About Ballard
Ballard is a company based in United States founded in 1979 by Geoffrey Ballard, Paul Howard, and Keith Prater. The company has 887 employees as of December 31, 2024. Ballard has completed 2 acquisitions, including Arcola Energy and Protonex. Ballard offers products and services including FCmove, FCwave, and FCgen. Ballard operates in a competitive market with competitors including Plug Power, Bloom Energy, FuelCell Energy, Intelligent Energy and Blue World Technologies, among others.
- Headquarter United States
- Employees 887 as on 31 Dec, 2024
- Founders Geoffrey Ballard, Paul Howard, Keith Prater
- Stage Public
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Sectors
Energy & Utilities
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Phone
Locked
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Website
Locked
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Social
Locked
- Legal Name Ballard Power Systems Inc.
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Annual Revenue
$66.4 M (USD)-30.86as on Dec 31, 2024
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Net Profit
-$308.73 M (USD)-85.19as on Dec 31, 2024
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EBITDA
-$148.34 M (USD)-6.01as on Dec 31, 2024
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Latest Funding Round
$40 M (USD), Grant
Mar 14, 2024
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Investors
DOE
& 5 more
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Employee Count
887
as on Dec 31, 2024
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Investments & Acquisitions
Arcola Energy
& 1 more
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IPO & Listings of Ballard
Ballard is a publicly listed company on the TSX with ticker symbol BLDP in Canada, operating in the Producer manufacturing sector. As a publicly traded entity, the company provides investors with opportunities to participate in its growth story through equity ownership. The listing enables access to capital markets, enhances corporate visibility, and provides liquidity for shareholders while maintaining transparency through regulatory compliance and regular financial disclosures.
Products & Services of Ballard
Ballard offers a comprehensive portfolio of products and services, including FCmove, FCwave, and FCgen.
Provides zero-emission power for heavy-duty vehicle integration.
Delivers clean power for marine and stationary uses.
Offers high-density stacks for mobility and power applications.
People of Ballard
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Software Development Team
40 people
Leadership Team
17 people
Product Management Team
14 people
Senior Team
12 people
Sales and Marketing
12 people
Finance and Accounting
7 people
Principal Team
6 people
Human Resources and Administration
4 people
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Funding Insights of Ballard
Investors in Ballard
Ballard has secured backing from 6 investors, including institutional and venture fund investors. Prominent investors backing the company include DOE, European Union and Nisshinbo Holdings.
| Investor | Description | Founded Year | Domain | Location |
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Venture capital firm focused on investing in clean tech sectors
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Energy sources and policies are managed by the DOE.
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Locked | Locked | Locked | |
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Government entites focused on freedom, democracy, equality and the rule of law, promoting peace and stability
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Locked | Locked | Locked |
Investor details for Ballard
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Investments & Acquisitions by Ballard
Ballard has strategically engaged in corporate development activities, having acquired 2 companies. Notable acquisitions include Arcola Energy and Protonex.
Investment portfolio details for Ballard
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- Portfolio identities
- Transaction dates
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| Company Name | Description | Domain | Location | Founded Year | Amount |
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Hydrogen fuel cell system developer
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Locked | Locked | 2010 | Locked | |
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Integrated tactical systems are developed for military and first responders.
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Locked | Locked | 2000 | Locked |
Complete acquisition details for Ballard
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Financial Statements - Ballard
Detailed financials for Ballard
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- Profit trends
- Statement rows
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Ballard Comparisons
Peer comparison for Ballard
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Competitors of Ballard
Ballard operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Plug Power, Bloom Energy, FuelCell Energy, Intelligent Energy and Blue World Technologies, among others.
| Company Name | Domain | Founded year | HQ Location | Description |
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| Locked | Locked | Locked |
Hydrogen-based fuel cells are manufactured for power applications.
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Provider of solid oxide fuel cell technology
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Online platform offering fuel cell-based solutions
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PEM fuel cell and CHP power systems developer
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| Locked | Locked | Locked |
Methanol-based fuel cells are developed using high-temperature PEM technology.
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Low-temperature solid oxide fuel cells are produced for CHP systems.
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Detailed competitors of Ballard
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Latest news on Ballard
Complete news archive for Ballard
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Frequently Asked Questions about Ballard
Ballard was founded in 1979 and raised its 1st funding round 28 years after it was founded.
Ballard is headquartered in United States.
Randall MacEwen is the current CEO of Ballard.
As of Dec 31, 2024, the latest employee count at Ballard is 887.
Annual revenue of Ballard is $66.4M as on Dec 31, 2024.
Manufacturer of hydrogen fuel cells. The platform designs develop and manufacture hydrogen fuel cell products for residential cogeneration, backup power, and heavy-duty applications. The company operates in three segments Power Generation, Automotive, and Material Products. The Power Generation segment offers fuel cell products and services. The Automotive segment provides fuel-cell products and services for fuel-cell cars, vans, and buses. The Material Products segment offers carbon fiber products primarily for automotive transmissions and gas diffusion layers for fuel cells.
Ballard's top competitors include Bloom Energy, Plug Power and Intelligent Energy.
Ballard offers FCmove, FCwave, and FCgen.
Yes, Ballard is publicly traded on TSX under the ticker symbol BLDP.
Ballard has made 2 acquisitions, including Arcola Energy, and Protonex.
Ballard has 6 investors. Key investors include DOE, European Union, Nisshinbo Holdings, Sustainable Development Technology Canada, and OSTI.GOV.
The ticker symbol of Ballard is BLDP on TSX.