BTE

What BTE does

BTE Inc. (주식회사 비티아이) is a South Korean hydrogen energy total solutions company founded in November 2020 and headquartered in Yongin, Gyeonggi-do. The company designs, manufactures, and sells integrated hydrogen infrastructure products spanning the full value chain from hydrogen production to end-use applications. Core offerings include the GEN series modular hydrogen fuel cell generators (GEN50 at 50kW, GEN80 at 80kW, and the newly launched GEN100 at 100kW), hydrogen refueling equipment (the BHD-ST-HC-700 700-bar dispenser and BHR-ST-350 refueler), hydrogen fuel cell unmanned ground vehicles (UGVs) capable of more than 3 days of continuous patrol operation, and hydrogen energy engineering services for infrastructure construction. The technology integrates fuel cell modules, power conversion systems (PCS), smart control algorithms, and multi-layered safety management systems designed for the specific characteristics of hydrogen.

BTE serves a primarily B2B enterprise customer base including data center operators (notably a 10MW demonstration project for the North American market in partnership with Guofu Hydrogen Energy and Hylium), government and state-owned utility customers (PLN in Indonesia, a Malaysian state-owned enterprise), industrial power users, telecommunications infrastructure, and hydrogen mobility fleet operators. The company also operates a small direct-to-consumer channel for hydrogen cylinders sold at 15,000 KRW per unit. Revenue mechanics are dominated by one-time hardware sales of generators and refueling equipment, supplemented by professional services for hydrogen infrastructure engineering projects. Geographic reach extends across South Korea, the United States (via a US subsidiary), Malaysia, Indonesia, and Vietnam, with export contracts for GEN50 and GEN80 generators and hydrogen refueling systems for government and enterprise clients.

The business model relies on enterprise sales cycles, government procurement, and export distribution channels, supported by participation in major industry exhibitions (CES, H2 MEET, WHE 2025). BTE has accumulated six granted patents covering hydrogen charger design, mobile automated hydrogen stations, composite hydrogen charging methods, UGV design, and fuel cell design, and has secured ISO 9001, ISO 14001, Inno-Biz, Type 1 gas facility construction, and high-pressure gas sales certifications. The company has raised approximately 9.2 billion KRW in cumulative funding through a Series A round in April 2022, a Series B round in November 2023, and follow-on capital in May 2024.

Name

BTE

Legal name

BTE Inc (주식회사 비티이)

Website

https://bte-inc.co.kr

Company type

Private

Founded year

2020

Operating status

Operating

Headcount range

11–50 employees

Short description

BTE Inc. is a South Korean hydrogen energy total solutions company that designs and manufactures fuel cell generators, hydrogen dispensers, and hydrogen-powered UGVs for enterprise customers including data centers, governments, industrial facilities, and hydrogen mobility operators in South Korea, the US, and Southeast Asia.

Ownership category

akta.pro rank

Product category

Hydrogen Energy Equipment

NAICS

Turbine and Turbine Generator Set Units Manufacturing (333611)

SIC

Motors & Generators (3621), Electronic & Other Electrical Equipment (No Computer Equip) (3600)

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), Hydrogen (Industrial & Mobility) (IMAEACAB), Hydrogen CHP (Fuel Cell & H2-Ready Turbines) (EUACAKAF)

Keywords

• Hydrogen energy equipment
• Fuel cell generators
• Hydrogen refueling stations
• Hydrogen fuel cell UGVs
• Clean power systems

Headquarters

HQ city

Gyeongju

HQ country

South Korea

HQ region

Asia

Offices3 records

Markets served

GTM type

B2B

Offering type

Hardware or Manufacturing

Cost components

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

Revenue model

1. Hydrogen Fuel Cell Generators: Sale of hydrogen fuel cell power generators including GEN50, GEN80, and 100kW modular systems to enterprise customers including US data centers and international markets.
2. Hydrogen Refueling Equipment: Sale and installation of hydrogen dispensers (BHD-ST-HC-700, BHR-ST-350) and refueling station infrastructure to hydrogen refueling operators.
3. Hydrogen Energy Engineering: Hydrogenation and supply of new and renewable energy, and hydrogen energy infrastructure construction projects.
4. Hydrogen Fuel Cell UGV: Sale of hydrogen-powered unmanned ground vehicles for autonomous delivery, long-term patrol, and industrial applications.
5. Hydrogen Cylinder Sales: Direct consumer/enterprise sales of hydrogen cylinders through website at 15,000 KRW per unit (excluding VAT).

Pricing tiers

Go-to-market motion3 records

Distribution channels5 records

Marketing channels7 records

Core offering

BTE Inc. manufactures and sells hydrogen energy equipment including the GEN series of modular hydrogen fuel cell generators (50kW, 80kW, 100kW), 700 Bar hydrogen dispensers, hydrogen refuelers, hydrogen fuel cell-powered unmanned ground vehicles (UGVs), and provides hydrogen energy engineering and infrastructure construction services. The products are designed for industrial power generation, data center backup power, hydrogen mobility refueling infrastructure, and autonomous long-endurance vehicle applications.

Product overview

BTE is a hydrogen energy total solutions company offering a comprehensive portfolio of hydrogen-powered products. The core offerings include the GEN series hydrogen fuel cell generators (GEN50 50kW, GEN80 80kW, GEN100 100kW modular), the Hydrogen Fuel Cell (all-in-one compact system), Hydrogen Fuel Cell UGV (for autonomous delivery and long-term patrol applications), BHD-ST-HC-700 (700 bar hydrogen dispenser with GUI control), BHR-ST-350 (hydrogen refueler), and Hydrogen Energy Engineering services for infrastructure construction. Products are supported by certifications including ISO 9001, ISO 14001, and Inno-Biz certification, enabling applications across hydrogen drones, forklifts, fuel bikes, UGVs, and stationary power generation.

Differentiator

Problem solved

Functional benefit

Products and services

• Hydrogen Fuel Cell

Named customers4 records

Segments3 records

Ideal customer profiles4 records

Technology focussed Yes

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature7 records

Partnerships

25 partnerships are on record, tiered core, key partner and partner.

• Guofu Hydrogen Energy (Jiangsu Guofu Hydrogen Energy Equipment)coreStrategic or Co-development Partner · 5 March 2026Tripartite cooperation agreement with Guofu Hydrogen Energy and Hylium to design, manufacture and supply a natural gas reforming hydrogen production system for a 10MW-class data center power generation demonstration project in the North American market. Guofu provides hydrogen production system package and technical services while BTE and Hylium handle engineering delivery and power generation systems.
• HyliumcoreStrategic or Co-development Partner · 5 March 2026Tripartite cooperation agreement for 10MW hydrogen power project for data centers. Hylium handles power generation systems as part of the joint project team with Guofu and BTE.
• Doosan (두산)key partnerTechnology or IntegrationListed as trusted partner on BTE investor relations page working to accelerate hydrogen energy transition.
• Hanwha Aerospace (한화에어로스페이스)key partnerTechnology or IntegrationListed as trusted partner on BTE investor relations page.
• HD Hyundai (HD현대)key partnerTechnology or IntegrationListed as trusted partner on BTE investor relations page.
• S FuelcellpartnerTechnology or IntegrationListed as trusted partner on BTE investor relations page.
• H2Wing (하이드로윈)partnerTechnology or IntegrationListed as trusted partner on BTE investor relations page.
• ArdentpartnerTechnology or IntegrationListed as trusted partner on BTE investor relations page.
• Movility (모빌리티존)partnerTechnology or IntegrationListed as trusted partner on BTE investor relations page.
• Gilrosoft (지일로프트)partnerTechnology or IntegrationListed as trusted partner on BTE investor relations page.
• Hanwool (한울)partnerTechnology or IntegrationListed as trusted partner on BTE investor relations page.
• ACTpartnerTechnology or IntegrationListed as trusted partner on BTE investor relations page.
• Daol Jeongil (다올정밀)partnerTechnology or IntegrationListed as trusted partner on BTE investor relations page.
• Jea Green Energy (제이에이绿)partnerTechnology or IntegrationListed as trusted partner on BTE investor relations page.
• WOORYpartnerTechnology or IntegrationListed as trusted partner on BTE investor relations page.
• TKFpartnerTechnology or IntegrationListed as trusted partner on BTE investor relations page.
• STAUBLIpartnerTechnology or IntegrationListed as trusted partner on BTE investor relations page.
• H2 StrategicspartnerTechnology or IntegrationListed as trusted partner on BTE investor relations page.
• HYDRO PACpartnerTechnology or IntegrationListed as trusted partner on BTE investor relations page.
• Fortress UAVkey partnerStrategic or Co-development PartnerStrategic MOU signed for hydrogen mobility global market entry. Fortress UAV is a US-based company. Partnership aims to expand hydrogen-powered UGV solutions for US market.
• Drone UppartnerTechnology or IntegrationListed as trusted partner on BTE investor relations page.
• ELESCEEDpartnerTechnology or IntegrationListed as trusted partner on BTE investor relations page.
• Doosan Mobility Innovation (두산모빌리티이노베이션)key partnerStrategic or Co-development PartnerMOU signed for hydrogen mobility business expansion. Partnership focuses on hydrogen fuel cell applications including drones and industrial vehicles.
• Automotive Research Institute (자동차연구소)partnerStrategic or Co-development PartnerMOU signed for technology collaboration and research partnership in hydrogen mobility sector.
• K-water (한국수자원공사)key partnerStrategic or Co-development PartnerPartnership through K-water startup programs including initial startup package. BTE received support through K-water's early-stage startup investment IR program and participated in CES with K-water delegation.

Scale indicators7 records

Recent moves8 records

Expansion highlights6 records

Direct peers

• Bloom Energy: US stationary fuel cell generator company selling solid oxide fuel cell systems to data centers, utilities, and industrial customers. Closest direct competitor to BTE's GEN50/GEN80/GEN100 product positioning for behind-the-meter clean power at commercial and industrial sites.
• Nel ASA: Norwegian hydrogen equipment company producing electrolyzers and hydrogen refueling station solutions. Directly comparable to BTE's BHD-ST-HC-700 and BHR-ST-350 hydrogen dispenser products, with a stronger European footprint and publicly listed scale.
• PowerCell Sweden: Swedish fuel cell stack and system developer targeting stationary power and heavy-duty mobility applications. Comparable technology platform to BTE's hydrogen fuel cell products, with a focus on PEM technology and European industrial customers.
• SFC Energy: German fuel cell manufacturer specializing in compact stationary and mobile hydrogen fuel cell generators. Closest peer to BTE's GEN series in terms of product form factor and target use cases (off-grid, backup, mobile power).
• Plug Power: US-based hydrogen fuel cell systems provider with a full-stack offering across stationary power, mobility, and refueling infrastructure. Directly comparable to BTE's GEN series and BHD refueling product lines, with deeper capital resources and a more established US customer base.
• Ballard Power Systems: Canadian PEM fuel cell stack and system manufacturer serving stationary power, heavy-duty mobility, and marine applications. Comparable to BTE's fuel cell technology stack, with deeper global OEM relationships but a different go-to-market focus on stacks versus integrated systems.
• Doosan Enerbility (Doosan Fuel Cell): Korean stationary fuel cell power plant manufacturer and one of BTE's listed trusted partners. Directly competes with BTE in hydrogen fuel cell generators for distributed power generation in Korea, with a much larger installed base and broader utility-scale footprint.

Emerging players

• Advent Technologies: US-listed fuel cell developer focused on high-temperature PEM fuel cell systems for stationary power and heavy-duty mobility. Comparable emerging-stage fuel cell company targeting similar industrial and commercial power customers, but with a different core fuel cell chemistry approach.
• Hylium Industries: Korean hydrogen mobility company and BTE's co-development partner in the 10MW North American data center project. Comparable Korean hydrogen startup with overlapping hydrogen production and mobility focus, but distinct core product offering (hydrogen trailers and production vs. fuel cell generators).

Broad incumbents

• Cummins (Accelera): US-based global power technology company with a dedicated Accelera hydrogen fuel cell and electrolyzer division. Broad incumbent offering competing fuel cell systems across stationary, mobility, and rail applications, with vastly greater capital and global reach than BTE.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat4 records

Key risks5 records

Key highlights7 records

Customer concentration

• YouTubeyoutube.com/@%EB%B9%84%ED%8B%B0%EC%9D%B4
• LinkedInlinkedin.com/company/bte-incorporated
• Instagraminstagram.com/bteinc_

Compliance4 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles1 record

Funding overview

Funding rounds5 records

Investors8 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 BTE