Avium Competitors and Similar CompaniesClear all
Plug Power's competitors and similar companies include ITM Power and Harnyss.
 ITM Power ITM Power is a company that specializes in designing and manufacturing proton exchange membrane (PEM) electrolysers. | |||
Founding Date | Founding Date 1997 | Founding Date 2000 | Founding Date 2021 |
Type | Type Public | Type Public | Type Private |
Tags | |||
Locations | Locations Latham, US HQ | Locations Rotherham, GB HQ Queensland, AU Linden, DE Edinburgh, GB Sheffield, GB | Locations Fort Worth, US HQ |
Employees | Employees 3,22410% decrease | Employees 30814% decrease | Employees 9 |
Valuation ($) | Valuation ($) 2 b | Valuation ($) 323.5 m | Valuation ($) N/A |
Financial | |||
Revenue (est.) | Revenue (est.) $709.9m (FY, 2025) | Revenue (est.) £26m (FY, 2025) | Revenue (est.) N/A |
Cost of goods | Cost of goods $952m (FY, 2025) | Cost of goods £42.3m (FY, 2025) | Cost of goods N/A |
Gross profit | Gross profit ($242m) (FY, 2025) | Gross profit (£12.9m) (FY, 2025) | Gross profit N/A |
Net income | Net income ($1.7b) (FY, 2025) | Net income (£45.5m) (FY, 2025) | Net income N/A |
Funding | |||
Total funding raised | Total funding raised $ 87.7m | Total funding raised $ 15.2m | Total funding raised N/A |
For sources of this data, please see the company profile
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ITM Power
HQ
Rotherham, GB
Employees
308↓ 14% decrease
ITM Power is a company that specializes in designing and manufacturing proton exchange membrane (PEM) electrolysers.
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Harnyss
HQ
Fort Worth, US
Employees
9
Harnyss is a company that provides hydrogen storage solutions.
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