Market Focus Protonex specializes in advanced power management and fuel cell solutions targeting military, defense, and remote industrial markets, presenting opportunities to expand into similar sectors requiring portable and reliable power sources.

Product Innovations The launch of rugged, lightweight power solutions and portable fuel cells like the P200i indicates a strong product development pipeline ideal for clients in field operations, UAV/UGV systems, and remote power needs.

Recent Asset Sale The sale of Protonex’s non-core power management business to Revision Military for $16 million suggests a strategic refocus on specialized fuel cell applications, opening avenues to sell more niche, high-tech power solutions.

Growth and Partnerships With a diverse client base and connections to industry leaders like Ballard Power Systems and Upstart Power, Protonex presents a compelling case for partners seeking innovative fuel cell and power management technologies.

Revenue Potential Operating in a market with revenues between one and ten million dollars, Protonex offers sales opportunities for high-margin, technologically advanced power products to defense, industrial, and commercial customers.