Business Model
It’s the exceptional combination of cutting-edge technology and a flexible business model, that makes Ceres Power a compelling case for investment.
Ceres Power partners with world-leading manufacturers to embed our fuel-flexible SteelCell™ technology in their advanced power products. These partnerships enable us to address the enormous opportunities that the global decarbonisation and decentralisation of the energy system presents. With the common building block of the cutting-edge SteelCell™ embedded in partners’ products, the business is able to scale across multiple applications and in multiple geographies.
This flexible business model has enabled Ceres Power to start to establish itself in major markets like Japan, Korea and the USA and in applications such as combined heat and power for commercial and residential sectors, as well as two of the fastest growing sectors; data centre power and electric vehicle range extension.
The SteelCell™ works within the existing infrastructure of natural gas networks, but can also operate on sustainable fuels like biogas as well as future fuels like Hydrogen, further expanding its potential adoption in multiple markets. By working with world-class companies like Honda, Nissan, Cummins and others, Ceres Power is on a clear commercialisation path that leads to mass-market adoption of the SteelCell™ platform in multiple markets around the globe.