Ballard Power +10% on deal with Azure Hydrogen


Ballard Power (BLDP) +10.3% premarket after announcing the signing an agreement with Azure Hydrogen relating to an assembly license for Telecom Backup Power systems for the China market, in a deal valued at ~$6M.

In addition to the payment for the assembly license, BLDP will be the exclusive supplier of subsystems and receive a royalty payment for each Telecom Backup Power system sold in China.

Also, PLUG and FCEL each are +2.8% premarket, extending yesterday's rally.

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Comments (4)
  • LYogi
    , contributor
    Comments (3158) | Send Message
     
    this is a gold mine of epic proportions in the making.
    19 Jun 2014, 09:23 AM Reply Like
  • BadDog40
    , contributor
    Comments (190) | Send Message
     
    @LYogi: Your handle is also the name of a discredited on-line computer repair service once contracted by Avast Anti-Virus. Just FYI.
    19 Jun 2014, 09:51 AM Reply Like
  • LYogi
    , contributor
    Comments (3158) | Send Message
     
    good to know I am not one an the same!
    19 Jun 2014, 10:00 AM Reply Like
  • 1password1
    , contributor
    Comment (1) | Send Message
     
    Yogi tried to rip me off and guess where their phone center is ..
    20 Jun 2014, 08:35 AM Reply Like
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