The world's first self-sustaining fuel cell company

Horizon's founding story is one that fueled with curiosity, ambition, and willingness to move forward in one of the most difficult technology spaces, and one that achieves success against all odds.

 

Already working as a corporate team within Eastman Chemicals' international technology venturing arm and innovation team in the late 90s, George Gu - at the Shanghai office, and Taras Wankewycz at Eastman's European HQ in the Netherlands, joined forces with a mission to build the world's first profitable fuel cell company.

 

Technology-agnostic and commercially focused, their ambition was to achieve sustainable decarbonisation targets without relying on government subsidies, billions of dollars of private capital, and to first and foremost - create the world's first and only profitable fuel cell company, in an industry that had not seen a profit in 30 years, and was still quite far from breaking through.

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George Gu

Co-Founder & Chairman

Taras Wankewycz

Co-Founder, former CMO

The founding team chose Singapore as its global headquarters in 2003, and set forth a three phase commercialisation roadmap, dropping technology costs, and removing the age-old hydrogen supply barriers. One of the company's main success factors was to start commercialisation with small and simple products  that can function on tiny amounts of hydrogen to reduce logistics barriers, while preparing for larger and more complex products.

 

It didn't matter what the product or the market was at the start, as long as the outcome created an opportunity to start the operations engine and re-invest positive cash flow into increasingly complex products.

During the course of Horizon's history, more former Eastman colleagues joined and took leadership roles - including founding shareholder Craig Knight, now CEO of Horizon Fuel Cell Technologies.

During our 20 year journey, we have 

successfully scaled up our fuel cell stack 

capability alongside deep innovations

in stack materials and hydrogen storage, 

all the way through to heavy vehicle

integration expertise.

George Gu, Founder and Chairman

Think BIG, start small, and scale up over time

Think big and start small has been the guiding principle of Horizon's evolution over the years, as well as the entrepreneurial philosophy of the team in all of its various product initiatives. The premise is simple:"if we can't succeed with the simplest products, what makes us think we can succeed in more complex ones". The story of Horizon is one of constant evolution, innovation and re-invention across several applications and markets.

Horizon's evolution is a unique story, as it evolved from one market to another - from retail-friendly consumer products to professional industrial systems of all shapes and sizes, while introducing numerous hydrogen storage and production technologies, ranging from electrolysis, to hydrolysis, to reforming.

Market 1

Market 2

Market 4

Market 3

Market 5

 

In 2008 Horizon introduced the world's only desktop electrolyzer dubbed HYDROFILL capable of charging small metal hydride cartridges automatically.

 

This compact hydrogen on demand solution is now used in schools and university labs around the world as an alternative to large and complex cylinder gas tank installations.

Horizon ultimately emerged as the world's largest volume producer of fuel cells regardless of size or power level, serving customers in over 65 countries with the widest selection of commercial products in the fuel cell industry, with industry leading technical performances. 

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17 years of intense product R&D and 3 spin-offs

Horizon completes 450Wh/kg battery alternative, opens HES aerospace lab in Singapore

Horizon launches first PEM fuel cell stacks & begins cost reduction.

Horizon launches

fuel cell charger and desktop electrolyzer

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Horizon spins-off

Horizon Educational

Horizon launches

HYZON Motors in the US

Horizon's H-racer named TIME Magazine Best Invention

Supplies 400kW module for Korean Rail Network

Horizon begins works on the world's lowest cost reversible metal hydride 

Horizon's begins shipments of its 1st science kit product

Launch of high capacity stationary power systems

Horizon spins-off

aerial mobility lab in Singapore

Horizon starts work on hydrogen reforming

Launch of water-cooled 30KW vehicle PEMFCs

Launch of 500 HP (370kW) single module FC

Horizon introduces containerised MW-scale fuel cell systems

Horizon ultimately emerged as the world's largest volume producer of fuel cells regardless of size or power level, serving customers in over 65 countries with the widest selection of commercial products in the fuel cell industry, with industry leading technical performances. 

Over the course of its 17 year history, Horizon went on to spin-off 3 application focused companies, including Horizon Educational - the world's leading clean energy and hydrogen science education company, HES Energy Systems - a global leader in hydrogen-electric aerial mobility solutions, and more recently - HYZON Motors, a fast-growing global leader in hydrogen electric heavy vehicles.  

2011

​2012

2013

2014

2016

2015

Horizon-produced HYMERA for BOC/Linde

begins sales in UK

Horizon founded in Singapore

2003

2004

2005

2006

2007

2008

2009

2010

Start of chemical cartridge R&D

Horizon ultra-light fuel cells set new FAI flight distance record

Release of new T-Series stacks for Stationary 

2017

2019

2020

2018

2018-2020:   the start of large-capacity fuel cell deployments at scale

In 2018 Horizon began the commercialization of its large scale liquid cooled PEMFC systems, and clinched the world's first large scale commercial contract for 1000 hydrogen trucks in China, the world's largest EV market.

 

Since then, the company started to partner with bus and coach makers, as well as commercial delivery vehicle manufacturers and formed HYZON MOTORS Inc, with its global headquarters and engineering center located at the former General Motors fuel cell facility in upstate New York. This new facility is destined to become the benchmark in high power fuel cell production in the USA.

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