- Ballard Power Systems (NASDAQ:BLDP) has amended a Technology Development Agreement and a Patent License Agreement signed with AUDI AG related to the non-binding Memorandum of Understanding to expand its right to use the FCgen-HPS product.
- FCgen-HPS is a high-performance, zero-emission, proton exchange membrane (PEM) fuel cell stack in all applications, including commercial trucks and passenger cars.
- The product was designed and developed to stringent automotive standards in the company's Technology Solutions program with AUDI AG.
- Ballard has 3 platforms of liquid cooled stacks to address all mobility applications:
- Shares up 8% after-hours.
- Previously: Ballard introduces high-power density fuel cell stack for vehicle propulsion; signs MoU with AUDI (Sept. 15)