VANCOUVER, CANADA – Ballard Power Systems (NASDAQ: BLDP; TSX: BLDP) today announced that the Company will ring the Nasdaq stock market opening bell this morning in a celebration of its 25th year on the Nasdaq stock exchange, having been initially listed in 1995.
James Roche, Chairman of Ballard’s Board of Directors said, “During Ballard’s years on the Nasdaq exchange, our industry has witnessed a growing global acknowledgement that hydrogen and fuel cells can serve a critical role in slowing climate change. Moving forward, we anticipate increased investor interest in ESG – environmental, social and governance – issues, including investment risks presented by climate change, to drive a global reassessment of asset values and capital allocation. This movement toward sustainable businesses will serve as an additional catalyst for the adoption of hydrogen and fuel cell technologies.”
Randy MacEwen, Ballard President and CEO noted, “Ballard has continued to evolve and mature as a company throughout our 25-year listing on the Nasdaq stock exchange. During this period, our team has made remarkable strides developing fuel cell technology with improved performance and reduced cost. As a result, today we are an industry leader, poised with highly disruptive fuel cell technology, at a time when there is growing consensus that fuel cell electrification will play an important role in decarbonizing medium- and heavy-duty mobility, including bus, commercial truck, rail and marine applications.”
Mr. MacEwen continued, “We see tremendous opportunity for Ballard to differentiate, serve our customers, inspire our employees and deliver long-term value for shareholders, all while striving to achieve a compelling societal purpose embodied in our vision – to deliver fuel cell power for a sustainable planet. This vision gets everyone at Ballard fired up each morning to make the company better every day.”
About Ballard Power Systems
Ballard Power Systems’ (NASDAQ: BLDP; TSX: BLDP) vision is to deliver fuel cell power for a sustainable planet. Ballard zero-emission PEM fuel cells are enabling electrification of mobility, including buses, commercial trucks, trains, marine vessels, passenger cars, forklift trucks and UAVs. To learn more about Ballard, please visit www.ballard.com.
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