Nel ASA (D7G.F)
Nel ASA operates in the Industrial - Machinery industry of the Industrials sector, headquartered in Oslo, PS, NO. The stock last traded at $0.21, up 2.20% on the session, giving a market capitalisation of $354.0M. Its beta of 1.39 implies it has historically moved more than the broad market.
Nel ASA, a pioneering company established in 1927 and headquartered in Oslo, Norway, delivers comprehensive hydrogen solutions for production, storage, and distribution. Operating across Norway, the United States, Denmark, and South Korea, it sources hydrogen from renewable energy. The company's operations are segmented into two key areas. Its Nel Hydrogen Fueling division develops and supplies H2Station hydrogen fueling solutions, providing fuel cell electric vehicles (FCEVs) – including cars, buses, trucks, and forklifts – with rapid refueling and extensive range, comparable to their fossil fuel counterparts. The Nel Hydrogen Electrolyser segment specializes in the manufacturing and deployment of advanced electrolyzers for hydrogen generation, employing both alkaline and proton exchange membrane (PEM) water electrolysis technologies. This division serves clients in the industrial, energy, and gas sectors. The company, formerly known as DiaGenic ASA, adopted the name Nel ASA in October 2014.
Nel ASA is most often compared with the following Industrials names: