Ballard Power Systems Inc. (BLDP)

Overview

Ballard Power Systems Inc., founded in 1979 and headquartered in Burnaby, Canada, is a pioneer in the fuel cell industry, focusing on the design, development, manufacture, sale, and service of proton exchange membrane (PEM) fuel cell products. The company has established a significant global footprint, operating in key markets around the world including the United States, Germany, Canada, China, Poland, the United Kingdom, the Netherlands, France, Denmark, Belgium, India, Taiwan, Spain, Norway, Australia, and Japan. Recognized for its innovative approach, Ballard Power Systems has formed a strategic alliance with Linamar Corporation aimed at co-developing and selling fuel cell powertrains and components specifically for class 1 and 2 vehicles in North America and Europe.

Products and Services

PEM Fuel Cell Products: Ballard's core offerings consist of highly efficient and reliable proton exchange membrane (PEM) fuel cell products. These are tailored for a wide array of applications including buses, trucks, rail systems, marine vessels, and stationary power systems, along with emerging markets like material handling, off-road, and other specialized sectors.

Power Products for Various Vehicles and Applications: The company designs and manufactures fuel cell solutions for a diverse range of vehicles - from buses and trucks to rail and marine applications. This diversity allows Ballard to meet the growing demands for clean energy alternatives across different modes of transport.

Engineering and Technology Services: Beyond its product offerings, Ballard provides a suite of services encompassing technology solutions, after-sales support, and training. This comprehensive service package ensures the successful adoption and integration of fuel cell technology across various industries. Furthermore, Ballard delivers engineering services, product and systems integration, and technology transfer services, catering to the unique needs of each fuel cell application.