BTE
Hydrogen fuel cell and refueling solutions.
| Date | Investors | Amount | Round |
|---|---|---|---|
| investor | €0.0 | round | |
| N/A | €0.0 | round | |
* | $4.7m | Early VC | |
| Total Funding | 000k | ||
BTE Inc. (Beyond Technology Engineering) is a South Korean company established in November 2020 that develops hydrogen energy solutions and fuel cells. The company is led by CEO Gyu-Jung Shim.
BTE provides end-to-end solutions that cover the production, storage, transportation, and refueling of hydrogen. Its core business areas are hydrogen charging equipment and hydrogen fuel cell technology. The company manufactures mobile and on-site hydrogen refueling stations for various applications, including drones, forklifts, motorcycles, and vehicles, offering both 350-bar and 700-bar options. These all-in-one refueling systems integrate the controller, compressor, cooler, and dispenser and are designed to be compact and operable in high-temperature environments. BTE also produces hydrogen-powered Unmanned Ground Vehicles (UGVs) and hydrogen fuel cell generators, such as its 50kW 'GEN50' model.
The company targets clients in the mobility sector, providing solutions for hydrogen-powered cars, drones used for delivery and inspections, and forklifts for warehouse operations. In September 2023, BTE secured a significant contract worth 46 billion won to supply its GEN50 hydrogen fuel cell generators to H2Strategics in the United States over three years, with applications including powering EV charging stations and movie sets. The company has also exported a hydrogen refueling station to Indonesia.
BTE has received multiple accolades for its technology, including two Innovation Awards at CES 2023 for its multi-purpose hydrogen refueller and fuel-cell UGV, and a Bronze Edison Award in 2024. It has signed Memorandums of Understanding (MOUs) with companies like Doosan Mobility Innovation and U.S.-based Fortress UAV to expand its presence in the global hydrogen mobility market.
Keywords: hydrogen refueling stations, hydrogen fuel cells, mobility solutions, UGV, hydrogen generators, hydrogen charging, fuel cell power pack, energy engineering, hydrogen drone, hydrogen forklift, hydrogen motorcycle, clean energy, sustainable technology, energy storage, hydrogen distribution, carbon neutral