0001279569-15-001142.txt : 20150526 0001279569-15-001142.hdr.sgml : 20150525 20150526143857 ACCESSION NUMBER: 0001279569-15-001142 CONFORMED SUBMISSION TYPE: 6-K PUBLIC DOCUMENT COUNT: 3 CONFORMED PERIOD OF REPORT: 20150526 FILED AS OF DATE: 20150526 DATE AS OF CHANGE: 20150526 FILER: COMPANY DATA: COMPANY CONFORMED NAME: Ballard Power Systems Inc. CENTRAL INDEX KEY: 0001453015 STANDARD INDUSTRIAL CLASSIFICATION: ELECTRICAL INDUSTRIAL APPARATUS [3620] IRS NUMBER: 000000000 STATE OF INCORPORATION: Z4 FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 6-K SEC ACT: 1934 Act SEC FILE NUMBER: 000-53543 FILM NUMBER: 15889010 BUSINESS ADDRESS: STREET 1: 9000 GLENLYON PARKWAY CITY: BURNABY STATE: A1 ZIP: V5J 5J8 BUSINESS PHONE: 206-903-8850 MAIL ADDRESS: STREET 1: 9000 GLENLYON PARKWAY CITY: BURNABY STATE: A1 ZIP: V5J 5J8 FORMER COMPANY: FORMER CONFORMED NAME: 7076991 Canada Inc. DATE OF NAME CHANGE: 20090102 6-K 1 ballard6k.htm FORM 6-K

 

 

UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

FORM 6-K

REPORT OF FOREIGN PRIVATE ISSUER
PURSUANT TO RULE 13a-16 OR 15d-16
UNDER THE SECURITIES EXCHANGE ACT OF 1934

 

May 26, 2015

Commission File Number: 000-25270

Ballard Power Systems Inc.
———————————————————————————————————
(Translation of registrant’s name into English)
 
Canada
———————————————————————————————————
(Jurisdiction of incorporation or organization)
 
9000 Glenlyon Parkway
Burnaby, BC
V5J 5J8
Canada
———————————————————————————————————
(Address of principal executive office)
 

 

Indicate by check mark whether the registrant files or will file annual reports under cover of Form 20-F or Form 40-F:  
☐  Form 20-F   ☒  Form 40-F
 
Indicate by check mark if the registrant is submitting the Form 6-K in paper as permitted by Regulation S-T Rule 101(b)(1):  ☐
 
Indicate by check mark if the registrant is submitting the Form 6-K in paper as permitted by Regulation S-T Rule 101(b)(7):  ☐
 
Indicate by check mark whether the registrant by furnishing the information contained in this Form is also thereby furnishing the information to the Commission pursuant to Rule 12g3-2(b) under the Securities Exchange Act of 1934:  ☐ Yes    ☒ No
 

 

If "Yes" is marked, indicate below the file number assigned to the registrant in connection with Rule 12g3-2(b):    n/a 
 

 

 

 

 
 

 

 


SIGNATURES

 
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.
 
 
 

 

    Ballard Power Systems Inc.
     
Date: May 26, 2015 By:

/s/ Tony Guglielmin

  Name:  Tony Guglielmin
  Title: Chief Financial Officer
     

 
 

EXHIBIT INDEX


Exhibit No.
  Description

 
99.1   News Release Dated May 26, 2015 - Ballard Receives Order For Breakthrough Technology Solutions Project With Nisshinbo

EX-99.1 2 ex991.htm NEWS RELEASE DATED MAY 26, 2015

Exhibit 99.1

 

 

 

 

Ballard Power Systems Inc.

News Release

Ballard Power Systems

9000 Glenlyon Parkway

BurnabyBCV5J 5J8

Canada

 

Tel: 604-454-0900

Fax: 604-412-4700

www.ballard.com

 

 

 

Ballard Receives Order For Breakthrough Technology Solutions Project With Nisshinbo

 

For Immediate Release - May 26, 2015

 

Vancouver, Canada - Ballard Power Systems (NASDAQ: BLDP; TSX: BLD) announced that it has received a purchase order from Nisshinbo Holdings Inc. (Nisshinbo; www.nisshinbo.co.jp/english/) for the next phase of Technology Solutions project work related to the development of a breakthrough catalyst technology intended to reduce manufacturing cost of certain proton exchange membrane (PEM) fuel cells. The project has now been underway for approximately 2-years.

 

Nisshinbo is an energy company providing low-carbon, optimized products across a range of business lines, including chemicals, precision instruments, electronics, automotive brakes, textiles and paper. Nisshinbo has supplied Ballard with compression molded bipolar flow field plates for more than 10-years, for use in the manufacture of PEM fuel cell membrane electrode assemblies (MEAs) used in various market applications.

 

In a PEM fuel cell, the MEA is formed by placing a catalyst coated membrane between two flow field plates. When hydrogen gas flows across one side of the MEA and oxygen moves across the other side an electrochemical (non-combustion) reaction occurs, splitting hydrogen into protons and electrons. The electrons are captured as electricity. Combining fuel cells together to form multi-layer stacks increases the amount of electricity that can be produced.

 

The volume of platinum catalyst coating material used in a fuel cell has been successfully reduced over time, so that today it represents approximately 10%-to-15% of total fuel cell cost. The next phase of project work to be conducted jointly by Ballard and Nisshinbo will focus on a new PEM fuel cell catalyst technology that, on implementation, is intended to further reduce the cost of Ballard’s air-cooled fuel cell stacks. These stacks are used in various market applications, such as Telecom Backup Power and Material Handling.

 

Dr. Kevin Colbow, Ballard’s Vice President - Technology Solutions said, “At Ballard we are putting fuel cells to work. For over 30-years Ballard has been at the forefront of innovative developments in breakthrough technologies that make PEM fuel cells higher performing and lower cost. We are pleased to continue our multi-year collaboration with Nisshinbo as we work toward cost reduction of the air-cooled stacks used, for example, to provide backup power systems in wireless telecom networks.”

 

Toshihiro Kijima, Nisshinbo’s Director, Managing Officer added, “We are pleased with progress made in our joint work with Ballard and look forward to completing development of this new commercial technology in the forseeable future. This will position Nisshinbo even more strongly in the marketplace, with a unique capability.”

 

The mandate of Ballard’s Technology Solutions group is to help customers solve difficult technical and business challenges in their PEM fuel cell programs. Ballard delivers this through customized, bundled technology solutions, including world-class, specialized engineering services, access to the Company’s deep intellectual property (IP) portfolio and know-how, as well as the supply of technology components.

 

About Ballard Power Systems

Ballard Power Systems (NASDAQ: BLDP; TSX: BLD) provides clean energy products that reduce customer costs and risks, and helps customers solve difficult technical and business challenges in their fuel cell programs. To learn more about Ballard, please visit www.ballard.com.

 

This release contains forward-looking statements concerning anticipated development results and impacts on our products. These forward-looking statements reflect Ballard’s current expectations as contemplated under section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. Any such forward-looking statements are based on Ballard’s assumptions relating to its financial forecasts and expectations regarding its product development efforts, manufacturing capacity, and market demand.

 

These statements involve risks and uncertainties that may cause Ballard’s actual results to be materially different, including general economic and regulatory changes, detrimental reliance on third parties, successfully achieving our business plans and achieving and sustaining profitability. For a detailed discussion of these and other risk factors that could affect Ballard’s future performance, please refer to Ballard’s most recent Annual Information Form. Readers should not place undue reliance on Ballard’s forward-looking statements and Ballard assumes no obligation to update or release any revisions to these forward looking statements, other than as required under applicable legislation.

 

This press release does not constitute an offer to sell or the solicitation of an offer to buy securities. The Ballard Common Shares have not been registered under the United States Securities Act of 1933, as amended, or the securities laws of any other jurisdiction and may not be offered or sold in the United States absent registration or an applicable exemption from registration requirements.

 

Further Information: Guy McAree +1.604.412.7919, media@ballard.com or investors@ballard.com

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