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Ballard Power Systems Inc (BLDP.OQ)

BLDP.OQ on NASDAQ Stock Exchange Global Market

3.87USD
18 Sep 2018
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Latest Key Developments (Source: Significant Developments)

Ballard To Divest Non-Core Power Manager Business
Friday, 31 Aug 2018 

Aug 31 (Reuters) - Ballard Power Systems Inc ::PRESS RELEASE - BALLARD SIGNS AGREEMENT TO DIVEST NON-CORE POWER MANAGER BUSINESS.BALLARD POWER SYSTEMS INC - DEAL VALUED AT UP TO $16 MILLION.BALLARD POWER SYSTEMS INC - ENTERED INTO A DEFINITIVE AGREEMENT TO DIVEST CERTAIN NON-CORE ASSETS OF ITS SUBSIDIARY, PROTONEX.BALLARD POWER SYSTEMS INC - WILL RETAIN CERTAIN ASSETS RELATED TO FUEL CELL PROPULSION SYSTEMS FOR MILITARY AND COMMERCIAL UNMANNED VEHICLES.BALLARD POWER SYSTEMS INC - TERMS OF DEAL INCLUDE UPFRONT CONSIDERATION OF $4.75 MILLION PAYABLE IN CASH AND NOTE.BALLARD POWER SYSTEMS INC - TERMS OF DEAL INCLUDE UP TO A FURTHER $11.25 MILLION PAYMENT, BASED ON ACHIEVEMENT OF SPECIFIC SALES OBJECTIVES.BALLARD POWER SYSTEMS INC - TO DIVEST NON-CORE POWER MANAGER BUSINESS TO REVISION MILITARY LTD.  Full Article

Ballard Signs Strategic Collaboration With Weichai Power
Wednesday, 29 Aug 2018 

Aug 29 (Reuters) - Ballard Power Systems Inc ::BALLARD SIGNS STRATEGIC COLLABORATION WITH WEICHAI POWER, ADVANCING CHINA STRATEGY.  Full Article

Ballard Reports Q2 Loss Per Share $0.02
Thursday, 2 Aug 2018 

Aug 1 (Reuters) - Ballard Power Systems Inc ::BALLARD REPORTS Q2 2018 RESULTS.Q2 REVENUE WAS $26.4 MILLION, FLAT ON A YEAR-OVER-YEAR BASIS.QTRLY LOSS PER SHARE $0.02.QTRLY ADJUSTED NET LOSS PER SHARE WAS $0.02.  Full Article

Ballard Reports Q1 loss per share of $0.03
Wednesday, 2 May 2018 

May 2 (Reuters) - Ballard Power Systems Inc ::BALLARD REPORTS Q1 2018 RESULTS.QTRLY TOTAL REVENUE WAS $20.1 MILLION IN QUARTER, A YEAR-OVER-YEAR DECREASE OF 11%.OUTLOOK FOR FULL YEAR REMAINS UNCHANGED.QTRLY LOSS PER SHARE $0.03.QTRLY ADJUSTED LOSS PER SHARE $0.03.  Full Article

‍Ballard Unit Protonex Receives $1.9 Mln Follow-On U.S. Army Power Manager Order​
Tuesday, 27 Mar 2018 

March 27 (Reuters) - Ballard Power Systems Inc ::BALLARD POWER SYSTEMS INC SAYS ‍BALLARD SUBSIDIARY PROTONEX RECEIVES $1.9 MILLION FOLLOW-ON U.S. ARMY POWER MANAGER ORDER​.  Full Article

Ballard Provides Comments On Short-Seller Report
Monday, 29 Jan 2018 

Jan 29 (Reuters) - Ballard Power Systems Inc ::BALLARD EXPECTS TO REPORT RECORD FINANCIAL RESULTS FOR FISCAL 2017; PROVIDES COMMENTS ON SHORT-SELLER REPORT.SAYS ‍FISCAL 2017 BALLARD EXPECTS TO REPORT RECORD ANNUAL REVENUE OF APPROXIMATELY $120 MILLION​.‍"NOTHING WE HAVE SEEN IN SHORT-SELLER REPORT FUNDAMENTALLY CHANGES OUR OUTLOOK FOR BUSINESS"​.‍"NOTES SHORT-SELLER'S REPORT CONTAINS A NUMBER OF UNSUBSTANTIATED FORWARD-LOOKING STATEMENTS, ASSUMPTIONS AND OPINIONS"​.  Full Article

Ballard says to divest some non-core assets​ at Protonex subsidiary
Thursday, 4 Jan 2018 

Jan 4 (Reuters) - Ballard Power Systems Inc ::BALLARD ANNOUNCES NARROWED FOCUS AND FURTHER COST REDUCTIONS AT PROTONEX SUBSIDIARY.BALLARD POWER SYSTEMS - IMPLEMENTED CERTAIN CHANGES AT PROTONEX, INCLUDING TO NARROW AND SHARPEN FOCUS OF BUSINESS BY DIVESTING SOME NON-CORE ASSETS​.ACTIONS ARE EXPECTED TO YIELD ANNUALIZED COST SAVINGS OF $2.6 MILLION​.SAYS ‍DIVESTITURE IS EXPECTED TO YIELD ANNUALIZED COST SAVINGS OF $1.4 MILLION PER YEAR​.  Full Article

Ballard Power Systems says it ‍signed ‍development agreement with Siemens AG
Tuesday, 14 Nov 2017 

Nov 14 (Reuters) - Ballard Power Systems Inc -:SIGNED AGREEMENT WITH SIEMENS AG FOR DEVELOPMENT OF ZERO-EMISSION FUEL CELL ENGINE TO FOR SIEMENS' MIREO LIGHT RAIL TRAIN​.‍DEVELOPMENT AGREEMENT HAS A CONTEMPLATED VALUE OF APPROXIMATELY $9.0 MILLION TO BALLARD​.  Full Article

Ballard Power reports Q3 adj net loss per share $0.01​
Thursday, 2 Nov 2017 

Nov 1 (Reuters) - Ballard Power Systems Inc :Ballard reports q3 2017 results.Ballard Power Systems Inc says ‍in q3, revenue improved 54% year-on-year to $31.9 million​.Ballard Power Systems Inc qtrly ‍adjusted net loss per share $0.01​.Ballard Power Systems Inc says ‍achieved an order backlog of $236.8 million as of september 30. 2017​.  Full Article

Ballard inks $11m deal with Broad-Ocean for 200 fuel cell engines in China market
Thursday, 6 Apr 2017 

Ballard Power Systems Inc : Ballard inks $11m deal with Broad-Ocean for 200 fuel cell engines in China market . Says to supply Broad-Ocean with 200 fuel cell modules in 2017 to support initial projects .Says the $11 million order to be incremental to expected $25 million value of technology transfer deal.  Full Article

Ford says fuel cell venture with Daimler will close

DETROIT, June 13 Ford Motor Co and Daimler AG are winding down a joint venture formed to develop automotive fuel cell technology, Ford said on Wednesday, as both companies plan to take their respective fuel cell technology development in-house.