Loop Energy
Loop Energy develops hydrogen fuel cell systems for heavy-duty commercial vehicles and stationary power generation. Now a wholly-owned subsidiary of Teralta Hydrogen Solutions following its December 2024 acquisition, the combined entity serves commercial transportation, data center, mining, and construction sectors.
- Company typePrivate
- Founded2000
- HeadquartersBurnaby, Canada
- Headcount11–50
- GTM typeB2B
- OfferingHardware or Manufacturing
Loop Energy firmographics
Firmographics- Name
- Loop Energy
- Legal name
- Loop Energy Inc.
- Website
- https://loopenergy.com
- Company type
- Private
- Founded year
- 2000
- Operating status
- Acquired
- Headcount range
- 11–50 employees
- Short description
- Loop Energy develops hydrogen fuel cell systems for heavy-duty commercial vehicles and stationary power generation. Now a wholly-owned subsidiary of Teralta Hydrogen Solutions following its December 2024 acquisition, the combined entity serves commercial transportation, data center, mining, and construction sectors.
- Ownership category
- akta.pro rank
Loop Energy industry classification
Industry- Product category
- Hydrogen Fuel Cell Systems
- NAICS
- Motor Vehicle Transmission and Power Train Parts Manufacturing (33635), Turbine and Turbine Generator Set Units Manufacturing (333611)
- SIC
- Motors & Generators (3621), Cogeneration Services & Small Power Producers (4991)
- akta.pro primary industry
- Hydrogen Energy Storage & Power-to-X Equipment (electrolyzers, storage, fuel cell systems) (IMAGAHAM)
- akta.pro secondary industries
- Fuel Cell Distributed Generation (Hydrogen/Natural Gas SOFC/PEM) (EUACALAK), Truck & Commercial Vehicle Electrification Manufacturing (eAxles/Battery Packs/Fuel Cells) (IMACABAK), Hydrogen CHP (Fuel Cell & H2-Ready Turbines) (EUACAKAF)
Keywords
Where Loop Energy is headquartered
LocationHeadquarters
- HQ city
- Burnaby
- HQ country
- Canada
- HQ region
- North America
Offices2 records
Markets served
Loop Energy 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
Loop Energy product offering
Product offeringCore offering
Loop Energy designs and manufactures hydrogen fuel cell systems for heavy-duty commercial vehicles (trucks, buses, coaches) and stationary power generation applications. The company leverages a proprietary fuel cell stack architecture to deliver zero-emission powertrain and stationary power solutions targeted at commercial fleets, data centers, mining, and construction customers.
Differentiator
Problem solved
Functional benefit
Products and services
- Hydrogen Fuel Cell Systems for Heavy-Duty Commercial Vehicles Zero-emission hydrogen fuel cell powertrain systems designed for integration into heavy-duty trucks, buses, and coaches, targeted at vehicle OEMs, integrators, and fleet operators seeking diesel-replacement solutions.
- Hydrogen Fuel Cell Systems for Stationary Power Stationary hydrogen fuel cell power generation systems used for applications such as data centers, mining sites, and construction operations where reliable, low-emission prime or backup power is required.
Quantifiable outcome
- Fuel economy superior to diesel engines for heavy-duty commercial applications
Companies that use Loop Energy
Customer profileSegments3 records
Ideal customer profiles2 records
Loop Energy technology and API
TechnologyTechnology focussed Yes
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Feature1 record
Loop Energy partnerships and signals
Strategic signalPartnerships
One partnership is on record.
- Teralta Hydrogen Solutions Inc.coreTeralta acquired 100% of Loop Energy's issued and outstanding common shares. The acquisition combines Loop's hydrogen fuel cell technology with Teralta's clean H2 production, storage, and delivery infrastructure. The combined entity aims to expand into additional use cases including data centers, mining, and construction sectors. Loop Energy's Burnaby location became Teralta's new head office and technical base.
Scale indicators2 records
Loop Energy competitors and assessment
Company assessmentBroad incumbents
- Daimler Truck (Mercedes-Benz / GenH2): Global commercial vehicle OEM with an explicit hydrogen fuel cell long-haul truck program (GenH2). Comparable as a competing platform targeting the same heavy-duty zero-emission trucking customer as Loop.
- Cummins / Accelera: Global powertrain OEM with a dedicated zero-emissions business (Accelera) covering hydrogen fuel cells, batteries, and eAxles. Comparable as both a historical investor/partner of Loop and a broad incumbent competing in heavy-duty hydrogen and electrification.
- Toyota Motor Corporation (Hydrogen Division): Major automotive OEM with a hydrogen fuel cell commercial vehicle program (heavy-duty trucks, buses) including the Mirai and Hino partnerships. Comparable to Loop as a competing heavy-duty hydrogen fuel cell OEM with global scale.
- Nel ASA: Norwegian hydrogen technology company supplying electrolyzers and hydrogen fueling stations, with growing exposure to fuel cell-adjacent infrastructure. Comparable as a hydrogen ecosystem player addressing the supply-side of the same value chain Loop/Teralta target.
Direct peers
- Plug Power: U.S.-based hydrogen fuel cell systems provider focused on material handling, stationary power, and increasingly heavy-duty mobility. Comparable to Loop on fuel cell system commercialization across stationary and mobility use cases, though Plug operates at a substantially larger scale.
- PowerCell Sweden: Swedish manufacturer of PEM fuel cell stacks and systems for commercial vehicles, marine, and stationary applications. Closely comparable to Loop on technology (PEM fuel cells), heavy-duty mobility focus, and stationary power positioning.
- Ballard Power Systems: Canadian-based developer of PEM hydrogen fuel cell stacks and systems for heavy-duty mobility (buses, trucks, trains) and stationary power. Directly comparable to Loop Energy on core fuel cell technology, target end markets (commercial vehicles and stationary), and Canadian operating base.
- Hyzon Motors: U.S.-based supplier of hydrogen fuel cell-powered heavy-duty trucks (Class 8) targeting North American logistics fleets. Directly comparable to Loop on hydrogen fuel cell commercial vehicle positioning and customer profile (fleet operators).
Emerging players
- Hydrogenious LOHC Technologies: German company developing liquid organic hydrogen carrier (LOHC) storage and supply solutions for mobility and industrial use. Comparable as an emerging hydrogen infrastructure player addressing supply-side challenges relevant to Loop's end customers.
Others
- First Element Fuel (True Zero): California-based hydrogen refueling station operator serving fuel cell vehicles. Comparable as a hydrogen ecosystem enabler whose infrastructure footprint directly determines real-world utilization of Loop's fuel cell systems in the field.
Market position
Customer concentration
Loop Energy social profiles
Digital presenceLoop Energy financial estimates
Financial estimateRevenue estimate
Valuation estimate
Loop Energy leadership team
Management profileNumber of profiles
Profiles4 records
Loop Energy funding detail
Funding detailFunding overview
Funding rounds5 records
Investors5 records
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Loop Energy 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 Loop Energy
What does Loop Energy do?
Loop Energy designs and manufactures hydrogen fuel cell systems for heavy-duty commercial vehicles (trucks, buses, coaches) and stationary power generation applications. The company leverages a proprietary fuel cell stack architecture to deliver zero-emission powertrain and stationary power solutions targeted at commercial fleets, data centers, mining, and construction customers.
Is Loop Energy a public or private company?
Loop Energy is a private company. It is classified as corporate owned and is currently acquired.
When was Loop Energy founded?
Loop Energy was founded in 2000. It employs 11 to 50 people.
Where is Loop Energy based?
Loop Energy is headquartered in Burnaby, Canada, in the North America region.
Who are Loop Energy's main competitors?
Broad incumbents on record are Daimler Truck (Mercedes-Benz / GenH2), Cummins / Accelera, Toyota Motor Corporation (Hydrogen Division) and Nel ASA. Direct peers are Plug Power, PowerCell Sweden, Ballard Power Systems and Hyzon Motors. Hydrogenious LOHC Technologies is listed as an emerging player. First Element Fuel (True Zero) is listed as an others.
Does Loop Energy have an API?
No public API is recorded for Loop Energy.
What industry is Loop Energy in?
Loop Energy's product category is Hydrogen Fuel Cell Systems. Its primary akta.pro industry code is IMAGAHAM, Hydrogen Energy Storage & Power-to-X Equipment (electrolyzers, storage, fuel cell systems), with a secondary code of EUACALAK, Fuel Cell Distributed Generation (Hydrogen/Natural Gas SOFC/PEM). Its NAICS code is 33635 and its SIC code is 3621.