Nel Hydrogen Competitors and Similar CompaniesClear all
Nel Hydrogen's competitors and similar companies include ITM Power.
 Nel Hydrogen Nel ASA is a company that develops and manufactures PEM and alkaline electrolysers for hydrogen production. |  ITM Power ITM Power is a company that specializes in designing and manufacturing proton exchange membrane (PEM) electrolysers. | |
Founding Date | Founding Date 1927 | Founding Date 2000 |
Type | Type Public | Type Public |
Tags | ||
Locations | Locations Rotherham, GB HQ Queensland, AU Linden, DE Edinburgh, GB Sheffield, GB | |
Employees | Employees 394 | Employees 30814% decrease |
Valuation ($) | Valuation ($) 702.1 m | Valuation ($) 323.5 m |
Financial | ||
Revenue (est.) | Revenue (est.) kr963.1m (FY, 2025) | Revenue (est.) £26m (FY, 2025) |
Cost of goods | Cost of goods kr400.6m (FY, 2025) | Cost of goods £42.3m (FY, 2025) |
Gross profit | Gross profit kr678.2m (FY, 2025) | Gross profit (£12.9m) (FY, 2025) |
Net income | Net income (kr1.3b) (FY, 2025) | Net income (£45.5m) (FY, 2025) |
Funding | ||
Total funding raised | Total funding raised $ 75m | Total funding raised $ 15.2m |
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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.
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