Schottel Hydro

Morsbach, Germany Founded: 1921 • Age: 105 yrs
Hydrokinetic turbines and semi-submerged platforms are provided.
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About Schottel Hydro

Schottel Hydro is a company based in Morsbach (Germany) founded in 1921.. The company has 733 employees as of December 31, 2019. Schottel Hydro has completed 2 acquisitions, including Elkon and HW Elektrotechnik. Schottel Hydro offers products and services including RudderPropeller, EcoPeller, TwinPropeller, PumpJet, and TransverseThruster. Schottel Hydro operates in a competitive market with competitors including Carnegie Clean Energy, Ocean Power Technologies, Marine Power Systems, CorPower Ocean and Floating Power Plant, among others.

  • Headquarter Morsbach, Germany
  • Employees 733 as on 31 Dec, 2019
  • Sectors
    Energy & Utilities
  • Email
    ***********
  • Phone
    *********
  • Website
    *********
  • Social
    *********
  • Legal Name Schottel Gmbh
Operational Areas
Energy & Utilities → Renewable & Clean Energy
Key Metrics
  • Annual Revenue
    $173.1 M (USD)
    -22
    as on Dec 31, 2019
  • Net Profit
    $-3.78 M (USD)
    -161
    as on Dec 31, 2019
  • EBITDA
  • Latest Funding Round
  • Investors
  • Employee Count
    733

    as on Dec 31, 2019

  • Investments & Acquisitions
    Elkon

    & 1 more

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Products & Services of Schottel Hydro

Schottel Hydro offers a comprehensive portfolio of products and services, including RudderPropeller, EcoPeller, TwinPropeller, PumpJet, and TransverseThruster. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.

Primary

Steerable drive for ship maneuverability and efficiency

Environmentally efficient propeller for vessels

Dual-prop system for enhanced marine performance

Jet-based system for precise ship control

Thruster for improved vessel docking

People of Schottel Hydro
Headcount 1000-5000
Employee Profiles 66
Employee Profiles
People
Patrick Mota
After Sales Administrative Analyst
People
Maneesh Kumar
Service Engineer - Electrical
People
Andreas Spitzhorn
Team Manager - Technical Product Support
People
Andy Spaargaren
Manager/ Coördinator Service

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Funding Insights of Schottel Hydro

  • Total Funding
  • Total Rounds 1
  • Last Round
  • First Round
  • Investors Count 1
Date Amount Transaction Name Valuation Lead Investors Investors
Oct, 2022 Amount Grant - Schottel Hydro Valuation

investors

Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Investors in Schottel Hydro

Schottel Hydro has secured backing from 1 investor, including institutional investors. Prominent investors backing the company include Canadian Space Agency. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.

All
Institutional
Investor Description Founded Year Domain Location
Canadian space agency focused on social and economic benefits
Founded Year Domain Location
Investor Description Founded Year Domain Location
Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
Founded Year Domain Location
Startup ecosystems are ignited through strategic investments by Signite Partners.
Founded Year Domain Location
Venture capital is directed toward companies in multiple sectors.
Founded Year Domain Location
Venture capital is invested in cybersecurity, fintech, and AI startups.
Founded Year Domain Location

Investments & Acquisitions by Schottel Hydro

Schottel Hydro has strategically engaged in corporate development activities, having acquired 2 companies. Notable acquisitions include Elkon and HW Elektrotechnik. These strategic investments and acquisitions demonstrate the company's commitment to growth through portfolio expansion, market consolidation, technology integration, and strategic partnerships that enhance competitive positioning and drive long-term value creation.

Investments
Company Name Description Domain Location Founded Year Amount
Bionic investment advisor platform
2016
Fine Asian gourmet food is offered by an internet-first restaurant.
2016
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014
Fine Asian gourmet food is offered by an internet-first restaurant.
2016
Acquisitions
Company Name Description Domain Location Founded Year Amount
Provider of control, switchgear, automation technology, and power plant construction services
1992
Manufacturer of low voltage switch boards, cables, lightning, and other equipments
1980
Company Name Description Domain Location Founded Year Amount
OVO is recognized as a smart digital payment application.
2017
Bionic investment advisor platform
2016
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014

Financial Statements - Schottel Hydro

Tata Steel revenue growth over time
Tata Steel profit and loss trends over time
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Schottel Hydro Comparisons

Employees
+
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Competitors of Schottel Hydro

Schottel Hydro 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 Carnegie Clean Energy, Ocean Power Technologies, Marine Power Systems, CorPower Ocean and Floating Power Plant, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.

Company Name Domain Founded year HQ Location Description
domain founded_year HQ Location
CETO wave energy converters and solar PV systems are provided.
domain founded_year HQ Location
Ocean energy technologies are provided for intelligent maritime solutions.
domain founded_year HQ Location
Modular technology for deep-water offshore wind deployment is engineered.
domain founded_year HQ Location
Wave energy converter solutions provider
domain founded_year HQ Location
Floating wind and wave energy systems are developed and deployed.
domain founded_year HQ Location
Wave energy is generated via buoy-anchored wire systems.
Company Name Domain Founded year HQ Location Description
domain founded_year HQ Location
Multiple services are booked via an app-based platform.
domain founded_year HQ Location
On-demand services are booked through an app-based platform.
domain founded_year HQ Location
App based platform offering on demand delivery and ride-hailing services
domain founded_year HQ Location
Operates an on-demand hyperlocal delivery app for food and groceries.

Latest news on Schottel Hydro

Frequently Asked Questions about Schottel Hydro

When was Schottel Hydro founded?

Schottel Hydro was founded in 1921 and raised its 1st funding round 101 years after it was founded.

Where is Schottel Hydro located?

Schottel Hydro is headquartered in Morsbach, Germany. It is registered at Morsbach, North Rhine-westphalia, Germany.

How many employees does Schottel Hydro have?

As of Dec 31, 2019, the latest employee count at Schottel Hydro is 733.

What is the annual revenue of Schottel Hydro?

Annual revenue of Schottel Hydro is $173.1M as on Dec 31, 2019.

What does Schottel Hydro do?

Founded in 1921 and based in Morsbach, Germany, operations are focused on the renewable energy sector. Hydrokinetic turbines and semi-submerged platforms are supplied, along with drive and control systems such as SRP, SRE, STP, SCP, SPJ, and SRT. The Schottel Instream Turbine, a horizontal axis model, is designed for electrical power generation. Gear technology, turbine hubs, and pitch blades are also offered to support marine energy applications.

Who are the top competitors of Schottel Hydro?

Schottel Hydro's top competitors include Marine Power Systems, Carnegie Clean Energy and CorPower Ocean.

What products or services does Schottel Hydro offer?

Schottel Hydro offers RudderPropeller, EcoPeller, TwinPropeller, PumpJet, and TransverseThruster.

How many acquisitions has Schottel Hydro made?

Schottel Hydro has made 2 acquisitions, including Elkon, and HW Elektrotechnik.

Who are Schottel Hydro's investors?

Schottel Hydro has 1 investor. Key investors include Canadian Space Agency.

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