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Ballard Power Systems Inc T.BLDP

Alternate Symbol(s):  BLDP

Ballard Power Systems Inc. is engaged in the design, development, manufacture, sale and service of proton exchange membrane (PEM) fuel cell products for a variety of applications, focusing on power products for bus, truck, rail, marine, stationary and emerging market (material handling, off-road and other) applications, as well as the delivery of services, including technology solutions, after sales services and training. The Company operates in a single segment of fuel cell products and services. Embedded in each Ballard fuel cell product lies a stack of unit cells designed with its PEM fuel cell technology that includes membrane electrode assemblies, catalysts, plates, and other key components, and draw on intellectual property from its patent portfolio, together with its experience and know-how, in key areas of PEM fuel cell stack design, operation, production processes and systems integration.


TSX:BLDP - Post by User

Post by guarantor1on Nov 05, 2024 8:46am
103 Views
Post# 36296699

Everyone knew the Numbers would be weak....BUT

Everyone knew the Numbers would be weak....BUTWe got "optionallity" for the proposed Texas plant. With all the credits and grants intact until 2026

the restructuring charge was only $16 M USD, leaving cash at $635 M (about 20% higher than the Market Cap)

fwiw, imo  both the above items are very positive
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