PowerUP Energy Technology

PowerUP develops and produces hydrogen-powered fuel cell-based electric generators. Our technology is based on the founders’ 20 years of scientific research in fuel cells and energy technologies. UP® product range is zero-emission, compact, lightweight, operates silently, and requires minimal maintenance.

The Opportunity: The global transition towards sustainable energy presents a significant challenge and opportunity. Aging power grids, increasing energy demands, and the urgent need to decarbonize create a critical need for reliable, zero-emission power solutions. Traditional backup power sources, like diesel or gasoline generators, are noisy, polluting, and increasingly falling short of environmental regulations and customer expectations.   

Our Solution: PowerUP Energy Technologies is tackling this challenge head-on. We develop and manufacture cutting-edge hydrogen fuel cell electric generators and battery capacity extenders. Our proprietary product range converts hydrogen into clean electricity, emitting only water as a byproduct. Based on years of dedicated scientific research by our founders, our technology offers a powerful, sustainable alternative.   

Key Highlights for Investors:

• Disruptive Technology: Our proton exchange membrane (PEM) fuel cell systems are designed to be compact, lightweight, silent, highly efficient, and require minimal maintenance, offering significant advantages over incumbent technologies. We have created next-generation air-cooled PEMFC stacks to solidify our position as a European leader.   

   

• Vast Market Potential: While designed to be market-agnostic, our solutions address critical needs across diverse sectors, including telecommunications (a key initial target), defense, construction, healthcare, off-grid applications, and even space exploration through our partnership with the European Space Agency (ESA).
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• Proven Traction & Validation:
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  • Commercial Products: We have launched a range of generators (portable UP400 and UP1K, stationary UP3K) with larger models under development or launching soon.
  • Significant Demand: We are generating revenues and have secured substantial partnerships for scaling, demonstrating strong market pull and necessitating production expansion.
  • Strategic Partnerships: Collaborations with ESA, major hydrogen suppliers (like Messer, Linde), and deployment partners in international markets (Netherlands, Italy, Singapore, UK, Unites States, Namibia) validate our technology and market access strategy.   
  • Funding Success: Successfully secured grant and equity funding since launch in 2016.
  • Strong Leadership & Expertise: Founded and led by CEO Dr. Ivar Kruusenberg, a former scientist with deep expertise in the field.   
• Sustainable Impact: Our technology directly contributes to achieving net-zero targets by replacing polluting generators with clean hydrogen power, aligning with global environmental goals and ESG investment mandates.
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The Investment Proposition: PowerUP Energy Technologies represents a unique opportunity to invest in a scientifically grounded company poised for significant growth in the rapidly expanding clean energy and hydrogen markets. PowerUP is well-positioned to become a major player in providing sustainable and reliable power solutions globally with proven technology, validated market demand, strategic partnerships, and a strong leadership team. 

We are currently seeking capital of 7 million euros in our A round (with more than half committed) to expand our sales and marketing efforts in selected markets in Europe and North America.

Join us in powering a cleaner, more resilient energy future.