Bloom Energy (BE) Investor Presentation summary

Company overview and mission

• Mission is to make clean, reliable energy affordable globally, with a 2023 revenue of $1.3B and a $12B backlog as of May 2024.

• Over 1.2GW deployed across ~1,200 installations worldwide, with a presence in North America, Europe, and Asia.

• Invested over $750M in R&D since 2016, supporting a headcount of 2,300.

Leadership and governance

• Leadership team includes experienced executives in technology, operations, and finance.

• Board features prominent figures from GE, Cisco, IMF, Chevron, McKinsey, and Morgan Stanley.

Technology and product platform

• Solid oxide fuel cells convert various fuels into electricity without combustion, offering high efficiency and flexible voltage/current outputs.

• Platform supports natural gas, hydrogen, biogas, and can provide both AC and DC power, enabling off-grid and microgrid applications.

• Continuous R&D has improved power rating, density, and lifespan, reducing costs and increasing market adoption.