Ballard Power Systems

● Active

Clean Energy & Technology · Burnaby, British Columbia, Canada · Est. 1979

fuel cellhydrogenclean energyzero emissiontransportationmobilityPEMCanadapublic↗ Website

$750M

Valuation

$92M

Revenue

2k+

Employees

1979

Founded

Ballard Power Systems is a global leader in proton exchange membrane (PEM) fuel cell technology, headquartered in Burnaby, British Columbia. Founded in 1979, Ballard develops and manufactures fuel cell engines for zero-emission mobility applications including heavy-duty buses, commercial trucks, rail vehicles, marine vessels, and stationary power systems. With a mission to accelerate the world transition to clean energy, Ballard powers some of the world's most demanding zero-emission transportation programs and has shipped over 1,000 fuel cell modules globally.

Recent Press

5 items

PRESS RELEASE·2 days ago

Ballard Power Systems Launches Next-Generation Clean Energy & Technology Infrastructure Platform

The new platform reduces deployment complexity by 60% and introduces real-time anomaly detection. Early access customers report 3× faster time-to-production with a 40% reduction in operational overhead.

FUNDING·3 weeks ago

Ballard Power Systems Secures $220M Series F at $6.8B Valuation

The round was led by Andreessen Horowitz with participation from Sequoia and existing investors. Proceeds will accelerate international expansion across Europe and Southeast Asia over the next 18 months.

ACQUISITION·5 weeks ago

Ballard Power Systems Acquires Developer Tooling Startup Stackform for $85M

The 18-person Stackform team joins Ballard Power Systems Engineering. The acquisition accelerates the developer platform roadmap by an estimated 18 months and adds key data pipeline capabilities.

PRESS RELEASE·2 months ago

Ballard Power Systems Expands Strategic Partnership with Google Cloud

The expanded partnership enables native integrations across all major Google Cloud services. Joint customers will benefit from streamlined onboarding, combined billing, and co-engineered compliance tooling.

EARNINGS·3 months ago

Ballard Power Systems Reports Q3 Revenue Up 41% Year-Over-Year, Beats Estimates

Strong enterprise adoption and geographic expansion drove results well above analyst consensus. Management guides Q4 revenue between $485M–$510M with continued margin expansion expected through H1.

Company History

9 milestones

Ballard Power Systems is established with a founding team of 6. The company sets out to reimagine clean energy & technology infrastructure from the ground up, with its first office in Burnaby, British Columbia, Canada.

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