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SFC Energy AG

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SFC Energy AG - Energy & Power showcase

Year Founded & Workforce

2000

280 Employees

Industry

Energy & Power

Services

Oil & GasDefense & SecurityIndustryClean Energy & Mobility
S

SFC Energy AG Employee Contacts

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SFC Energy AG Overview

Company Headquarters: Munich, Germany

Founded: 2000

Workforce: ~280

Company Working: SFC Energy AG designs and manufactures hybrid solutions to the stationary and portable power generation markets. It specializes in the supply of fuel cells and operates through four business segments, namely, oil & gas, defense & security, industry, and clean energy & mobility. The company offers its DMFCs to its clients through the business segments of oil & gas, defense & security, and clean energy & mobility. Off-grid and back-up power supply for security and surveillance applications, onboard power for military vehicles, supervisory control and data acquisition (SCADA) systems, and laser manufacturing equipment are some of the major products it offers its clients.

The company has offices in the four countries of Canada, Germany, Romania, and the Netherlands and production facilities in Canada, Romania, and the Netherlands. Simark Controls (Canada) and PBF Group (Netherlands) are some of its key subsidiaries

Strategy

SFC Energy AG focuses on achieving organic growth by developing DMFCs and increasing its investments in R&D to introduce innovative products in the market. Additionally, it has an extensive distribution network and is continuously working on improving it to reach a larger number of customers. For instance, in 2019, the company signed an agreement with LaTech Equipment (US) to market its products in the western region of the US.

Company Snapshot

$52M

Revenue

280

Employees

2000

Founded

Munich, Germany

Headquarters

SWOT Analysis

Strengths

  • Strong Product Portfolio
  • Increasing annual revenue
  • Extensive Presence in Europe

Weaknesses

  • High Dependence on the oil & Gas Industry

Opportunities

  • Increasing demand from Asia-Pacific

Threats

  • Declining International Demand from German Manufactured Products

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Key Developments

DateApproachDevelopment
July 2019Contracts and AgreementsSFC Energy AG signed an agreement with LaTech Equipment (US) to market its EFOY pro-hybrid fuel cell solutions in Utah, Idaho, Wyoming, Montana, Colorado, and North Dakota. This development is expected to increase its market share in the western region of the US.
July 2019Contracts and AgreementsSFC Energy AG signed a contract with an unnamed metalworking specialist for supplying power supply solutions for an approximate value of USD 1.12 million.
May 2019Contracts and AgreementsSFC Energy AG received a follow-up order for tempered defense cell fuels for an amount of USD 1.6 million from a defense organization in Asia-Pacific. The order included Jenny 600S and Emily 3000 products that have both portable and stationary applications. This development has increased its market share in the region.
March 2019Contracts and AgreementsSFC Energy AG announced that it had received a follow-up order worth USD 1.10 million to supply power supply solutions to an unnamed international security systems company. This development increased its share in the global market.
February 2019Contracts and AgreementsSFC Energy AG completed the delivery of portable fuel cell equipment, Jenny 1200, to an international defense organization, for USD 1.18 million.
January 2019Contracts and AgreementsSFC Energy AG received another follow-up order for the German Army for the supply of additional units of the Jenny 600S and power manager PM3G. This development helped increase its share in the market in Germany.
December 2018Contracts and AgreementsSFC Energy AG received another order from the German Army for the supply of its Emily fuel cells to supply off-grid power supply to military vehicles for USD 1.47 million
July 2018Contracts and AgreementsSFC Energy AG announced that it had received an order from Calzavara S.p.A. (Italy) for the delivery of fuel cell EFOY Pro 12000 Duo. The fuel cell will be used as a backup power source for off-grid telecommunications stations. The development is expected to increase its share in the market in Europe
March 2018Contracts and AgreementsSFC Energy AG received an order to supply turnkey remote power packages to support oil and gas operations for a major oil company in Canada. This development increased its contribution to the oil & gas industry.
January 2018Contracts and AgreementsSFC Energy AG received one of its most significant orders from Deutsche Bundeswehr for an approximate amount of USD 4.25 million. This development gave a substantial boost to its revenue
November 2017Contracts and AgreementsSFC Energy AG received an order for an EFOY Pro fuel cell from a major Canadian company in the energy sector. It powered the company’s control and monitoring systems throughout Canada with its fuel cell
July 2017Contracts and AgreementsSFC Energy AG announced that it had received an order from 3D-P (Australia) to supply EFOY Pro Trailer mining communication trailers and EFOY Pro Cabinets. It delivered 28 trailers for operations to the client, increasing its presence in the country.

Product Offering

  • SFC Energy AG
    • Oil & Gas
    • Defense & Security
    • Industry
    • Clean Energy & Mobility

Financial Performance

Explore key financial metrics, segmented revenue, balance sheet health, and performance trends.

By Business Segment: SBU breakup-0 fell from USD 52 Mn in 2015 to USD 0 Mn in 2018.
SFC Energy AG — By Business Segment
Series (USD Mn)2015201620172018
SBU breakup-052000

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