![]() Materials and Systems Research Materials and Systems Research is a company that provides materials research and development services. | ![]() Cavendish Hydrogen Denmark Cavendish Hydrogen Denmark (formerly known as H2 Logic, Nel Hydrogen) is a hydrogen refueling company. | ![]() 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.
| Clean Hydrogen Partnership Clean Hydrogen Partnership (also known as Clean Hydrogen Joint Undertaking, formerly known as The Fuel Cells and Hydrogen Joint Undertaking, FCH JU) is a company that supports technological development and demonstration and research activities in fuel cell and hydrogen energy technologies. | Hydrogen Europe Hydrogen Europe is a company that specializes in clean hydrogen and fuel cell technologies. | |
Founding Date | Founding Date 1990 | Founding Date 2003 | Founding Date 2008 | Founding Date 2002 | Founding Date 2007 |
Type | Type Private | Type Subsidiary | Type Public | Type Private | Type Private |
Tags | |||||
Locations | Locations Salt Lake City, US HQ | Locations Herning, DK HQ | Locations Göteborg, SE HQ Frankfurt Am Main, DE | Locations Sint-Gillis, BE HQ | Locations Brussels, BE HQ |
Employees | Employees 1 | Employees 198 | Employees 146 | Employees 51 | Employees 805% increase |
Financial | |||||
Revenue (est.) | Revenue (est.) N/A | Revenue (est.) kr204.1m (FY, 2023) | Revenue (est.) kr385m (FY, 2025) | Revenue (est.) €2.4m (FY, 2023) | Revenue (est.) N/A |
Cost of goods | Cost of goods N/A | Cost of goods kr116.5m (FY, 2023) | Cost of goods kr183.9m (FY, 2025) | Cost of goods N/A | Cost of goods N/A |
Gross profit | Gross profit N/A | Gross profit kr87.6m (FY, 2023) | Gross profit kr227.5m (FY, 2025) | Gross profit N/A | Gross profit €2.8m (FY, 2023) |
Net income | Net income N/A | Net income (kr125.8m) (FY, 2023) | Net income (kr29.5m) (FY, 2025) | Net income (€88.2m) (FY, 2023) | Net income €47k (FY, 2023) |
Funding | |||||
Total funding raised | Total funding raised $ 2.8m | Total funding raised N/A | Total funding raised $ 35.9m | Total funding raised N/A | Total funding raised N/A |

Cavendish Hydrogen Denmark (formerly known as H2 Logic, Nel Hydrogen) is a hydrogen refueling company.
View company
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.
View companyClean Hydrogen Partnership (also known as Clean Hydrogen Joint Undertaking, formerly known as The Fuel Cells and Hydrogen Joint Undertaking, FCH JU) is a company that supports technological development and demonstration and research activities in fuel cell and hydrogen energy technologies.
View companyHydrogen Europe is a company that specializes in clean hydrogen and fuel cell technologies.
View company