Last deal

$82.3M

Amount

Corporate Round

Stage

07.12.2022

Date

6

all rounds

$150.3M

Total amount

General

About Company
WATT Fuel Cell Corporation develops and manufactures fuel cell components and systems.

Industry

Sector :

Subsector :

Keywords :

Also Known As

Watt

founded date

01.01.2010

Number of employees

Company Type

For Profit

Last funding type

Corporate Round

IPO status

Private

Description

The company's products are based on a common expandable module, allowing WATT to address multiple markets with minimal additional development cost. WATT's ImperiumTM Fuel Cell System creates power from readily available fuels such as propane and natural gas, and its Hybrid Power Management System integrates and manages renewable energy sources to provide electricity from the most energy responsible source available at the time of need. WATT's proprietary Additive Manufacturing Process (AMP) utilizes 3D printing technologies to produce fuel cells, enabling the company to produce cost-effective, quality products for small-scale power applications. The company's products are well-suited for RVs, boats, residential homes, and industries such as oil & gas, rail, and telecommunications. WATT is manufacturing these products in Western Pennsylvania, and has entered into joint development and performance agreements with Erwin Hymer Group North America and Peoples Gas.