Ballard Power Systems
Type	Public NASDAQ: BLDP, TSX: BLD
Founded	1979
Headquarters	Burnaby, BC
Key people	Ian A. Bourne, (Chairman), John Sheridan (President and CEO)
Industry	Alternative energy
Products	Fuel cells
Revenue	$46.453 million USD (2005)[1]
Net income	($86.553 million) USD (2005)[1]
Employees	600 (2005)[2]
Slogan	Power to Change the World
Website	www.ballard.com

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. Image File history File links Ballard_logo_new. ... A public company is a company owned by the public rather than by relatively few individuals. ... NASDAQ in Times Square, New York City. ... The Toronto Stock Exchange (also known as the TSX) is Canadas largest stock exchange, North Americas third largest stock exchange, and the sixth largest in the world. ... This page refers to the year 1979. ... Burnaby, British Columbia, Canada (49°16′N 122°58′W), is a city immediately east of Vancouver. ... Future energy development face great challenges due to an increasing world population, demands for higher standards of living, demands for less pollution and a much discussed end to fossil fuels. ... A fuel cell is an electrochemical device similar to a battery, but differing from the latter in that it is designed for continuous replenishment of the reactants consumed; i. ... Revenue is a U.S. business term for the amount of money that a company earns from its activities in a given period, mostly from sales of products and/or services to customers. ... ISO 4217 Code USD User(s) the United States, the British Virgin Islands, East Timor, Ecuador, El Salvador, the Marshall Islands, Micronesia, Palau, Panama, Turks and Caicos Islands, and the insular areas of the United States Inflation 3. ... Net income is equal to the income that a firm has after subtracting costs and expenses from the total revenue. ... Employment is a contract between two parties, one being the employer and the other being the employee. ... Look up Slogan in Wiktionary, the free dictionary. ... This page as shown in the AOL 9. ... The Toronto Stock Exchange (also known as the TSX) is Canadas largest stock exchange, North Americas third largest stock exchange, and the sixth largest in the world. ... NASDAQ in Times Square, New York City. ... Burnaby, British Columbia, Canada (49°16′N 122°58′W), is a city immediately east of Vancouver. ... Vancouver (pronounced: ) is a city in southwestern British Columbia, Canada. ... A corporation is a legal person which, while being composed of natural persons, exists completely separately from them. ... Zero emission refers to a motor or engine that, by virtue of being powered by electricity or more exotic means, generates no by-products other than water. ... Proton exchange membrane fuel cells, also known as polymer electrolyte membrane fuel cells (PEMFC), are a type of fuel cell being developed for transport applications as well as for stationary and portable applications. ... A fuel cell is an electrochemical device similar to a battery, but differing from the latter in that it is designed for continuous replenishment of the reactants consumed; i. ...

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.^[3] Photo of Dr. Geoffery Ballard Dr. Geoffrey Ballard is a Canadian businessman and the founder of Ballard Power Systems, where he served as chairman until 1997. ...

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 Power Systems's main objective is to develop fuel-cell technology. With a key attribute to reduce the harmful impact on the environment, this technology covers solutions for portable and stationary power generation. In comparison to the internal combustion engine, fuel-cell systems are a practical alternative, for example, in automobiles and buses. Ballard Power Systems has had its focus within the automobile market, fleet services, co-generation systems, and manfacturers of materials for the fuel-cell sector. A colorized automobile engine The internal combustion engine is a heat engine in which the burning of a fuel occurs in a confined space called a combustion chamber. ...

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
• Hydrogenics
• Plug Power
• FuelCell Energy
• Fuel Cell Technologies

United Technologies Corporation (UTC) (NYSE: UTX) is a major multinational corporation based in Hartford, Connecticut. ... United Technologies Corporation (UTC) (NYSE: UTX) is a major multinational corporation based in Hartford, Connecticut. ...

Divisions

• XCELLSIS Fuel Cell Engines

See also

• Fuel Cell Bus Club

The Fuel Cell Bus Club comprises the participants of the projects CUTE, ECTOS and STEP ([1]). They currently operate the largest fleet of fuel cell buses in the world, 33 buses, as part of a two-year Mercedes-Benz Citaro hydrogen fuel cell bus trial with three buses in each...

External links

• Official site

References

1. ^ ^{a b} 2005 Annual Report. Retrieved on 2006-07-16.
2. ^ "Ballard Streamlines Activities to Further Reduce Operating Expenses", Ballard Power Systems, 2005-09-22. Retrieved on 2006-07-16.
3. ^ When was Ballard's IPO?. Retrieved on 2006-07-16.