cell solutions. Protonex has developed a range of products designed for end users in military and commercial markets that are underserved by batteries and small generators. Protonex has also developed portable fuel cells focused on low power applications for use in extended surveillance applications, including vehicle auxiliary power units (APUs), unmanned aerial (UAV), unmanned ground (UGV), and underwater (UUV) vehicle propulsion. The material handling market includes industrial vehicles, such as forklifts, automated guided vehicles (AGVs) and ground support equipment. The Company's products for the material handling market are the FCveloCity-9SSL, which is applicable to Class 1, Class 2 and Class 3 forklift truck solutions, and the FCveloCity-1020ACS stack, its second-generation air-cooled fuel cell product, for Class 3 material handling applications. The backup power market includes stationary applications for telecommunications equipment and other critical data communications infrastructure. The Company offers bundled technology solutions, including specialized engineering services, access to its intellectual property portfolio and know-how, as well as the supply of test equipment and technology components.
The Company competes with Hydrogenics Corporation, Horizon Fuel Cell, Smart Fuel Cell, Altergy, Plug Power, Hyster-Yale, FuelCon, Greenlight Innovation, Intelligent Energy and Ricardo.
9000 Glenlyon Pky
The company trades on NASDAQ exchange. The company headquarter is located in Canada. The company was established in the 1979.| Ticker | BLDP |
| Long Name | Ballard Power Systems, Inc. |
| Short Name | Ballard Power |