Growing Opportunities For Ballard Engineering Services

Fuel cell product developers can leverage Ballard's high level of competency in a range of specialized fuel cell activities, with the Ballard team providing tools and technologies for development, optimization, integration and validation of fuel cell components, stacks and systems.

Ballard Power Systems' Engineering Services portfolio provides a high-value way for companies to accelerate fuel cell development efforts. Fuel cell product developers can leverage Ballard's high level of competency in a range of specialized fuel cell activities, with the Ballard team providing tools and technologies for development, optimization, integration and validation of fuel cell components, stacks and systems.


Our most recent Engineering Services announcement is a major contract signed on March 6, 2013 with Volkswagen AG to advance development of fuel cells for use in powering demonstration cars in the automaker's fuel cell automotive research program. The initial contract term is 4-years, with an option for a 2-year extension, and an expected contract value of C$60-100 million. This is an exciting opportunity to leverage Ballard's capabilities in Engineering Services with one of the world's leading automotive players.

The contract with Volkswagen is not an exclusive arrangement, so Ballard will continue to actively work with other automotive OEMs, including Automotive Fuel Cell Cooperation (AFCC) and Mercedes-Benz Fuel Cell. Intellectual property generated through this most recent agreement will belong to Volkswagen, although Ballard will have a royalty-free license for non-automotive applications and for buses.

Engineering Services work provides Ballard with a tremendous opportunity to enable product development in both automotive as well as non-automotive sectors. The later includes aerospace, military, batteries and small stationary sectors.

Please read more here - http://www.ballard.com/fuel-cell-applications/engineering-services.aspx.

About Ballard Power Systems
Ballard Power Systems (TSX: BLD) (NASDAQ: BLDP) provides clean energy fuel cell products enabling optimized power systems for a range of applications. Products deliver incomparable performance, durability and versatility. To learn more about Ballard, please visit www.ballard.com.

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