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Overview
Why Invest
Stock Info
Stock Quote
Stock Chart
Historical Stock Quote
Investment Calculator
Financials
Quarterly Results
Annual Reports
SEC Filings
Governance
Management Team
Board of Directors
Governance Documents
Committee Composition
Press Releases
Events & Presentations
Investor Resources
Analyst Coverage
Contact Investor
Relations
Investor FAQs
Email Alerts
ESG
Continued Growth in Deployments and Sites
Continued Growth in Deployments and Sites
Plug Power is
Leading the commercialization of hydrogen fuel cell technology
Plug Power owns 95% of current market share for hydrogen fuel cells in the material handling space
We defined our first market as material handling, understanding the clear ROI for customers
More in-the-field customer experience than any competitor
Deep understanding of both the market and the technology
Leveraging our proprietary and flexible ProGen fuel cell engine platform
The modular design of our ProGen Platform enables mass adoption
Original equipment manufacturers can easily integrate into their systems
Flexibility drives penetration into new markets including ground support equipment and commercial on-road applications
ProGen stacks have enabled a 15% increase in fuel efficiency and run-time relative to the stacks used in earlier GenDrive models
Expanding our market position in material handling applications
There is a significant opportunity to unlock value in our first market (>$30bn addressable market)
Geographic Expansion
: Strategic relationships throughout Europe and recent addition of Carrefour, the world's second largest retailer as a client: Extension of GenDrive product design addressing comparable use case requirements
Existing Clients
: Considerable opportunity to sell additional services to existing customers
New Clients
: Value proposition is clear. Our relationships with some of the largest names in retail, enhance the visibility of the benefits of our solution to the marketplace
Replicating success achieved in first market
We have the roadmap to monetize the natural progression of hydrogen fuel cell technology
We have leveraged our technology to transition from concept to first commercial designs for on-road applications
ProGen has allowed us to pursue opportunities outside the US, particularly in cases where sustainability factors are of concern and there is room for investment in hydrogen fuel cell infrastructure
Delivering strong and predictable revenue and bookings growth
Predictability of revenue and deployments expected to have meaningful impact on our financial performance
Our commitment to leveraging growing economies of scale and cost down initiative is materializing into margin expansion
Plug Power is effectively managing its balance sheet and prudently utilizing the capital markets to secure the necessary funding to lower its overall cost of capital and pursue attractive growth opportunities