Hydropulse

What Hydropulse does

Hydropulse GmbH is a Berlin-based, wholly owned subsidiary of UK-listed ITM Power plc that builds, owns, and operates containerised green hydrogen production plants for industrial customers with dependable hydrogen demand. The company packages ITM Power's NEPTUNE II PEM electrolyser technology into a modular, on-site plant configuration that is designed, financed, built, and operated by Hydropulse rather than the customer. The legal entity is registered in Germany (HRB 282299 B) and has a disclosed headcount of 1–10 employees, consistent with an early-stage commercial build-out operating under the backing of its public-company parent.

The core commercial proposition is a build-own-operate (BOO) structure delivered through long-term hydrogen supply agreements of 10 years or more, under which Hydropulse assumes capital intensity, technology performance risk, and operating responsibility in exchange for predictable subscription-style hydrogen offtake payments. Customers receive a zero-CAPEX deployment with custom plant sizing matched to their demand profile, quick site deployment with minimal enabling works, and a 24/7 remote operations capability. The sales motion is an enterprise field-sales process organised into six project stages — demand profiling, technical and commercial assessment, plant configuration, contracting, build, and ongoing hydrogen supply — engaged via a dedicated sales inbox.

The model is differentiated primarily by its access to ITM Power's NEPTUNE II electrolyser systems at favourable internal transfer economics, eliminating the risk buffers and intermediary margins that inflate costs for independent BOO competitors. Hydropulse positions itself as solving three adoption barriers to industrial green hydrogen — high CAPEX, complex financing, and technology risk — by making the customer-facing transaction a recurring supply contract rather than a capex project. No customers, contract wins, revenue figures, or signed offtake agreements are disclosed in the source material, indicating the entity is at an early commercial stage.

Name

Hydropulse

Legal name

Hydropulse GmbH

Website

https://hydropulse.eu

Company type

Private

Operating status

Operating

Headcount range

1–10 employees

Short description

Hydropulse, a Berlin-based wholly owned subsidiary of ITM Power plc, builds, owns, and operates containerised green hydrogen plants under zero-CAPEX, 10+ year supply contracts with industrial customers seeking to decarbonise on-site hydrogen demand.

Ownership category

akta.pro rank

Product category

Green Hydrogen Production Services

akta.pro primary industry

Hydrogen Production Supply & Offtake (Green/Blue H2) for Utility Blending (EUAJAJAF)

Keywords

• Green hydrogen production
• Build own operate
• Hydrogen supply agreements
• Industrial decarbonization
• Electrolysis systems

Headquarters

HQ city

Berlin

HQ country

Germany

HQ region

Europe

Offices1 record

Markets served

GTM type

B2B

Offering type

Services

Cost components

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

Revenue model

1. Green Hydrogen Supply Agreements: Long-term hydrogen supply contracts (10+ years) where Hydropulse builds, owns, and operates hydrogen production plants on customer sites. Customers pay for hydrogen supplied under predictable pricing terms without capital investment or operational responsibility.

Pricing tiers

Go-to-market motion1 record

Distribution channels1 record

Marketing channels2 records

Core offering

Hydropulse (Hydropulse GmbH), based in Berlin, builds, owns, and operates containerised green hydrogen production plants for industrial customers, deploying ITM Power's NEPTUNE II PEM electrolysers under a Build-Own-Operate (BOO) model. The company supplies green hydrogen to industrial users under multi-year offtake contracts, eliminating customer CAPEX and technology risk.

Product overview

Hydropulse offers a single unified service for green hydrogen production rather than a platform-plus-modules architecture. The core offering combines ITM Power's NEPTUNE II electrolyser technology with Hydropulse's build-own-operate business model to deliver turnkey hydrogen solutions. Key service components include: One-stop-shop (full lifecycle management from concept to delivery), Zero Capex (no upfront capital required), Zero Technology Risk (full performance responsibility taken by Hydropulse), Predictable & Competitive Pricing (10+ year contracts), Customised Plant Configuration (matched to demand profiles), Professional 24/7 Remote Operations, and Scalable deployment capability. The process follows six steps: Define Demand Profile, Technical & Commercial Assessment, Plant Configuration, Contracting, Build, and Reliable Hydrogen Supply.

Differentiator

Problem solved

Functional benefit

Products and services

• Green Hydrogen Supply Service Containerised green hydrogen plants built, owned, and operated by Hydropulse using ITM Power NEPTUNE II electrolysers, supplying green hydrogen to industrial customers under long-term offtake contracts.
• Build-Own-Operate Hydrogen Plants Turnkey containerised PEM electrolyser-based hydrogen production plants designed, constructed, owned, and operated by Hydropulse for industrial clients.

Segments1 record

Ideal customer profiles1 record

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature1 record

Partnerships

One partnership is on record.

• ITM Power plccoreTechnology or IntegrationHydropulse is a wholly owned subsidiary of ITM Power plc. The partnership provides Hydropulse with direct access to ITM Power's market-leading NEPTUNE II electrolyser systems at highly competitive costs without unnecessary risk buffers or intermediaries. This parent-subsidiary relationship is fundamental to Hydropulse's ability to produce green hydrogen at exceptionally low price points.

Scale indicators3 records

Recent moves4 records

Expansion highlights4 records

Broad incumbents

• Linde: Global industrial gases major with an established hydrogen supply business and growing clean hydrogen project pipeline. Comparable as a supplier of merchant and on-site hydrogen to industrial customers, though Linde operates at vastly larger scale and across many gas products.
• ITM Power plc: Parent company and a leading global electrolyser manufacturer that also sells hydrogen production solutions directly. Directly comparable because ITM Power's own P2G/BOO ambitions overlap with Hydropulse's offering, though ITM Power operates at much larger scale and across the full value chain including equipment sales.
• Siemens Energy: Large energy technology and EPC player with hydrogen electrolyser offerings and hydrogen-as-a-service pilots. Comparable as a turnkey hydrogen project provider for industrial customers, though it operates broadly across power generation, grid, and renewables.
• Air Products: Major industrial gases company with significant green and blue hydrogen project investments and on-site hydrogen supply contracts. Comparable as a long-term hydrogen offtake supplier to industrial customers, though with a broader product portfolio and global infrastructure.

Direct peers

• Nel ASA: Norwegian electrolyser manufacturer that has expanded into hydrogen project development and BOO/PPA-style offerings. Comparable to Hydropulse as a technology-rooted hydrogen player moving toward owned-and-operated project delivery for industrial customers.
• Plug Power: US-based hydrogen company operating across production, distribution, and end-use applications with vertically integrated green hydrogen generation. Comparable business model focus on supplying green hydrogen to industrial and mobility customers under long-term agreements.
• thyssenkrupp nucera: Electrolyser technology provider and hydrogen project developer serving large-scale industrial applications. Comparable in core technology (water electrolysis) and end-customer profile (industrial hydrogen offtakers), with both companies selling into industrial decarbonisation.

Emerging players

• Enapter: Manufacturer of anion exchange membrane (AEM) electrolysers with a focus on decentralised, smaller-scale hydrogen production. Comparable as a hydrogen production technology provider serving distributed industrial customers, though at a different technology and scale point than Hydropulse.
• Everfuel: Danish green hydrogen company developing, owning, and operating hydrogen production and distribution assets under long-term supply contracts. Comparable BOO-style hydrogen supply model, though primarily focused on mobility with growing industrial exposure.
• McPhy Energy: French electrolyser manufacturer and hydrogen project developer focused on industrial and mobility applications. Comparable in offering electrolyser-based hydrogen production and project delivery, though smaller and with a regional rather than global customer footprint.

Market position

Strengths4 records

Weaknesses5 records

Competitive moat4 records

Key risks6 records

Key highlights6 records

Customer concentration

• LinkedInlinkedin.com/company/hydropulse

Revenue estimate

Valuation estimate

Number of profiles

Funding overview

Funding rounds

Investors

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 Hydropulse