![]() HyAxiom HyAxiom (formerly known as Doosan Fuel Cell America) is a company that provides hydrogen-based energy solutions. | ![]() Ballard Power Systems Ballard Power Systems is a provider of hydrogen fuel cell products and services. | FuelCell Energy FuelCell Energy (formerly known as Energy Research) is a company that provides clean energy and fuel cell technology solutions. | ![]() PowerCell Group PowerCell Group (also known as PowerCell Sweden) is a company that develops and produces fuel cells and fuel cell systems with high-power density powered by hydrogen.
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Founding Date | Founding Date 2014 | Founding Date 2000 | Founding Date 1997 | Founding Date 1979 | Founding Date 1969 | Founding Date 2001 | Founding Date 2008 |
Type | Type Subsidiary | Type Public | Type Public | Type Public | Type Public | Type Private | Type Public |
Tags | |||||||
Locations | Locations East Hartford, US HQ Boston, US South Windsor, US | Locations Brunnthal, DE HQ Calgary, CA Gurugram, IN Almelo, NL | Locations Latham, US HQ | Locations Burnaby, CA HQ Guangzhou, CN Weifang, CN Hobro, DK Bend, US | Locations Danbury, US HQ Calgary, CA Taufkirchen, DE Pohang, KR Torrington, US | Locations Loughborough, GB HQ Tokyo, JP Cupertino, US | Locations Göteborg, SE HQ Frankfurt Am Main, DE |
Employees | Employees 2431% increase | Employees 4884% increase | Employees 3,22410% decrease | Employees 887 | Employees 5841% decrease | Employees 18920% decrease | Employees 146 |
Valuation ($) | Valuation ($) N/A | Valuation ($) 369.7 m | Valuation ($) 2 b | Valuation ($) 497.3 m | Valuation ($) 189.4 m | Valuation ($) N/A | Valuation ($) 225.2 m |
Financial | |||||||
Revenue (est.) | Revenue (est.) N/A | Revenue (est.) €143.3m (FY, 2025) | Revenue (est.) $709.9m (FY, 2025) | Revenue (est.) $99.4m (FY, 2025) | Revenue (est.) $158.2m (FY, 2025) | Revenue (est.) £7.1m (FY, 2024) | Revenue (est.) kr385m (FY, 2025) |
Cost of goods | Cost of goods N/A | Cost of goods €80.1m (FY, 2025) | Cost of goods $952m (FY, 2025) | Cost of goods $89.8m (FY, 2025) | Cost of goods $184.6m (FY, 2025) | Cost of goods £9.6m (FY, 2024) | Cost of goods kr183.9m (FY, 2025) |
Gross profit | Gross profit N/A | Gross profit €63.5m (FY, 2025) | Gross profit ($242m) (FY, 2025) | Gross profit $9.6m (FY, 2025) | Gross profit ($26.4m) (FY, 2025) | Gross profit (£2.5m) (FY, 2024) | Gross profit kr227.5m (FY, 2025) |
Net income | Net income N/A | Net income (€887k) (FY, 2025) | Net income ($1.7b) (FY, 2025) | Net income ($90.9m) (FY, 2025) | Net income ($191.4m) (FY, 2025) | Net income (£21.1m) (FY, 2024) | Net income (kr29.5m) (FY, 2025) |
Operating ⚠ | |||||||
Backlog | Backlog N/A | Backlog €15.9m (Q1, 2020) | Backlog N/A | Backlog N/A | Backlog $1.1b (FY, 2022) | Backlog N/A | Backlog N/A |
Funding | |||||||
Total funding raised | Total funding raised N/A | Total funding raised N/A | Total funding raised $ 87.7m | Total funding raised $ 174.7m | Total funding raised $ 65m | Total funding raised N/A | Total funding raised $ 35.9m |

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