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Ballard Power Systems

Ballard Power Systems
Company nameBallard Power Systems
Company typePublic
(Nasdaq - BLDP, Tsx - BLD)
SloganPower to Change the World
IndustryAlternative energy
HeadquartersBurnaby, British Columbia, Canada
Key peopleIan A. Bourne, (Chairman), John Sheridan (President and CEO)
ProductsFuel cells
Revenue(+)$66 million USD (2007)
Net income(-)$-57 million USD (2007)
Employees699 (2008)

     Home | Company | Ballard Power Systems

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. This company has made a bus that uses only hydrogen fuel cells. These fuel cells combine hydrogen and oxygen to produce electricity and water. No pollution is produced by this process, and the water is good enough to drink.

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 is a member of the British Columbia Technology Industry Association.

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