BayoTech Competitors and Similar CompaniesClear all

BayoTech's competitors and similar companies include Plug Power and Nel Hydrogen.

	BayoTech BayoTech is a company that provides hydrogen production, transport, and storage solutions.	Plug Power Plug Power is a company that provides hydrogen and fuel cell solutions.	Nel Hydrogen Nel ASA is a company that develops and manufactures PEM and alkaline electrolysers for hydrogen production.
Founding Date	Founding Date 2015	Founding Date 1997	Founding Date 1927
Type	Type Private	Type Public	Type Public
Tags	Tags Energy & Utilities energy storage hydrogen metal products	Tags Energy & Utilities energy storage hydrogen renewables	Tags Energy & Utilities energy storage hydrogen renewables
Locations	Locations Albuquerque, US HQ	Locations Latham, US HQ	Locations Oslo, NO HQ Vienna, AT Brussels, BE Santiago, CL Munich, DE Notodden, NO Porsgrunn, NO see more
Employees	Employees 705% decrease	Employees 3,22410% decrease	Employees 394
Valuation ($)	Valuation ($) N/A	Valuation ($) 2 b	Valuation ($) 702.1 m
Financial
Revenue (est.)	Revenue (est.) N/A	Revenue (est.) $709.9m (FY, 2025)	Revenue (est.) kr963.1m (FY, 2025)
Cost of goods	Cost of goods N/A	Cost of goods $952m (FY, 2025)	Cost of goods kr400.6m (FY, 2025)
Gross profit	Gross profit N/A	Gross profit ($242m) (FY, 2025)	Gross profit kr678.2m (FY, 2025)
Net income	Net income N/A	Net income ($1.7b) (FY, 2025)	Net income (kr1.3b) (FY, 2025)
Funding
Total funding raised	Total funding raised $ 174.1m	Total funding raised $ 87.7m	Total funding raised $ 75m