Ballard Power Systems
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Ballard Power Systems Template:Tsx Template:Nasdaq, 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 founded by Dr. Geoffrey Ballard.
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 that include
- portable power products; and
- larger stationary generation products.
Ballard Power Systems's main objective is to develop fuel-cell technology, and that objective includes a mission to develop fuel-cell power as a practical alternative to internal combustion engine. Ballard® develops fuel-cell technology for automobiles, buses, electrical equipment, portable power and stationary products, to reduce their environmental impacts. Ballard®'s vision is Power to Change the World®.
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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 (NYSE: UTX)
- Hydrogenics (TSX: HYG)
- Plug Power (Nasdaq: PLUG)
- FuelCell Energy (Nasdaq: FCEL)
- Fuel Cell Technologies (TSX Venture Exchange FCT)
Divisions
- XCELLSIS Fuel Cell Engines