Ballard Power Systems

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Ballard Power Systems (TSX: [BLD], NASDAQ: [BLDP]), located in Burnaby, British Columbia -- a suburb of Vancouver -- is a company that designs, develops, and manufactures zero emission proton-exchange-membrane fuel cells.

Ballard Power Systems was originally founded as Ballard Research by Dr. Geoffrey Ballard. The company went public in 1993 on the Toronto Exchange, and in 1995, listed on NASDAQ.

Some of the work performed by Ballard has included commercialization of:

• fuel cell engines for the transportation market
• electric drives for both fuel cell and battery-powered electric vehicles
• power conversion products for fuel cell generators
• microturbines and other distributed generation technologies
• fuel cell systems for markets such as portable power products and larger stationary generation products.

Ballard Power Systems's main objective is to develop fuel-cell technology, particularly as a practical alternative to the internal combustion engine. Ballard develops fuel-cell technology for automobiles, buses, electrical equipment, portable power and stationary products, to reduce their environmental impacts.

Competitors

Although Ballard Power Systems is one of the larger companies developing fuel cell technology, its chief competitors include:

• UTC Power (also known as UTC Fuel Cells), a unit of United Technologies
• Hydrogenics
• Plug Power
• FuelCell Energy
• Fuel Cell Technologies

Divisions

• XCELLSIS Fuel Cell Engines

See also

• Fuel Cell Bus Club

External links

• [Official site]

References

 

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