Laser Focus World is an industry bedrock—first published in 1965 and still going strong. We publish original articles about cutting-edge advances in lasers, optics, photonics, sensors, and quantum technologies, as well as test and measurement, and the shift currently underway to usher in the photonic integrated circuits, optical interconnects, and copackaged electronics and photonics to deliver the speed and efficiency essential for data centers of the future.

Our 80,000 qualified print subscribers—and 130,000 12-month engaged online audience—trust us to dive in and provide original journalism you won’t find elsewhere covering key emerging areas such as laser-driven inertial confinement fusion, lasers in space, integrated photonics, chipscale lasers, LiDAR, metasurfaces, high-energy laser weaponry, photonic crystals, and quantum computing/sensors/communications. We cover the innovations driving these markets.

Laser Focus World is part of Endeavor Business Media, a division of EndeavorB2B.

Laser Focus World Membership

Never miss any articles, videos, podcasts, or webinars by signing up for membership access to Laser Focus World online. You can manage your preferences all in one place—and provide our editorial team with your valued feedback.

Magazine Subscription

Can you subscribe to receive our print issue for free? Yes, you sure can!

Newsletter Subscription

Laser Focus World newsletter subscription is free to qualified professionals:

The Daily Beam

Showcases the newest content from Laser Focus World, including photonics- and optics-based applications, components, research, and trends. (Daily)

Product Watch

The latest in products within the photonics industry. (9x per year)

Bio & Life Sciences Product Watch

The latest in products within the biophotonics industry. (4x per year)

Laser Processing Product Watch

The latest in products within the laser processing industry. (3x per year)

Get Published!

If you’d like to write an article for us, reach out with a short pitch to Sally Cole Johnson: [email protected]. We love to hear from you.

Photonics Hot List

Laser Focus World produces a video newscast that gives a peek into what’s happening in the world of photonics.

Following the Photons: A Photonics Podcast

Following the Photons: A Photonics Podcast dives deep into the fascinating world of photonics. Our weekly episodes feature interviews and discussions with industry and research experts, providing valuable perspectives on the issues, technologies, and trends shaping the photonics community.

Editorial Advisory Board

  • Professor Andrea M. Armani, University of Southern California
  • Ruti Ben-Shlomi, Ph.D., LightSolver
  • James Butler, Ph.D., Hamamatsu
  • Natalie Fardian-Melamed, Ph.D., Columbia University
  • Justin Sigley, Ph.D., AmeriCOM
  • Professor Birgit Stiller, Max Planck Institute for the Science of Light, and Leibniz University of Hannover
  • Professor Stephen Sweeney, University of Glasgow
  • Mohan Wang, Ph.D., University of Oxford
  • Professor Xuchen Wang, Harbin Engineering University
  • Professor Stefan Witte, Delft University of Technology

The One Hydrogen Fuel Cell Stock To Rule Them All

The One Hydrogen Fuel Cell Stock To Rule Them All 

If you are looking to get into the hydrogen fuel cell market there is really only one choice for serious investors. While Nikola (NASDAQ: NKLA) is engaged in fuel cell technology it has too many irons in the fire and other, more focused companies like FuelCell Energy (NASDAQ: FCEL) and Ballard Power System (NASDAQ: BLDP), are too focused and not producing the kind of results that inspire a sustainable increase in share prices. No, if you are looking to get into the hydrogen fuel market the only real choice is Plug Power (NASDAQ: PLUG) because it is giving the market what it wants, end-to-end solutions for stationary and mobile hydrogen energy production. 

Plug Power Inks Game-Changing Deal With Amazon

Plug Power recently announced a game-changing deal with Amazon that has the company well on track to hit its $3 billion in annual revenue target by 2025. Amazon has agreed to begin buying its liquid hydrogen from PlugPower beginning in 2025 and is expected to purchase at least 10,950 tons annually. This is on top of the ongoing process to upgrade Amazon’s warehouse fleet to hydrogen fuel cells, an endeavor that has so far resulted in 15,000 fuel cell installations across 70 distribution centers nationwide. 

Plug Power already has a deal with another of its core clients, Walmart, to deliver 20 tons per day. Walmart uses the fuel to power its forklifts and material handling trucks across its warehouses and distribution centers. Walmart embraced Plug Power fuel cells more than ten years ago and recently expanded its hydrogen-powered fleet to over 9,000 vehicles and counting. 

Other recent news for the company includes a deal to build a plant at the EU's largest port facility. Located in Antwerp, the company will erect a 100-megawatt green hydrogen plant that is expected to go into production by 2024. The plant will make up to 12,5000 tons of hydrogen per year for the EU market and should put the company well over its goal of $3 billion in annual revenue, a 200%+ increase over the current year. 

Plug Power Outperforms The Competition 

Plug Power put in a weaker than expected quarter for Q2 but this is only with respect to the analyst's estimates. The company posted $151.27 million in net revenue for a gain of 21.44% over last year compared to more tepid results from FuelCell And Ballard Power Systems. FuelCell Energy grew a mere 17% compared to its better-positioned competitor but still only brought in $16.35 million in revenue. That’s less than 10% of Plug Power’s business and the outlook for the two is far from similar. Ballard Power, on the other hand, whose business is more in-line with Plug Power, brought in a slightly stronger $20.9 million for the 2nd quarter but this is down on a YOY basis and the company scaled back its outlook for the year. The takeaway is that hydrogen fuel cells are a growing market and one that Plug Power is dominating. 

Plug Power Is The Leader In Hydrogen Fuel Cells 

The hydrogen fuel cell market got a lift in the wake of the pandemic but that boost has since passed. In regard to the market, Plug Power has led the group the entire time and is poised to move higher now. Assuming the market follows through on the recent signals, the price action should move up about $14 to the $40 to $42 range by the end of the year. If the company continues to build on its obvious momentum it could break out to a new multi-year high. 

The One Hydrogen Fuel Cell Stock To Rule Them All 

Stock Quote API & Stock News API supplied by www.cloudquote.io
Quotes delayed at least 20 minutes.
By accessing this page, you agree to the following
Privacy Policy and Terms Of Service.