Vinssen
- Company typePrivate
- Founded2017
- HeadquartersYongam, South Korea
- Headcount11–50
- GTM typeB2B
- OfferingHardware or Manufacturing
Vinssen firmographics
Firmographics- Name
- Vinssen
- Legal name
- 주식회사 빈센
- Website
- https://vinssen.com
- Company type
- Private
- Founded year
- 2017
- Operating status
- Operating
- Headcount range
- 11–50 employees
- Ownership category
- akta.pro rank
Vinssen industry classification
Industry- Product category
- Marine hydrogen and electric propulsion systems
- NAICS
- Engine, Turbine, and Power Transmission Equipment Manufacturing (33361), Ship and Boat Building (3366)
- SIC
- Engines & Turbines (3510), Motors & Generators (3621)
- akta.pro primary industry
- Marine Hybrid & Electric Propulsion Systems (IMAJAHAC)
- akta.pro secondary industries
- Propulsion, Power & Energy Systems Design (Diesel, Hybrid, Electric, Alternative Fuels) (IMAJAGAE), Marine Generators, Alternators & Power Electronics (Gen-sets, VFDs, converters) (IMAJAHAI), Electric & Hybrid Leisure Craft Manufacturing (IMAJAEAK)
Keywords
Where Vinssen is headquartered
LocationHeadquarters
- HQ city
- Yongam
- HQ country
- South Korea
- HQ region
- Asia
Offices11 records
Markets served
Vinssen business model
Business model- GTM type
- B2B
- Offering type
- Hardware or Manufacturing
- Cost components
- Technology or R&D, Personnel, Supply Chain, Operations, Marketing or Sales, Infrastructure
Revenue model
- Hydrogen Fuel Cell System Sales: VINSSEN sells proprietary PEM hydrogen fuel cell modules (60kW to 2MW) as standalone products or integrated propulsion packages to shipbuilders and shipping companies. Revenue is generated through hardware sales, typically project-based and large-ticket given the maritime B2B context.
- Electric Propulsion System Integration: Sale and integration of complete electric and hybrid propulsion systems including battery packs, fuel cells, DC/DC converters, and energy management systems as a bundled 'total solution' to shipyards and vessel operators.
- Eco-Friendly Vessel Sales: VINSSEN manufactures and sells eco-friendly vessels including electric boats (EV002, EV007) and hydrogen boats (HV005, HV302, Hydro Zenith) to commercial and leisure customers.
- Engineering and Demonstration Services: Government-supported demonstration projects and pilot programs (e.g., Hydro Zenith with Jeollanam-do and Yeongam-gun) generate revenue through joint public-private investment in technology validation.
Go-to-market motion1 record
Distribution channels3 records
Marketing channels5 records
Vinssen product offering
Product offeringCore offering
Vinssen designs and manufactures hydrogen fuel cell and lithium-ion battery-based electric propulsion systems for maritime vessels, ranging from 60kW fuel cell modules up to a 2MW containerized Mega FC 2.0 system, alongside complete eco-friendly vessels including electric and hydrogen boats. Its offering combines fuel cell stacks, high-capacity marine battery packs, integrated hybrid and electric propulsion packages, and class-certified vessel designs sold to shipbuilders, shipowners, and government agencies.
Product overview
VINSSEN offers a comprehensive portfolio of hydrogen fuel cell and battery-based electric propulsion systems for maritime vessels, spanning from small leisure boats to large commercial ships. The product lineup consists of hydrogen fuel cell modules (60kW, 100kW, 120kW, 250kW, and 2.0MW Mega FC 2.0 containerized system), lithium-ion battery packs (NCA 92kWh and CSR750 100kWh), electric and hydrogen-electric hybrid propulsion systems, and finished vessel products including the EV002 electric leisure boat, HV005 and HV302 hydrogen leisure boats, and EV007 electric passenger ferry. The company also co-developed an ammonia-to-power system with Samsung Heavy Industries and Amogy for large vessel decarbonization. Key differentiators include modular design for MW-scale propulsion, integrated hybrid propulsion solutions, and domestic certifications from KR, ABS, BV, RINA, and KOMSA.
Differentiator
Problem solved
Functional benefit
Products and services
- Mega FC 2.0 A 2MW containerized hydrogen fuel cell power system designed for large commercial vessels and high-power maritime propulsion applications.
- 250kW FCPI Fuel Cell Module A 250kW PEM hydrogen fuel cell module for marine propulsion and stationary maritime power applications.
- 100kW FCPI Fuel Cell Module A 100kW PEM hydrogen fuel cell module for mid-sized vessel propulsion and hybrid marine power systems.
- 120kW Fuel Cell Stack A 120kW PEM hydrogen fuel cell stack forming the building block for higher-power marine fuel cell systems.
- 60kW Fuel Cell Stack A 60kW PEM hydrogen fuel cell stack for smaller vessels and auxiliary marine power.
- NCA 92kWh Lithium-Ion Battery A 92kWh NCA chemistry lithium-ion battery pack designed for marine electric and hybrid propulsion applications.
- CSR750 100kWh Lithium-Ion Battery A 100kWh lithium-ion battery pack (LFP chemistry variant available) for marine propulsion and onboard energy storage.
- Electric Battery Propulsion System An integrated electric propulsion package based on Vinssen's lithium-ion batteries for fully battery-electric vessels.
- Hydrogen Fuel Cell Hybrid Propulsion System An integrated hybrid propulsion package combining hydrogen fuel cell modules with lithium-ion batteries for zero-emission vessels.
- EV002 Electric Boat A fully electric boat powered by Vinssen's battery propulsion system, targeted at leisure and short-route operators.
- HV005 Hydrogen Boat A hydrogen fuel cell-powered boat for tourism and leisure operators in emission-restricted waterways.
- HV302 Hydrogen Boat A larger hydrogen vessel leveraging Vinssen's fuel cell hybrid propulsion system for passenger and commercial routes.
- EV007 Electric Passenger Ferry An electric passenger ferry using Vinssen's battery propulsion system for urban and short-sea passenger routes.
- Ammonia-to-Power System An ammonia-to-power conversion platform jointly developed with HD Hyundai, enabling ammonia as a hydrogen carrier for marine propulsion.
Quantifiable outcome
- Zero emissions during vessel operation — no CO₂, NOx, SOx, or particulate matter produced
- +4 more outcomes
Companies that use Vinssen
Customer profileNamed customers6 records
Segments4 records
Ideal customer profiles3 records
Vinssen technology and API
TechnologyTechnology focussed Yes
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Feature8 records
Vinssen partnerships and signals
Strategic signalPartnerships
Five partnerships are on record, tiered core.
- ABS (American Bureau of Shipping)coreABS, Marinteknik Shipbuilders, SeaTech Solutions International, and VINSSEN signed a research collaboration agreement to develop hydrogen fuel cell-powered harbor craft in Singapore. The consortium will conduct feasibility studies, vessel design, economic analysis, risk assessment, and potentially construct and test the vessel in subsequent phases. Singapore port hosts approximately 1,600 harbor craft targeted for decarbonization.
- Marinteknik ShipbuilderscorePart of the Singapore-based consortium with ABS, SeaTech, and VINSSEN for hydrogen fuel cell harbor craft development. Marinteknik provides ship design expertise and vessel construction capabilities.
- SeaTech Solutions InternationalcorePart of the Singapore-based consortium with ABS, Marinteknik, and VINSSEN for hydrogen fuel cell harbor craft development. SeaTech contributes propulsion system and fuel cell integration expertise.
- MANA EngineeringcoreVINSSEN and Netherlands-based MANA Engineering signed an MOU to jointly develop a hydrogen fuel cell retrofit solution for an 800 TEU feeder container vessel operating in Northern Europe and the Baltic Sea. The project includes a technical feasibility study and Lloyd's Register Approval in Principle, with the system replacing hotel loads and auxiliary power with a hybrid hydrogen fuel cell and battery system while retaining existing main propulsion.
- Samsung Heavy IndustriescoreVINSSEN, Samsung Heavy Industries, and Amogy signed a Joint Development Project (JDP) on January 22, 2026, to develop a 1MW ammonia-to-power system for zero-carbon ships. The system converts ammonia to hydrogen via cracking technology, which then powers PEM fuel cells to generate electricity without combustion or CO₂ emissions. This partnership targets next-generation commercial vessels under IMO environmental regulations.
Scale indicators8 records
Recent moves6 records
Expansion highlights7 records
Vinssen competitors and assessment
Company assessmentDirect peers
- Ballard Power Systems: Canadian fuel cell company with a dedicated marine business unit supplying PEM fuel cell modules for vessels. Directly comparable as a PEM fuel cell systems provider targeting maritime applications with similar certification requirements and competition for the same shipbuilder customers.
- Corvus Energy: Norwegian-Canufacturer of marine battery energy storage systems, a leading supplier of lithium-ion battery packs for hybrid and fully electric vessels. Directly comparable as a maritime electrification systems provider competing for similar shipbuilder and vessel operator customers in the harbor-craft and ferry segments.
- Echandia: Swedish developer of heavy-duty maritime fuel cell systems and battery solutions for commercial vessels. Directly comparable as a European pure-play maritime fuel cell specialist targeting ferries, tugs, and offshore vessels with similar PEM technology and class society certification strategy.
- PowerCell Sweden: Swedish PEM fuel cell stack and system manufacturer with marine applications including a fuel cell system for ships. Directly comparable as a PEM fuel cell technology company pursuing maritime and heavy-duty mobility customers with similar stack and system architecture.
Broad incumbents
- ABB Marine & Ports: Swiss-Swedish broad incumbent supplying electric propulsion, power systems, and fuel cell integration for vessels including the fuel cell-powered ship Viking Energy. Vinssen competes against ABB's integrated marine electrification portfolio in shipyard tenders but ABB offers a much broader solution set beyond fuel cells.
- Wärtsilä: Finnish marine engine and technology major actively developing hydrogen, ammonia, and methanol propulsion solutions for commercial shipping. Competes with Vinssen in the same shipyard customers and decarbonization tenders but from a much broader incumbent position with global service network.
- MAN Energy Solutions: German manufacturer of large marine engines (including MAN B&W two-stroke) with active R&D in ammonia and hydrogen dual-fuel propulsion. Comparable as a major marine propulsion incumbent pivoting to zero-carbon fuels that competes for the same large-vessel decarbonization projects.
Emerging players
- Lehmann Marine: German provider of hydrogen fuel cell systems for inland and short-sea shipping, with installed reference projects. Comparable as a smaller European maritime fuel cell specialist overlapping with Vinssen in harbor craft and small commercial vessel segments.
- Amogy: US-based ammonia-to-power technology company partnered with Samsung Heavy Industries and Vinssen on the 1MW JDP. Comparable as a partner in the ammonia-cracking pathway that competes for the same large-vessel decarbonization opportunity but with a different core technology.
Regional players
- HD Hyundai (Hyundai Heavy Industries): Korean shipbuilding and marine propulsion conglomerate. Comparable as a domestic Korean shipbuilder that could either partner with or compete against Vinssen in supplying fuel cell and alternative fuel propulsion for newbuild vessels, with significant in-house R&D capability in maritime decarbonization.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat6 records
Key risks6 records
Key highlights7 records
Customer concentration
Vinssen social profiles
Digital presenceVinssen compliance and trust
Trust signalCompliance9 records
Vinssen financial estimates
Financial estimateRevenue estimate
Valuation estimate
Vinssen leadership team
Management profileNumber of profiles
Profiles2 records
Vinssen subsidiaries and ownership
Company hierarchySubsidiaries2 records
Vinssen funding detail
Funding detailFunding overview
Funding rounds4 records
Investors17 records
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Vinssen M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Vinssen
What does Vinssen do?
Vinssen designs and manufactures hydrogen fuel cell and lithium-ion battery-based electric propulsion systems for maritime vessels, ranging from 60kW fuel cell modules up to a 2MW containerized Mega FC 2.0 system, alongside complete eco-friendly vessels including electric and hydrogen boats. Its offering combines fuel cell stacks, high-capacity marine battery packs, integrated hybrid and electric propulsion packages, and class-certified vessel designs sold to shipbuilders, shipowners, and government agencies.
Is Vinssen a public or private company?
Vinssen is a private company. It is classified as venture growth investor backed and is currently operating.
When was Vinssen founded?
Vinssen was founded in 2017. It employs 11 to 50 people.
Where is Vinssen based?
Vinssen is headquartered in Yongam, South Korea, in the Asia region.
How does Vinssen make money?
Four revenue lines are on record. Hydrogen Fuel Cell System Sales are the primary driver. The others are electric Propulsion System Integration, eco-Friendly Vessel Sales and engineering and Demonstration Services.
Who are Vinssen's main competitors?
Direct peers on record are Ballard Power Systems, Corvus Energy, Echandia and PowerCell Sweden. Broad incumbents are ABB Marine & Ports, Wärtsilä and MAN Energy Solutions. Emerging players are Lehmann Marine and Amogy. HD Hyundai (Hyundai Heavy Industries) is listed as a regional player.
Does Vinssen have an API?
No public API is recorded for Vinssen.
What industry is Vinssen in?
Vinssen's product category is Marine hydrogen and electric propulsion systems. Its primary akta.pro industry code is IMAJAHAC, Marine Hybrid & Electric Propulsion Systems, with a secondary code of IMAJAGAE, Propulsion, Power & Energy Systems Design (Diesel, Hybrid, Electric, Alternative Fuels). Its NAICS code is 33361 and its SIC code is 3510.