FuelCell Energy FuelCell Energy (formerly known as Energy Research) is a company that provides clean energy and fuel cell technology solutions. | ![]() ITM Power ITM Power is a company that specializes in designing and manufacturing proton exchange membrane (PEM) electrolysers. | |
Founding Date | Founding Date 1969 | Founding Date 2000 |
Type | Type Public | Type Public |
Tags | ||
Locations | Locations Danbury, US HQ Calgary, CA Taufkirchen, DE Pohang, KR Torrington, US | Locations Rotherham, GB HQ Queensland, AU Linden, DE Edinburgh, GB Sheffield, GB |
Employees | Employees 5841% decrease | Employees 30814% decrease |
Valuation ($) | Valuation ($) 189.4 m | Valuation ($) 323.5 m |
Financial | ||
Revenue (est.) | Revenue (est.) $158.2m (FY, 2025) | Revenue (est.) £26m (FY, 2025) |
Cost of goods | Cost of goods $184.6m (FY, 2025) | Cost of goods £42.3m (FY, 2025) |
Gross profit | Gross profit ($26.4m) (FY, 2025) | Gross profit (£12.9m) (FY, 2025) |
Net income | Net income ($191.4m) (FY, 2025) | Net income (£45.5m) (FY, 2025) |
Operating ⚠ | ||
Backlog | Backlog $1.1b (FY, 2022) | Backlog £171m (FY, 2021) |
Funding | ||
Total funding raised | Total funding raised $ 65m | Total funding raised $ 15.2m |

ITM Power is a company that specializes in designing and manufacturing proton exchange membrane (PEM) electrolysers.
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