About ITM Power
ITM Power is a publicly listed company based in Sheffield (United Kingdom) founded in 2001. It designs and manufactures hydrogen energy systems. Its chief executive, as recorded, is Dennis Schulz. Its website itm-power.com draws about 21 thousand monthly visits. ITM Power offers products and services including TRIDENT, NEPTUNE II, NEPTUNE V, and POSEIDON. Its focus areas include Energy Tech, Energy Storage Tech, Hydrogen and Hydrogen Generation. Its legal entity is ITM POWER PLC.
Company details
ITM Power was founded in 2001 in Sheffield, United Kingdom, within the clean energy sector. Electrolyzers and integrated hydrogen systems are developed and produced to enable the conversion of renewable energy sources into storable clean fuel. These systems support applications in transportation, residential heating, and industrial processes, with operations centered on sustainable hydrogen production technologies.
- Headquarters Sheffield, United Kingdom
- Stage Public
- SectorsEnergy & Utilities
- Phone•••• ••••
- Website itm-power.com
- Social LinkedIn X Facebook YouTube
- Legal Name Itm Power Plc
- Annual Revenue$34.77 M (USD)57.73as on Apr 30, 2025
- Net Profit-$60.78 M (USD)-67.19as on Apr 30, 2025
- EBITDA-$215.63 M (USD)-408.77as on Apr 30, 2025
- Latest Funding Round$140.98K (USD), Grant
Oct 2022
- InvestorsGov.uk
& 10 more
Products & Services of ITM Power
ITM Power offers a comprehensive portfolio of products and services, including TRIDENT, NEPTUNE II, NEPTUNE V, and POSEIDON.
Leading PEM electrolyser stack for containerised hydrogen production.
Autonomous 2MW electrolyser for small-scale green hydrogen projects.
5MW electrolyser for mid-size renewable energy hydrogen generation.
20MW module for large-scale industrial hydrogen production applications.
Apps and channels of ITM Power
its YouTube channel ITM Power has 1.92K subscribers and 20 videos.
Videos from ITM Power
The most watched videos on ITM Power's YouTube channel, ITM Power (1.92K subscribers). Click a video to play it here.
More on ITM Power.
Funding Insights of ITM Power
- Total Rounds 23
- Last Round Grant — $140,976
- Investors Count 11
Latest 10 of 23 funding rounds of ITM Power with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Oct 2022 | $140,976 | Grant | – | – | |
| Nov 2021 | $12.63M | Grant | – | – | |
| Oct 2021 | $15.58M | Grant | – | – | |
| Jan 2021 | Grant | – | – | – | |
| Oct 2020 | $216.24M | Post-IPO | – | – | |
| Oct 2019 | $46.68M | Post-IPO | – | – | |
| Sep 2019 | Post-IPO | – | – | ||
| Aug 2019 | $950,000 | Grant | – | – | |
| Feb 2019 | $4.03M | Grant | – | – | |
| Sep 2018 | Grant | – | – |
11 investors in total: 11 institutional.
Investors in ITM Power
ITM Power has secured backing from 11 investors, including institutional and venture fund investors. Prominent investors backing the company include Gov.uk, Linde and Snam.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Venture capital and accelerator company funding companies in the UK | 2001 | carbontrust.com | Wilmslow, United Kingdom | |
Venture capital investment and support for founders in technology and health sectors. | octopusventures.com | |||
Online government services and information are provided to users. | 1707 | gov.uk | London, United Kingdom | |
Government entites focused on freedom, democracy, equality and the rule of law, promoting peace and stability | 1958 | europa.eu | Brussels, Belgium | |
Energy corporation | 1941 | snam.it | San Donato Milanese, Italy | |
Industrial gases and engineering services are supplied to diverse sectors. | 1879 | linde.com | Woking, United Kingdom | |
Global firm providing investment capabilities in equities, fixed income, and multi-asset strategies. | 2012 | allianzgi.com | Boston, United States | |
Provider of public, living relief, strengthening medicare, jobs, skills and training services | 1901 | australia.gov.au | Canberra, Australia | |
Firm engaged in research activities related to energy industry | fch.europa.eu | Brussels, Belgium | ||
Earthmoving and construction equipment are manufactured by JCB worldwide. | 1945 | jcb.com | Uttoxeter, United Kingdom |
Investor details for ITM Power
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
- Complete investor list
- Round participation
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Verified entity values are shown only after access is granted.
People of ITM Power
71 people are tracked at ITM Power (15 in leadership, 5 in board & advisors, 51 in team).
| Name | Role | Group |
|---|---|---|
Dennis Schulz | CEO | Leadership |
John Newton | Head Of Product Safety & Compliance | Leadership |
Pedram Pazouki | Vice President Products & Projects | Leadership |
Simon Bourne | Chief Technology Officer | Leadership |
Andy Allen | Finance Director | Leadership |
Marcus Newborough | Development Director | Leadership |
Ben Green | Chief Engineer | Leadership |
Sue Faulding | Talent Recruitment Partner | Leadership |
Sharon Poulter | Head Of Marketing | Leadership |
Gary Saunders | Head Of Product Development | Leadership |
James Collins | Head Of Corporate Affairs | Leadership |
Frederic Marchal | Chief Engineer | Leadership |
Eoin Hughes | Head Of Production Engineering | Leadership |
Martin Clay | Operations Director | Leadership |
Tim Calver | VP Commercial | Leadership |
Martin Green | Senior Independent Director, Chair Of Audit Committee, | Board & advisors |
Juergen Nowicki | Non Executive Director | Board & advisors |
Roger Bone | Non-Executive Chairman | Board & advisors |
Robert Pendlebury | Non Executive Director | Board & advisors |
Rachel Smith | Executive Director | Board & advisors |
51 more people are available in the full profile.
Complete people profiles for ITM Power
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
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IPO & Listings of ITM Power
ITM Power is a publicly listed company on the LSE with ticker symbol ITM in UK, 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.
- IPO date11 Jun 2004
- Listed onLSE: ITM
- Listed entityITM Power PLC
- Exchange sectorProducer manufacturing
- ISINGB00B0130H42
- Share price95.86 GBX (+0.8% on the day) · 2026-10-14
- Market capitalisation657,526,688.00 GBX
- Volume (last session)578,131
Financials of ITM Power
| Year | Revenue | Net income | EBITDA |
|---|---|---|---|
| 2024 | 26.0M GBP | -45.5M GBP | -161.5M GBP |
| 2023 | 16.5M GBP | -27.2M GBP | -31.7M GBP |
| 2022 | 5.2M GBP | -101.2M GBP | -96.9M GBP |
| 2021 | 5.6M GBP | -46.7M GBP | -41.5M GBP |
| 2020 | 4.3M GBP | -27.7M GBP | -22.1M GBP |
Detailed financial statements for ITM Power
Statement rows, ratios, five-year trends and downloadable financials of the group companies require an active premium plan.
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Timeline of ITM Power
4 dated milestones of ITM Power across 21 years, from founding to its latest funding, stage changes and deals.
- Founded ITM Power is founded.
- Funding First funding round.
- IPO Lists on the stock exchange (IPO).
- Funding Latest funding round, Grant, of $141K.
Web traffic of ITM Power
The website of ITM Power (itm-power.com) receives about 20.9K visits a month.
- Monthly visits20.9K
▲ 12.8% vs previous month
Websites whose visitors overlap most with ITM Power. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
| horizonfuelcell.com | 100% | 3.1K | #5,431,467 | View details | |
thehydrogencompany.com | thehydrogencompany.com | 100% | – | ||
iphe.net | iphe.net | 98% | – | ||
hydrogenfuelnews.com | hydrogenfuelnews.com | 98% | #2,980,286 | – | |
| safehydrogen.com | 98% | View details | |||
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
All 9 similar websites and full traffic analytics for ITM Power
The complete similar-websites list, audience overlap and engagement analytics require an active premium plan.
- 9 similar websites
- Audience overlap
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- Traffic by brand
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Top companies in Energy Storage Systems
2 companies that operate in the same segment as ITM Power (Energy Storage Systems) in United Kingdom, ranked by their profile score on The Company Check.
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Related news about Itm Power
Complete news archive for ITM Power
Full article history, source details, and older brand coverage require an active premium plan.
- Full article archive
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- Older coverage
- Brand-specific news history
Verified entity values are shown only after access is granted.
Frequently Asked Questions about ITM Power
ITM Power was founded in 2001.
ITM Power is headquartered in Sheffield, United Kingdom. It is registered at Sheffield, England, United Kingdom.
Dennis Schulz is the CEO of ITM Power, as recorded in our data.
Annual revenue of ITM Power is $34.77M as on Apr 30, 2025.
ITM Power was founded in 2001 in Sheffield, United Kingdom, within the clean energy sector. Electrolyzers and integrated hydrogen systems are developed and produced to enable the conversion of renewable energy sources into storable clean fuel. These systems support applications in transportation, residential heating, and industrial processes, with operations centered on sustainable hydrogen production technologies.
ITM Power offers TRIDENT, NEPTUNE II, NEPTUNE V, and POSEIDON.
Yes, ITM Power is publicly traded on LSE under the ticker symbol ITM.
ITM Power has 11 investors. Key investors include Gov.uk, Linde, Snam, Carbon Trust, and JCB.
ITM Power operates through Itm Power Plc.