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Type of Company:
Type:
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Company
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Ownership: |
Publicly Traded (BLDP, Toronto Stock Exchange) |
Company Size: |
275 Employees In BC (275 Total)
275 In BC (275 Total)
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Revenue: |
$76.00 Million CAD |
Year Founded: |
1979 |
Sector: |
CleanTech and Energy Technologies
CleanTech & Energy
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Region: |
Lower Mainland / South Coast
Lower Mainland
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Tags: |
fuel cell, clean energy, backup power, distributed generation, material handling
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Profile Views: |
52,929 Company Profile Views |
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Ballard Power Systems, Inc. is a global leader in PEM (proton exchange membrane) fuel cell technology. We provide clean energy fuel cell products enabling optimized power systems for a range of applications. Ballard offers smarter solutions for a clean energy future.
We are actively putting fuel cells to work in high-value commercial uses every day. In fact, Ballard has designed and shipped over 100 MW of hydrogen fuel cell technology to date.
Current Business Focus
Ballard has a multi-market growth focus in fuel cell products. This drives greater revenue and margin potential, while lowering risk for all stakeholders. Fuel cell applications are expected to broaden in the mid-term, although our focus today remains sharply on commercial opportunities in backup power, distributed generation, material handling and bus applications.
Backup Power - Fuel cells provide a highly reliable and cost-competitive power source for backup power in wireless telecom networks worldwide.
Distributed Generation - Fuel cells can take advantage of low-cost hydrogen streams from chemical and bio-gas production to generate power locally for onsite use or sale back to the grid.
Material Handling - Fuel cell-powered material handling equipment improves productivity in high-throughput warehouses and distribution centers, creating a compelling return on investment.
Bus - Fuel cell buses are clean vehicles, emitting no greenhouse gas or particulates matters and operate to the highest standards from the perspective of drivers, passengers and transit agencies.
Ballard's two supporting business segments are - material products and contract automotive.
Corporate Transformation
Ballard Power Systems, Inc. was founded in 1979, under the name "Ballard Research Inc.", to conduct research and development on high-energy lithium batteries. In the course of investigating environmentally clean energy systems with commercial potential, the Company began developing fuel cells in 1983. Over time Ballard entered into a number of strategic alliances related to fuel cell R&D, including an alliance with Daimler AG and Ford Motor Company.
The company undertook a major corporate transformation from 2007 to 2009. Strategic focus shifted from long-term, high cost automotive fuel cell R&D technology development to clean energy fuel cell products for near-term commercial markets.
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Date |
Type |
Amount |
Investors |
Sep 2, 2020 |
Unattributed |
$250 Million USD |
$250 million at-the-market Equity Distribution Agreement (the "ATM Program") with a series of underwriters in both Canada and the USA. |
Oct 1, 2020 |
Unattributed |
$250 Million CAD |
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Feb 11, 2021 |
Private Placement |
$550 Million USD |
a syndicate of underwriters led by TD Securities Inc. and National Bank Financial Inc., pursuant to which the Underwriters have agreed to purchase, on a bought deal basis, 14,870,000 common shares of the Company at a price of US$37.00 per Common Share for gross proceeds of US $550 million. |
Date |
Type |
Amount |
Investors |
Sep 2, 2020 |
Unattributed |
$250M USD |
$250 million at-the-market Equity Distribution Agreement (the "ATM Program") with a series of underwriters in both Canada and the USA. |
Oct 1, 2020 |
Unattributed |
$250M CAD |
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Feb 11, 2021 |
Private Placement |
$550M USD |
a syndicate of underwriters led by TD Securities Inc. and National Bank Financial Inc., pursuant to which the Underwriters have agreed to purchase, on a bought deal basis, 14,870,000 common shares of the Company at a price of US$37.00 per Common Share for gross proceeds of US $550 million. |
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Apr 16, 2021 |
Jr Electrical Engineer |
Details
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Apr 16, 2021 |
Sr. Electrical Engineer |
Details
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Apr 15, 2021 |
Intermediate Test Engineer |
Details
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Apr 15, 2021 |
Packaging Engineer |
Details
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Apr 15, 2021 |
Vice President, Investor Relations |
Details
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Apr 15, 2021 |
Manufacturing Excellence Engineer |
Details
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Apr 8, 2021 |
Systems Engineer |
Details
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Apr 7, 2021 |
Junior Production Planner |
Details
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Apr 7, 2021 |
Senior Production Planner |
Details
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Apr 6, 2021 |
Mechanical/ Electrical Technician |
Details
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1 - 10 of 42 results
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Mar 22, 2021
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Fuel Cell Electric Vehicles Powered by Ballard Have Now Driven Over 75 Million Kilometers – Enough to Circle the Globe 1,870 Times
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Mar 18, 2021
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Ballard to Power New Zealand's First-Ever Fuel Cell Electric Bus, Designed & Manufactured by Global Bus Ventures
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Mar 15, 2021
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Ballard Reports Q4 and Full Year 2020 Results, Year-end Cash Reserves of $763.4 Million
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Mar 11, 2021
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Paul Dobson Appointed SVP & CFO of Ballard Power Systems
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Mar 10, 2021
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Ballard Power Systems Wins Deal with CP to Power Hydrogen Locomotive Program with Ballard Fuel Cells
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Feb 12, 2021
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Ballard Power Systems Announces Monster U.S. $550 Million Bought Deal Financing (May Increase to U.S. $630 Million)
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Feb 11, 2021
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Ballard Signs Joint Development Agreement with Chart Industries For Heavy-Duty Mobility Onboard Hydrogen Solutions
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Feb 5, 2021
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Ballard Signs MOU with Global Energy Ventures For Development of Fuel Cell-Powered Ship
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Jan 18, 2021
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Ballard Power Systems' Banks Talk Up ESG Debt as It Eyes Possible Merger & Acquisition (M&A) Deals (Bloomberg)
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Jan 13, 2021
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Ballard Announces Order for Modules to Power Scotland's First Fuel Cell-Powered Train
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1 - 10 of 365 results
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