Gelion plc (GELN.L)
Gelion plc operates in the Electrical Equipment & Parts industry of the Industrials sector, headquartered in Norwich, NO, GB. The stock last traded at $18.29, down 1.16% on the session, giving a market capitalisation of $32.4M. Its beta of 0.47 implies it has historically moved less than the broad market.
Gelion plc, founded in 2015 and headquartered in Eveleigh, Australia, specializes in the comprehensive process of battery systems. This includes their investigation, conceptualization, engineering, manufacturing, and distribution, serving clients both within the United Kingdom and internationally. The company's prominent offering is its Endure range of zinc-bromide batteries. These energy storage solutions are deployed across a broad spectrum of applications, such as powering industrial light towers, providing storage for renewable energy installations like solar and wind farms, supporting desalination efforts, operating mining pumps, electrifying various modes of transport including passenger vehicles, heavy-duty trucks, electric buses, and trains, and fulfilling requirements for irrigation and other agricultural tasks. Additionally, their products are utilized by commercial and industrial entities, as well as by operators of electricity grids.
Gelion plc is most often compared with the following Industrials names: