Hydrogenics Competitors and Similar CompaniesClear all

PowerCell Group's competitors and similar companies include HIAT and ITM Power.
PowerCell Group
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.
HIAT
HIAT
H.I.A.T. (Hydrogen Institute of Applied Technologies) is an organization specializing in the research and development of hydrogen and fuel cell technology.
ITM Power
ITM Power
ITM Power is a company that specializes in designing and manufacturing proton exchange membrane (PEM) electrolysers.
Founding Date
Founding Date
2008
Founding Date
2002
Founding Date
2000
Type
Type
Public
Type
Private
Type
Public
Tags
Locations
Locations
Göteborg, SE HQ
Frankfurt Am Main, DE
Locations
Schwerin, DE HQ
Locations
Rotherham, GB HQ
Queensland, AU
Linden, DE
Edinburgh, GB
Sheffield, GB
Employees
Employees
146
Employees
433% increase
Employees
30814% decrease
Valuation ($)
Valuation ($)
225.2 m
Valuation ($)
N/A
Valuation ($)
323.5 m

Financial

Revenue (est.)
Revenue (est.)
kr385m (FY, 2025)
Revenue (est.)
N/A
Revenue (est.)
£26m (FY, 2025)
Cost of goods
Cost of goods
kr183.9m (FY, 2025)
Cost of goods
N/A
Cost of goods
£42.3m (FY, 2025)
Gross profit
Gross profit
kr227.5m (FY, 2025)
Gross profit
N/A
Gross profit
(£12.9m) (FY, 2025)
Net income
Net income
(kr29.5m) (FY, 2025)
Net income
N/A
Net income
(£45.5m) (FY, 2025)

Funding

Total funding raised
Total funding raised
$ 35.9m
Total funding raised
N/A
Total funding raised
$ 15.2m
For sources of this data, please see the company profile

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HIAT
HQ
Schwerin, DE
Employees
4↑ 33% increase

H.I.A.T. (Hydrogen Institute of Applied Technologies) is an organization specializing in the research and development of hydrogen and fuel cell technology.

View company
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.

View company