Ballard to Supply Material Handling Market

VANCOUVER, British Columbia—Ballard Power Systems announced it has signed a two-year supply agreement with Danish system integrator H2 Logic A/S to supply fuel cells for products developed for the material handling market.

"This agreement with H2 Logicis evidence of the growing interest in fuel-cell-powered lift truck solutions," says Mike Rosenberg, Ballard's director, material handling. "Ballard continues to build a solid set of customer relationships in the material handling space. This is our first strategic relationship with a European system integrator actively engaged in this market. While volumes under this supply agreement will be small initially, we see strong growth potential with H2Logic."

Under the agreement, H2 Logic will purchase Mark9 SSL and Mark1020 ACS fuel cell products from Ballard and integrate these into fuel cell hybrid systems targeted for various material handling vehicles, such as lift trucks for warehouses and distribution centers.

"Ballard's technology has proven itself in terms of performance, reliability and ease of integration," says Mikael Sloth, business development manager at H2 Logic."We are excited to develop and commercialize H2 Logic's next generation of fuel-cell hybrid systems for material handling with Ballard as a strategic supplier."

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