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Ballard Power Systems Inc. (NASDAQ:BLDP) shares are trading lower after it reported third-quarter results. Revenue fell 45% year-over-year to $14.8 million, missing the analyst consensus estimate ...
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Ballard Power Systems Inc. is a developer and manufacturer of proton exchange membrane (PEM) fuel cell products for markets such as heavy-duty motive (consisting of bus and tram applications), portable power, material handling as well as engineering services. Ballard has designed and shipped over 400 MW of fuel cell products to date.
Plenty of investors have chosen to power their portfolios with this fuel-cell specialist in 2019. But we're not ones to follow the herd.
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Geoffrey Edwin Hall Ballard, CM, OBC (16 October 1932 – 2 August 2008) was a Canadian geophysicist and businessman. A longtime advocate of replacing the internal combustion engine, in 1979 Ballard founded what would become Ballard Power Systems to develop commercial applications of the proton exchange membrane fuel cell (PEM).
The company was formed on February 1, 2008 [1] as a spin-off from its predecessor, Ballard Power Systems to allow for further expansion of fuel cell technology. [ 2 ] [ 3 ] After the split, Ballard continued as a publicly traded company focusing on non-automotive applications (including buses), while AFCC became a privately held company of 150 ...
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