What Borit does

Borit NV is a Belgian manufacturer specializing in metal bipolar plates for hydrogen fuel cells and electrolyzers, headquartered in Geel, Belgium. Founded in 2010 as a spin-off from OCAS nv (an ArcelorMittal and Flemish Region joint venture) and Borit Leichtbau-Technik GmbH, the company develops and produces precision-formed metal components that serve as the structural and current-conducting backbone of PEM (Proton Exchange Membrane) fuel cell stacks and water electrolyzer systems.

The company's core technology is its proprietary Hydrogate™ forming process, which enables the production of thin, complex-shaped metal bipolar plates. Borit operates a one-stop-shop manufacturing model that integrates engineering, hydroforming, laser cutting, laser welding, and sealing under one roof, supported by a portfolio of more than 50 PEM fuel cell designs and more than 30 electrolyzer designs. The company emphasizes design-for-manufacturability and a single tooling concept intended to reduce cost and complexity for fuel cell and electrolyzer OEMs across both mobility and stationary hydrogen applications.

In November 2020, Borit was acquired by Weifu Holding ApS, part of the Chinese Weifu High-Technology Group, providing strategic capital backing and access to Asian automotive channels. The company employs more than 40 full-time experts, has received the Factory of the Future 2024 award for the third time, and pursues a local-for-local production strategy with active participation in international hydrogen industry events including Hyvolution, Hannover Fair, and Hydrogen Tech Expo. The company serves fuel cell and electrolyzer manufacturers globally and is embedded in the Flemish hydrogen cluster alongside partners including Virya Energy, Exion Hydrogen, and Solhyd, with a named customer relationship with Axane.

Name

Borit

Legal name

BORIT NV

Website

https://borit.be

Company type

Private

Founded year

2010

Operating status

Operating

Headcount range

11–50 employees

Short description

Borit NV is a Belgian manufacturer of proprietary metal bipolar plates for PEM fuel cells and electrolyzers, serving global hydrogen OEMs with its Hydrogate™ forming technology and integrated one-stop-shop manufacturing from its Geel, Belgium headquarters.

Ownership category

akta.pro rank

Headquarters

HQ city

Geel

HQ country

Belgium

HQ region

Europe

Offices1 record

Markets served

GTM type

B2B

Offering type

Hardware or Manufacturing

Cost components

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

Revenue model

1. Metal Bipolar Plates Manufacturing: Design, development, and manufacturing of high-precision metal bipolar plates for fuel cells and electrolyzers. The company supports customers from prototyping through mass production, with expertise in various technologies including forming, cutting, welding, and sealing.
2. Engineering Services: Co-engineering services where Borit collaborates with customers from preliminary sketches to finalized designs optimized for formability, including design for manufacturability (DfM) support and computational fluid dynamics (CFD) and structural analysis (FEA) simulations.
3. Contract Manufacturing Services: Individual manufacturing services including hydrogate forming, laser cutting, mechanical die cutting, laser welding, and sealing offered as standalone or integrated end-to-end solutions.

Go-to-market motion2 records

Distribution channels1 record

Marketing channels4 records

Core offering

Borit designs, develops, and manufactures high-precision metal bipolar plates (BPPs) and interconnects for PEM fuel cells and electrolyzers using its proprietary Hydrogate™ hydroforming process. The company offers an integrated one-stop-shop value chain covering engineering, thin metal sheet forming (25µm–2.5mm), laser and mechanical die cutting, laser welding, and silicone-based sealing, sold either as individual process steps or as fully integrated end-to-end production from prototyping to mass series.

Product overview

Borit offers a unified one-stop-shop manufacturing platform for metal bipolar plates used in fuel cells and electrolyzers. The core products include Metal Bipolar Plates for Fuel Cells and Metal Bipolar Plates for Electrolyzers, supported by an integrated value chain of proprietary technologies: Hydrogate™ (hydroforming), Engineering Services, Cutting Services (laser and mechanical), Laser Welding Services, and Sealing Services. This modular approach allows customers to engage Borit for individual manufacturing steps or complete end-to-end production from prototyping to mass production.

Differentiator

Problem solved

Functional benefit

Brands

• Hydrogate™: Proprietary forming technology that industrializes hydroforming for sheet metals to a continuous process using an innovative press concept.

Products and services

• Metal Bipolar Plates for Fuel Cells High-precision metallic bipolar plates (BPPs) engineered for Proton Exchange Membrane fuel cell applications, including High Temperature PEM, Low Temperature PEM, and Direct Methanol fuel cells, designed for high-performance hydrogen systems with complex geometries and integrated functionalities for reliable stack performance.
• Metal Bipolar Plates for Electrolyzers High-precision metallic bipolar plates and interconnects designed for demanding electrolysis applications including PEM, alkaline, AEM, and solid oxide (SOEC) electrolyzers, optimized for durability, efficiency, and performance in green hydrogen production environments.
• Hydrogate™ Hydroforming Manufacturing Proprietary hydroforming manufacturing service for thin metal bipolar plates (25µm–2.5mm) using Borit's Hydrogate™ single-tooling press concept, which produces formed plates directly from coil without tool changes from prototyping through volume production.
• Engineering Services Co-engineering services supporting customers from preliminary sketches through to finalized designs optimized for formability, including design-for-manufacturability (DfM), small-scale forming tests, in-house measuring laboratory capabilities, and optional CFD and FEA simulations.
• Cutting Services Dual cutting service offering laser cutting for design flexibility in development environments and mechanical die cutting for medium-to-large series production, both optimized for efficiency, quality, and consistency on bipolar plate geometries.
• Laser Welding Services State-of-the-art fiber laser welding service for PEM bipolar plate production, delivering high-quality and high-speed joining of formed plates with integrated leak testing for quality assurance across high weld-count plate designs.
• Sealing Services Specialized sealing service for PEM fuel cells and electrolyzers, using multiple silicone-based materials with thermal and chemical resistance, paired with pressure leak testing capabilities to support bipolar and monopolar plate assembly.

Quantifiable outcome

• Over 50 proven PEM fuel cell designs and 30+ electrolyzer designs with clear growth path from prototyping to volume production
• +3 more outcomes

Segments5 records

Ideal customer profiles2 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature6 records

Partnerships

Five partnerships are on record, tiered minor and historical.

• Virya EnergyminorStrategic or Co-development Partner · 1 January 2026Participated together with Borit at Hyvolution Paris 2026 at the WATERSTOFNET AND FLANDERS INVESTMENTS & TRADE (FIT) booth, representing leading innovative companies from Flanders in the hydrogen sector.
• Exion HydrogenminorStrategic or Co-development Partner · 1 January 2026Participated together with Borit at Hyvolution Paris 2026 at the WATERSTOFNET AND FLANDERS INVESTMENTS & TRADE (FIT) booth, representing leading innovative companies from Flanders in the hydrogen sector.
• SolhydminorStrategic or Co-development Partner · 1 January 2026Participated together with Borit at Hyvolution Paris 2026 at the WATERSTOFNET AND FLANDERS INVESTMENTS & TRADE (FIT) booth, representing leading innovative companies from Flanders in the hydrogen sector.
• AxaneminorGTM or Marketing Partner · 1 November 2025Axane visited Borit's booth at the Hydrogen Technology Expo in Hamburg, Germany, representing a valued customer relationship in the hydrogen technology space.
• OCAS nvhistoricalStrategic or Co-development Partner · 1 January 2010Borit was established in 2010 as a visionary spin-off from OCAS nv, a distinguished metal research center jointly owned by ArcelorMittal and the Flemish Region. This spin-off established Borit's foundation in thin metal sheet forming and processing.

Scale indicators5 records

Recent moves5 records

Expansion highlights4 records

Broad incumbents

• Nel ASA: Norwegian electrolyzer manufacturer with global market presence and internal stack assembly. Comparable to Borit as a hydrogen equipment ecosystem participant; Nel is a downstream customer for BPPs and complementary technology peer.
• ITM Power: UK-based PEM electrolyzer manufacturer scaling gigafactory capacity across Europe. Comparable to Borit as a hydrogen equipment ecosystem participant; ITM is a downstream customer for metal BPPs and a technology peer in PEM stacks.
• Ballard Power Systems: Canadian PEM fuel cell stack manufacturer with internal metal BPP manufacturing capability. Comparable to Borit as a fuel cell stack ecosystem participant with bipolar plate production, though primarily a stack maker rather than a merchant component supplier.
• Robert Bosch: Global Tier-1 automotive supplier with an established fuel cell stack and components business. Comparable to Borit as a broader incumbent entering metal BPP production with much larger resources and an existing OEM customer base.

Direct peers

• Dana Incorporated: US-based automotive supplier with a fuel cell and electrolyzer components portfolio including metal bipolar plates. Comparable to Borit as a Tier-1 supplier of precision-formed metal BPPs to fuel cell OEMs.
• Schaeffler: German automotive and industrial supplier operating a fuel cell components business including metal bipolar plates and stack components. Comparable to Borit in serving European fuel cell stack developers with precision metal-formed components.
• Freudenberg: German sealing and components group with a fuel cell business spanning sealing technologies, gas diffusion layers, and metal bipolar plate components. Comparable to Borit in serving European fuel cell and electrolyzer stack manufacturers with integrated component solutions.
• ElringKlinger: German automotive supplier with a dedicated fuel cell technology business that designs and manufactures metal bipolar plates for PEM fuel cells and electrolyzers. Closest direct competitor to Borit in metal BPPs serving European OEMs.

Emerging players

• Advent Technologies: US-based fuel cell technology company developing high-temperature PEM membrane electrode assemblies and stack components. Comparable to Borit as a clean-energy component specialist in the broader PEM fuel cell value chain.
• Impact Coatings (Permascand): Swedish company specializing in PVD coatings for metal bipolar plates used in PEM fuel cells and electrolyzers. Comparable to Borit as a niche technology supplier in the metal BPP value chain, focused on a specific production step (coating) rather than full assembly.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks6 records

Key highlights6 records

Customer concentration

• Xx.com/borit_nv

Compliance1 record

Revenue estimate

Valuation estimate

Number of profiles

Funding overview

Funding rounds1 record

Investors2 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 Borit