About Eltronic FuelTech
Eltronic FuelTech is a company based in Hedensted (Denmark) founded in 2014 was acquired by G&O Maritime Group in February 2026. The company has 124 employees as of November 30, 2024. Eltronic FuelTech offers products and services including Methanol Fuel Systems, Ammonia Fuel Systems, LNG Fuel Systems, LPG Fuel Systems, and Sensors. Eltronic FuelTech operates in a competitive market with competitors including We4Sea, Qtagg, Closelink, ClearLynx and Ascenz, among others.
- Headquarter Hedensted, Denmark
- Employees 124 as on 30 Nov, 2024
- SectorsTransportation, Automotive & Logistics
- PhoneLocked
- WebsiteLocked
- SocialLocked
- Legal Name Eltronic Fueltech A/S
- Annual RevenueNot available
- Net ProfitNot available
- EBITDANot available
- Latest Funding Round$629.16 K (USD), Grant
Oct 01, 2023
- InvestorsEuropean Union
& 1 more
- Employee Count124
as on Nov 30, 2024
- Acquired byG&O Maritime Group
(Feb 26, 2026)
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Products & Services of Eltronic FuelTech
Eltronic FuelTech offers a comprehensive portfolio of products and services, including Methanol Fuel Systems, Ammonia Fuel Systems, LNG Fuel Systems, LPG Fuel Systems, and Sensors.
Enables safe operations for methanol-powered vessels in maritime applications
Supports ammonia-based fuel operations for zero-emission maritime use
Facilitates liquefied natural gas operations in shipping environments
Provides systems for liquefied petroleum gas in maritime fuel setups
Monitors fuel operations to ensure safety and efficiency on vessels
People of Eltronic FuelTech
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Funding Insights of Eltronic FuelTech
Investors in Eltronic FuelTech
Eltronic FuelTech has secured backing from 2 investors, including institutional investors. Prominent investors backing the company include European Union and G&O Maritime Group.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Government entites focused on freedom, democracy, equality and the rule of law, promoting peace and stability | Locked | Locked | Locked | |
Sustainable subsystems for green maritime innovation are developed. | Locked | Locked | Locked |
Investor details for Eltronic FuelTech
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Investments & Acquisitions by Eltronic FuelTech
Investment portfolio details for Eltronic FuelTech
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Financial Statements - Eltronic FuelTech
Detailed financials for Eltronic FuelTech
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Eltronic Fueltech Comparisons
Peer comparison for Eltronic FuelTech
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Competitors of Eltronic FuelTech
Eltronic FuelTech 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 We4Sea, Qtagg, Closelink, ClearLynx and Ascenz, among others.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| Locked | Locked | Locked | SaaS-based fuel monitoring is provided for marine fuel efficiency. | |
| Locked | Locked | Locked | Maritime fuel management systems for fuel optimization are provided. | |
| Locked | Locked | Locked | A marine lubricant procurement platform is provided for shipping firms. | |
| Locked | Locked | Locked | Provider of bunker fuel management system for bunker software | |
| Locked | Locked | Locked | Fuel monitoring systems are supplied for the shipping sector. |
Detailed competitors of Eltronic FuelTech
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Latest news on Eltronic Fueltech
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Frequently Asked Questions about Eltronic FuelTech
Eltronic FuelTech was founded in 2014 and raised its 1st funding round 9 years after it was founded.
Eltronic FuelTech is headquartered in Hedensted, Denmark. It is registered at Hedensted, Central Denmark Region, Denmark.
As of Nov 30, 2024, the latest employee count at Eltronic FuelTech is 124.
Eltronic FuelTech was established in 2014 in Hedensted, Denmark. Operations focus on the maritime sector, where fuel efficiency solutions are developed and supplied. Services include technologies aimed at reducing fuel consumption and emissions for ships. The company serves international clients through its domain, eltronicfueltech.com, with activities centered in Europe but extending to global shipping needs. Engineering and integration support are also handled for vessel operators.
Eltronic FuelTech offers Methanol Fuel Systems, Ammonia Fuel Systems, LNG Fuel Systems, LPG Fuel Systems, and Sensors.
Eltronic FuelTech has 2 investors. Key investors include European Union, and G&O Maritime Group.