What ATAWEY does

ATAWEY is a French designer and manufacturer of hydrogen refueling stations, founded in 2012 and headquartered in Le Bourget-du-Lac, Savoie. The company produces a modular and configurable station portfolio covering 350 bar and 700 bar pressures across three core product lines: Mobile Hydrogen Stations (trailer-mounted, deployable in under half a day with up to 150 kg/day capacity at 200-500 bar source pressure), Compact Hydrogen Stations (container-integrated units requiring minimal civil engineering and capable of integrating an electrolyzer), and Evolutive Hydrogen Stations (full-scale, conventional fuel-station-format units designed for scalable corridor deployment). Its proprietary MC Formula is an adaptive thermodynamic model that adjusts fill rates in real time based on hydrogen temperature, ambient temperature, gas properties, and vehicle tank volume, enabling faster and more precise fills than traditional look-up table methods while maintaining SAE J2601-1 through J2601-5 compliance including the heavy-duty TIR protocol. Following the July 2024 acquisition of McPhy's hydrogen refueling station business for €12 million, Atawey became the European leader in hydrogen refueling stations by installed count, operating a combined fleet of approximately 70 stations with production capacity exceeding 80 stations per year.

The company's revenue model combines hardware sales (station equipment), professional services (feasibility studies, system design, installation oversight, commissioning, maintenance, and training through Atawey Academy), and usage-based mobile station rentals. Pricing is not publicly disclosed and is handled through territory-based account managers. Atawey serves fleet operators, municipal and regional authorities, hydrogen ecosystem coordinators, and industrial operators across heavy-duty mobility, urban transit, long-haul trucking, and specialized equipment use cases, where battery-electric alternatives fall short on range, refueling time, or grid capacity constraints. Named customers and partners include Colruyt Group, Virya Energy, HYmpulsion, the Auvergne-Rhône-Alpes Region, HYVIA (Renault Group and Plug Power joint venture), Hynova/EODev, and Corstyrène, spanning Belgium, France, Spain, the Netherlands, Italy, and other Western European markets.

Atawey sells primarily through direct enterprise field sales organized by territory, complemented by channel partnerships with ecosystem developers (e.g., HYmpulsion, Hyliko, HYVIA) and regional authorities. The company maintains offices in Le Bourget-du-Lac (headquarters and main manufacturing), Grenoble, Eindhoven (Netherlands, opened 2024), and Madrid (Spain), with a BeNeLux office opened in November 2024 and an Italy subsidiary planned for end-2024. It employs 145 people (post-McPhy integration) and was co-founded by Jean-Michel Amaré (President/Chairman) and Pierre-Jean Bonnefond (CEO and Managing Director), who remain in leadership. The company has raised approximately €47 million across rounds in January 2023 (€25M) and June 2025 (€22M), with backing from Bpifrance, BNP Paribas, Banque Populaire Aura, Crédit Agricole Alpes Développement, Groupe IDEC, Starquest Capital, ARMOR GROUP, Eiffage, France 2030, and EIT InnoEnergy.

Name

ATAWEY

Legal name

Atawey

Website

https://atawey.com

Company type

Private

Founded year

2012

Operating status

Operating

Headcount range

1–10 employees

Short description

ATAWEY is a French manufacturer of hydrogen refueling stations serving fleet operators, municipalities, and ecosystem developers across Europe. Post the July 2024 McPhy acquisition, it operates approximately 70 stations, produces 80+ stations per year, and is the European leader by installed count.

Ownership category

akta.pro rank

Product category

Hydrogen Refueling Infrastructure

NAICS

Pump and Compressor Manufacturing (33391), Commercial and Service Industry Machinery Manufacturing (333310)

SIC

Oil & Gas Field Machinery & Equipment (3533), Misc Industrial & Commercial Machinery & Equipment (3590)

akta.pro primary industry

Hydrogen Energy Storage & Power-to-X Equipment (electrolyzers, storage, fuel cell systems) (IMAGAHAM)

akta.pro secondary industry

Hydrogen Storage & Compression Terminals (TLAGAKAH)

Keywords

• Hydrogen refueling stations
• Green hydrogen infrastructure
• Modular station design
• Hydrogen mobility solutions
• Fuel cell refueling

Headquarters

HQ city

Le Bourget-du-lac

HQ country

France

HQ region

Europe

Offices4 records

Markets served

GTM type

B2B

Offering type

Hardware or Manufacturing

Cost components

Supply Chain, Personnel, Technology or R&D, Infrastructure, Operations, Marketing or Sales

Revenue model

1. Hydrogen Refueling Station Sales: Atawey designs, manufactures, and sells configurable hydrogen refueling stations. Revenue is generated from the sale of station hardware, including mobile, compact, and evolutive models. Stations are sold to project developers, fleet operators, municipalities, and ecosystem coordinators.
2. Project Support and Services: Atawey offers 360-degree project support including feasibility studies, system design, installation oversight, commissioning, and ongoing maintenance. Atawey Academy also provides training services to build hydrogen ecosystem capabilities among clients and partners.
3. Station Rental (Mobile Stations): Atawey's mobile hydrogen stations can be rented on demand, providing interim refueling infrastructure while permanent stations are being built or during maintenance periods of fixed stations.

Go-to-market motion2 records

Distribution channels3 records

Marketing channels7 records

Core offering

ATAWEY designs, manufactures, and sells turnkey hydrogen refueling stations in three configurable formats — Mobile (trailer-mounted, deployable in under half a day, up to 150 kg/day), Compact (container-integrated, minimal civil engineering), and Evolutive (full-scale stations for corridors) — operating at 350 bar and 700 bar to serve light vehicles, buses, trucks, forklifts, boats, and construction equipment. The company complements its hardware with 360° project support (feasibility, design, commissioning, maintenance), Hydrogen Ecosystem Development co-development services, and the Atawey Academy training program, targeting project developers, fleet operators, municipalities, and regional authorities across Europe.

Product overview

ATAWEY is a manufacturer of green hydrogen refueling stations offering a modular and configurable product portfolio centered on three core station types: Mobile Stations (portable, deployable in under half a day with internal compression, up to 150 kg/day at 200-500 bar), Compact Stations (container-integrated units requiring minimal civil works, with optional electrolyzer integration, designed for ecosystem initiation phases), and Evolutive Stations (full-scale stations designed like conventional fuel stations, scalable for massive deployment along European corridors). The product portfolio is complemented by 360° Support services (full project lifecycle accompaniment), Hydrogen Ecosystem Development (co-development of complete hydrogen value chains), and Atawey Academy (training services). Following the July 2024 acquisition of McPhy's station business, ATAWEY became the European leader with approximately 70 stations and a production capacity exceeding 80 stations per year. The HYWELL by HYVIA station, developed in partnership with the Renault-Plug joint venture, represents a branded sub-product in the compact station category.

Differentiator

Problem solved

Functional benefit

Brands

• HYWELL by HYVIA: A hydrogen refueling station developed in partnership with HYVIA (Renault Group and Plug joint venture) as part of H2 ecosystem projects.

Products and services

• Mobile Hydrogen Station Trailer-mounted, rapidly deployable hydrogen refueling station with internal compression unit; can be set up in under half a day and delivers up to 150 kg/day at source pressures of 200–500 bar. Compatible with light vehicles, buses, trucks, forklifts, boats, and construction equipment, and currently available at 350 bar with a 700 bar version in development. Designed for interim deployment, construction sites, vehicle testing, and relay stations.
• Compact Hydrogen Station Container-integrated hydrogen station requiring minimal civil engineering and rapid commissioning, suited to early-stage hydrogen mobility ecosystem projects. Can integrate an electrolyzer on-site for on-site green hydrogen production.
• Evolutive Hydrogen Station Full-scale hydrogen station designed like a conventional fuel station, scalable and optimizable as usage grows. Optimized for mass hydrogen infrastructure roll-out at urban nodes and along major European traffic corridors.
• 360° Project Support Comprehensive project support throughout the hydrogen mobility project lifecycle, from initial concept and feasibility studies through system design, installation oversight, commissioning, and ongoing maintenance. Aimed at project developers, fleet operators, municipalities, and territorial authorities lacking internal hydrogen infrastructure expertise.
• Hydrogen Ecosystem Development Co-development of hydrogen projects and ecosystems in partnership with complementary actors to build complete hydrogen value chains for territories, including regional authorities and hydrogen valley coordinators.
• Atawey Academy Training services to build hydrogen technology expertise, supporting clients and partners in developing internal competencies for hydrogen station operation and maintenance.

Quantifiable outcome

• Station refueling time of approximately 5 minutes for light vehicles and 15-20 minutes for heavy-duty trucks at 700 bar
• +4 more outcomes

Named customers6 records

Segments5 records

Ideal customer profiles5 records

Technology focussed Yes

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature7 records

Partnerships

Seven partnerships are on record, tiered core, minor and flagship.

• Colruyt GroupcoreOthers · 2 April 2026Colruyt Group purchased three hydrogen refueling stations from Atawey for heavy-duty mobility deployment in Belgium, targeted for operation by end of 2027. Combined distribution capacity exceeds 7,000 kg/day.
• Virya EnergycoreOthers · 2 April 2026Virya Energy co-purchased with Colruyt Group three hydrogen refueling stations from Atawey for heavy-duty mobility deployment in Belgium, targeted for operation by end of 2027.
• McPhycoreStrategic or Co-development Partner · 17 July 2024Atawey acquired McPhy's hydrogen refueling station business for a fixed consideration of 12 million euros. The acquisition brought approximately 40 employees, 40 existing stations in operation or under execution, an additional 2,400 m² of production space, four testing zones, and a portfolio of approximately 10 patents. The deal made Atawey the European leader in hydrogen refueling stations with a combined portfolio of 70 stations and production capacity exceeding 80 stations/year.
• TechfemminorChannel Partner/ Reseller/ Distributor · 1 June 2024Atawey signed its first international contract in Italy in partnership with Techfem in June 2024, ahead of the planned opening of its third international subsidiary in Italy by end of 2024.
• HYVIA (Renault Group & Plug Power JV)flagshipStrategic or Co-development Partner · 29 September 2023HYVIA selected Atawey to co-develop the 'HYWELL by HYVIA' compact hydrogen refueling station as part of HYVIA's broader hydrogen mobility ecosystem offering in Europe. The station is a derivative of Atawey's compact station line, dimensioned for early-stage fleet decarbonization of light commercial vehicles, with 100 kg/day capacity serving 20-25 vehicles.
• EODev (Energy Observer Developments)coreStrategic or Co-development Partner · 23 September 2022Atawey's mobile hydrogen station was deployed at the port of La Ciotat to refuel The New Era, the first hydrogen-powered day boat developed by Hynova and powered by EODev's REXH2 hybrid hydrogen-electric system. This was the first full-capacity refueling of the vessel, made possible by Atawey's mobile solution bypassing port regulatory constraints.
• HYmpulsionflagshipStrategic or Co-development Partner · 17 June 2022Atawey partnered with HYmpulsion, the regional hydrogen ecosystem coordinator for Auvergne-Rhône-Alpes, to deploy the Zero Emission Valley project. Atawey supplied the Moutiers station (quadrupling prior output of the Chambéry station) as the second station in this flagship regional program aiming to make Auvergne-Rhône-Alpes the first hydrogen territory in Europe.

Scale indicators15 records

Recent moves7 records

Expansion highlights7 records

Direct peers

• Nel ASA: Norwegian pure-play hydrogen company and one of the largest H2 station manufacturers globally. Direct competitor to Atawey in European and international hydrogen refueling station tenders with comparable product portfolio across mobility and industrial applications.
• ITM Power: UK-based electrolyzer and hydrogen refueling station manufacturer supplying European mobility and industrial projects. Closely comparable product offering to Atawey with similar technology stack (PEM electrolysis, compression, dispensing).
• HRS (Hydrogen Refueling Solutions): French hydrogen refueling station specialist providing modular H2 stations for mobility applications. Headquartered in France and a direct domestic competitor to Atawey in French hydrogen valley programs.
• McPhy: Former French hydrogen equipment company whose station business was acquired by Atawey in July 2024 for €12M. Pre-acquisition, was the second-largest station player in Europe; now combined into Atawey.

Broad incumbents

• Air Liquide: Global industrial gas major with significant hydrogen production, distribution, and refueling station activities. Operates its own hydrogen mobility infrastructure business and competes with Atawey on large-scale integrated hydrogen projects in Europe.
• Linde: Global industrial gas and engineering company with a hydrogen mobility division supplying turnkey refueling stations. Competes with Atawey in heavy-duty and public-access hydrogen infrastructure tenders, leveraging significantly larger balance sheet and global footprint.
• Plug Power: US-headquartered hydrogen fuel cell and station company with European operations through its JV with Renault (HYVIA). Competes with Atawey across the hydrogen mobility value chain and is a partner via the HYWELL station co-development.
• Shell: Integrated energy major with hydrogen refueling activities at retail sites in Europe. Indirect competitor in hydrogen infrastructure deployment, particularly for evolutive/corridor-scale stations where Atawey competes.
• TotalEnergies: French integrated energy company with hydrogen mobility and refueling station investments. Potential competitor and/or partner for large-scale hydrogen corridor deployment in France and broader Europe.
• Chart Industries: US-based industrial gas and hydrogen equipment company providing compression, liquefaction, and station components. Supplies equipment into the hydrogen mobility value chain and competes with Atawey on station subsystems and infrastructure equipment.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks5 records

Key highlights7 records

Customer concentration

• Xx.com/atawey
• YouTubeyoutube.com/user/AtaweyOfficiel/videos
• LinkedInlinkedin.com/company/atawey
• Facebookfacebook.com/atawey

Compliance1 record

Revenue estimate

Valuation estimate

Number of profiles

Profiles3 records

Funding overview

Funding rounds5 records

Investors13 records

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about ATAWEY