Cell Impact is one of the fastest growing technology companies in Sweden
KARLSKOGA, Sweden, November 21, 2022 /PRNewswire/ — The need for green technology that can solve the climate crisis has increased sharply. This particularly applies to the demand for hydrogen technology. This has made Cell Impact, a global supplier of a key component for fuel cells, one of the fastest growing companies in Sweden.
Deloitte is behind the Sweden Technology Fast 50. Ever since 2003, the company has ranked Sweden’s 50 fastest growing private and public technology companies. The winner will be notified Thursday, November 24and Cell Impact is one of the 50 Fast Growers.
“Cell Impact has had strong revenue growth in recent years. We manufacture flow plates which are a critical component for fuel cells and electrolysers. Fuel cells provide energy without emissions but water and electrolysers can be powered by renewable energy to create green hydrogen. Hydrogen is estimated to account for 28 percent of the global energy demand in 2050 and is absolutely crucial for the green transformation of the energy system, says Pär Teike, CEO of Cell Impact.
There is strong demand from Cell Impact’s current customers, but there are also a number of policy initiatives, such as the EU’s Green Deal, which continue to drive demand for Cell Impact’s flow plates.
“We are meeting the hydrogen sector’s biggest challenge. We have a unique forming technology that we call Cell Impact Forming™, which is both cost-effective and scalable,” says Pär Teike.
The final publication of the Sweden Technology Fast 50, announcing the order of the rankings, will take place next week and the winner will be revealed on Thursday 24 November.
“It is always exciting to see which companies make it into the Sweden Technology Fast 50. As usual, the trends on this year’s list reflect changes we see in society at large – for example, several medical technology companies are represented and there is a continued focus on sustainability and greentech . We also see more industries than ever represented among this year’s companies, and a range of innovative solutions to help deal with problems we face, both as a society and on a personal level,” says Ester Sundström, partner and head of Deloitte Sweden Technology Fixed 50.
On the occasion of Sweden Technology Fast 50, Cell Impact has produced a short film that describes the background to the company’s rapid increase in turnover. The film is available at investor.cellimpact.com.
For more information please contact:
Pär Teike, CEO
+46 73-024 06 84
[email protected]
About Sweden Technology Fast 50
Sweden Technology Fast 50 draws attention to the 50 fastest growing technology companies in Sweden. The rankings are based on revenue growth over the past four years and include public and private companies in all areas of technology, from software and hardware to life sciences, communications and clean technology. Read more at fast50.se.
About Cell Impact
Cell Impact AB (publ) is a global supplier of advanced flow plates to fuel cell and electrolysis manufacturers. The company has developed and patented a unique method for high-speed forming, Cell Impact Forming™, which is significantly more scalable and cost-effective compared to conventional forming methods. Cell Impact Forming is an environmentally friendly forming technique that consumes no water and very little electricity.
The Cell Impact share is listed on the Nasdaq First North Growth Market and FNCA Sweden AB is the company’s Certified Advisor (CA). Contact information: +46 8-528 00 399 or [email protected].
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SOURCE Cell Impact AB