BayoTech Competitors and Similar CompaniesClear all
Plug Power's competitors and similar companies include Nel Hydrogen and BMpower.
 Nel Hydrogen Nel ASA is a company that develops and manufactures PEM and alkaline electrolysers for hydrogen production. | |||
Founding Date | Founding Date 1997 | Founding Date 1927 | Founding Date 2016 |
Type | Type Public | Type Public | Type Private |
Tags | |||
Locations | Locations Latham, US HQ | Locations Moscow, RU HQ | |
Employees | Employees 3,22410% decrease | Employees 394 | Employees 1 |
Valuation ($) | Valuation ($) 2 b | Valuation ($) 702.1 m | Valuation ($) N/A |
Financial | |||
Revenue (est.) | Revenue (est.) $709.9m (FY, 2025) | Revenue (est.) kr963.1m (FY, 2025) | Revenue (est.) N/A |
Cost of goods | Cost of goods $952m (FY, 2025) | Cost of goods kr400.6m (FY, 2025) | Cost of goods N/A |
Gross profit | Gross profit ($242m) (FY, 2025) | Gross profit kr678.2m (FY, 2025) | Gross profit N/A |
Net income | Net income ($1.7b) (FY, 2025) | Net income (kr1.3b) (FY, 2025) | Net income (₽1.4m) (FY, 2023) |
Funding | |||
Total funding raised | Total funding raised $ 87.7m | Total funding raised $ 75m | Total funding raised N/A |
For sources of this data, please see the company profile
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Nel Hydrogen
HQ
Oslo, NO
Employees
394
Nel ASA is a company that develops and manufactures PEM and alkaline electrolysers for hydrogen production.
View company
BMpower
HQ
Moscow, RU
Employees
1
BMPower is a designer and manufacturer of electrochemical energy sources.
View company