Announcement of H2 Core AG’s IPO
We are pleased to announce that H2 Core AG is now publicly listed. With the registration of the capital increase and the renaming, H2 Core AG becomes Germany’s first listed manufacturer of plug-and-play hydrogen complete systems.
H2 Core’s self-developed and modularly configurable complete systems for the production, storage, and use of green hydrogen can be tailored to any specific customer requirement and deployed worldwide within a very short time (time-to-market). The company currently focuses on high-volume production of smaller systems in the kilowatt range as well as medium-sized systems with a capacity of up to 5 MW.
Since its founding in 2020, H2 Core has already implemented over 200 systems in more than 40 countries worldwide, including projects in energy storage, refueling, off-grid applications, diesel replacement, and gas combustion. In the medium term, H2 Core plans to build modular large-scale systems based on existing technologies, reaching into the multi-megawatt range.
The current sales pipeline amounts to around 35 million euros. The research firm First Berlin expects a significant revenue increase in the current fiscal year 2024 to 13.8 million euros (2023: 4.9 million euros). For 2025, revenue is projected to reach 27.1 million euros (+96%).
Further information and the complete study are available on H2 Core’s newly redesigned company website at www.h2core.com. Here, interested parties can gain a comprehensive overview of the company, its stock, and its range of services.