RE: Future4 May 2026 22:05
I’ve been in AFC for a while, and from what I’ve seen they don’t seem as focused as ITM. Nor do they have a management team, with a drive like ITM. Which is a shame as (I’m no expert) the technology looks good.
When I bought in they were focused on replacing diesel generators with hydrogen fuel cells generators, which is a big market. They linked up with a plant hire company which was positive, but the revenue didn’t materialise.
They are also linked with a S&P 500 company but no other details have been provided.
More recently they are in the process of changing their name to H Power, and a focusing on an ammonia cracker, which again is good.
I do really hope they succeed but all the changing direction hasn’t helped them generate revenue or gain customers.
My own view is if they can scale the ammonia cracker it’s got huge potential for decarbonising the shipping industry.
Please do your own research