Archives des Actualités d'Atawey

Category: Actualités d'Atawey

11 March 2025

Strong growth in 2024 and a reaffirmed ambition for 2025

With a turnover of €18 million—reflecting an impressive 120% growth compared to the previous year—Atawey, a key player in Europe’s hydrogen mobility sector, reached a major milestone in its development in 2024.

This surge in an expanding market validates the company’s industrialization strategy and European expansion plan. The past year also underscored hydrogen’s growing relevance for intensive mobility:

In Paris, the 2024 Olympic Games led to a doubling of the hydrogen taxi fleet, now totaling 1,000 vehicles (5% of all Parisian taxis).

Across France, 58 hydrogen buses, 7 garbage trucks, 5 heavy-duty trucks, and—marking a first—13 hydrogen coaches hit the road.

In Europe, the hydrogen bus market has now reached industrial scale, with manufacturers moving to mass production, while the hydrogen truck segment is steadily gaining traction.

Further boosting confidence in hydrogen’s industrialization, the European Commission’s decision in February to integrate low-carbon hydrogen into the “Pact for a Clean Industry” sent a strong signal in favor of accelerated market deployment.

Scaling up industrialization: The core of Atawey’s strategy

Amidst a transformative phase for the hydrogen sector, driven by the materialization of numerous mobility projects across France, Atawey significantly strengthened its industrial capacity in 2024. The acquisition of McPhy’s hydrogen refueling station business, alongside key technological advancements—including the standardization of station modules and the introduction of legal metrology certification for hydrogen transactions—position the company at the forefront of the industry’s evolution.

The production of several high-capacity stations (up to 2 tons/day) in 2024—incorporating cutting-edge innovations such as simultaneous refueling of multiple vehicles, optimized energy consumption, modular design for shorter production times and cost efficiency, and tailored filling protocols for LDVs and HDVs—marked a major industrial leap forward. Additionally, the company began retrofitting existing stations to support heavy-duty vehicle refueling.

Atawey’s offering is fully compliant with the AFIR regulation and aligned with the needs of intensive mobility. With numerous stations already set for deployment in 2025—including four in the Zero Emission Valley project (Auvergne-Rhône-Alpes), two in Vallée Sud Grand Paris, one in Occitanie, and one in Italy—the company is reinforcing its market position in both France and Europe.

Looking ahead to 2025, Atawey will continue its industrial expansion with a reliable and competitive production line, optimized quality control systems, and a dedicated test platform, ensuring the market receives highly dependable products within reduced lead times.

« Our goal of achieving profitability in 2025 is built on structured industrialization and continuous technological optimization. By streamlining our production processes and scaling up both station and service activities, we aim to strike a financial balance while maintaining high levels of performance and reliability. Profitability is key to securing our independence and cementing our position among the top three players in the European market. » Jean-Michel Amaré, President and Co-founder of Atawey

2025: Atawey strengthens its European ambitions

In 2025, Atawey—a French leading Green Tech pioneers—will continue enhancing its hydrogen refueling solutions, integrating the most stringent safety standards, and improving infrastructure performance. The company is committed to addressing the growing needs of hydrogen users by leveraging its technology and expertise to provide long-term support to its partners in the clean energy transition and sustainable mobility.

To ensure full compliance with the highest regulatory standards and maintain maximum safety for its infrastructures, Atawey is deploying advanced technologies, strengthening control protocols, and enhancing component reliability. The company also continues its close collaboration with regulatory authorities to shape the future of hydrogen mobility.

Sustained growth fueled by a strong order book

Atawey’s growth is underpinned by a robust backlog of confirmed orders and a strong pipeline of projects currently under negotiation or in the final selection stages. The majority of these projects involve large-capacity stations (above 1 ton/day), spanning both France and broader European markets.

International expansion

In 2024, European hydrogen mobility took significant steps forward, with new vehicle deployments and proactive government policies across multiple countries. This momentum reinforces Atawey’s European expansion strategy.

Following the opening of offices in Spain (2023) and Eindhoven (2024)—covering the Benelux and German markets—the company is accelerating its European footprint. The ongoing installation of its first international station in Italy signals Atawey’s ambition to establish itself as a leading European player in the hydrogen mobility sector.

Actualités d'Atawey

18 December 2024

Driving Widespread Access to Hydrogen Mobility: Atawey Achieves Legal Metrology Certification

As Atawey ramps up its industrial acceleration phase — with the production of four hydrogen refueling stations, each with a capacity of over one ton of hydrogen per day — the company has reached a significant milestone: the certification of its legal metrology system. This industrial innovation allows for precise measurement of the amount of hydrogen dispensed with each refill, ensuring accurate billing for users. This advancement, which complies with European Alternative Fuels Infrastructure Regulations (AFIR) and national standards, paves the way for the democratization of hydrogen refueling stations, making them accessible to all hydrogen vehicle drivers.

Legal Metrology Certification: A Guarantee of Reliability and Transparency for Users

After several months of collaboration with the National Laboratory of Metrology and Testing (LNE), Atawey has officially obtained certification for its ata’METRICS legal metrology system. This high-precision device, capable of measuring the amount of hydrogen dispensed with a resolution of 10 g and an accuracy of 2%, meets French regulatory requirements based on the international OIML R139 recommendation. This technological breakthrough was made possible through collaboration with Cesame Exadébit, a gas flow metrology laboratory equipped with COFRAC-accredited test benches.
The result: Atawey’s hydrogen refueling stations will enable transparent and precise billing for every fill-up, offering a level of accuracy comparable to that of conventional fuel stations.
« Collaborating with expert partners such as LNE and Cesame Exadébit was crucial in achieving this level of excellence and advancing our technological edge. For the sector, this certification demonstrates that hydrogen mobility is a tangible reality. For users, this certification means one simple thing: paying exactly for what they consume, with the same confidence as with a traditional fuel refill, says Guillaume Havard, » Product Manager for R&D at Atawey.

Hydrogen Sector Ramp Up: Atawey is Ready!

With an estimated 89,000 hydrogen-powered vehicles registered worldwide in 20241, Atawey positions itself as a key player and driving force in technological transition. With reliable, high-performance stations that meet international standards and regulatory requirements such as AFIR — now bolstered by this legal metrology certification — the manufacturer is opening the door to the deployment of public hydrogen refueling stations. One notable example is the Arv’Hy project in

France. These stations, designed to meet the needs of intensive mobility (both captive fleets and transit users), will become essential infrastructure for open access to hydrogen mobility.

To support this increased production rate, Atawey launched an ambitious industrialization program earlier this year, aiming to standardize the modules integrated into its stations. This modular, configurable approach is based on the design and production of serially manufactured modules that are then integrated into all its stations.

« The standardization of our stations is a direct response to the sector’s main challenge: rapidly deploying secure, reliable, and high-performance infrastructure. This industrial vision enables us to make hydrogen mobility viable on a large scale, » comments Pierre-Jean Bonnefond, co-founder and CTO of Atawey.

Through this strategy, Atawey’s stations combine flexibility with efficiency. Each module can be configured according to the specific needs of clients while benefiting from the robustness and reliability of a proven system. Among these modules, the legal metrology system is a key component.

Actualités d'Atawey

5 November 2024

Atawey announces the opening of an office in BeNeLux

As the European Hydrogen Week, takes place at Brussels Expo from November 18 to 22, 2024, Atawey—a leading player in hydrogen refueling stations across Europe—is proud to announce the opening of its second European office in Eindhoven, Netherlands. This new international office will enable the French company to cover key Northern European markets.
Following the establishment of its first European office in Madrid, Spain, in 2023 to expand into Southern Europe, and the scheduled installation of a hydrogen refueling station in Italy in June 2025 in collaboration with Techfem1, this latest move further solidifies the company’s ambitious European expansion plans.
With a dominant position in the French domestic market and a production capacity of 80 hydrogen refueling stations per year, Atawey is accelerating its growth by targeting key European markets where hydrogen mobility is gaining momentum.
These two commercial offices will work closely with local partners who are experts in the hydrogen sector. For example, Atawey’s partnership with Technogas2, established in 2023, ensures a high level of service while adapting to local technical standards and regulations.
« The opening of our second office in the Benelux region represents much more than a new location: it’s a strategic milestone to enhance our proximity to clients and partners. By building local partnerships, we offer tailored solutions supported by expert, responsive local teams to ensure maximum customer service quality and equipment availability. This development accelerates our international growth and reinforces our commitment to supporting our clients with enhanced expertise and agility, right at the heart of their markets,» said Geoffroy Ville, Atawey’s International Business Development Manager.

Regulatory and technological constraints: Atawey ensures its refueling stations are adaptable to international markets

To guarantee that its refueling stations meet the specific regulatory and technological requirements of each market, Atawey actively participates in various working groups organized by French and international hydrogen organizations. The company conducts in-depth analyses of local regulations and, if necessary, adapts its stations to specific technical standards with the support of its R&D team, one of the most advanced in the hydrogen sector.
Additionally, every station can undergo real-world testing before deployment at one of the test sites located within the company’s Grenoble manufacturing facility.

« International expansion is at the core of our corporate strategy. All departments now integrate the international dimension into their processes and strategic plans. By embedding this perspective into our corporate culture, we are laying the groundwork for rapid and sustainable growth. We are committed to continuing the export of our expertise and playing a key role in advancing hydrogen mobility across Europe, » explained Geoffroy de Roffignac, Atawey’s Marketing and Sales Director.

[1] The project to install a hydrogen refueling station in Italy, in collaboration with Techfem—a major player in the Italian energy sector—is part of a broader Italian initiative to produce renewable hydrogen to power buses as well as supply the gas grid.

[2] Technogas and Atawey announced a partnership in July 2023 to offer a turnkey solution, particularly in the Benelux region: a product (Atawey’s hydrogen refueling station) paired with a service (maintenance and technical operation provided by Technogas).

Actualités d'Atawey

17 July 2024

Atawey Announces Acquisition of McPhy’s Hydrogen Refueling Station Business, and Becomes the European Leader in Hydrogen Stations

Atawey is pleased to announce the acquisition of McPhy’s hydrogen refueling station business for a fixed amount of 12 million euros. This purchase, following negotiations that began in December 2023, strengthens Atawey’s position on the European market. With a network of 70 stations, Atawey becomes the European leader in hydrogen refueling stations by the number of installations. This acquisition also provides Atawey with a manufacturing capacity over 80 stations per year.

One of the most expert R&D teams in the market

The company integrates McPhy’s expertise and technologies to enhance its know-how and create one of the most expert R&D teams in the market.

As of July 17, more than 40 McPhy employees are joining Atawey, increasing the total number of employees to 145. The goal is to share return of experience, combine skills, and consolidate expertise – each team, particularly R&D, with a 10-year experience in hydrogen refueling station manufacturing and holding a dozen patents and other intellectual property rights.

This enhancement of know-how will serve as a strong growth leverage for the company.

Increased Production Capacity

Atawey acquires a fully operational industrial facility that includes an additional production area of over 2400m² and four testing zones. This will enable Atawey to fulfill more quickly its order backlog (nearly 25 million euros), meet its ambitious growth projections for the coming years, and achieve profitability in the next fiscal year.

This acquisition will allow the sector leader to reach a production capacity of more than 80 hydrogen refueling stations per year.

« This acquisition represents a major opportunity for our growth. On the industrial side, we will benefit from the expertise of experienced production teams, a significant increase in our production capacity, and the acquisition of equipment already used for the manufacturing and testing of hydrogen stations. On the technical and technological side, continuous improvement will be our guiding principle. Through the exchange of knowledge, adoption of best practices from both companies, and over 25 years of combined experience, we will be able to position ourselves among the industry leaders in France and Europe, » said Pierre-Jean Bonnefond, CTO and co-founder of Atawey.

Ongoing International Development

Thanks to this acquisition, Atawey enriches its range of hydrogen refueling stations and associated services to meet all market demands, particularly international ones.

Atawey will benefit from the international experience of McPhy’s teams in promising European markets. This operation comes at an opportune time for the Savoyard company, which has made international expansion one of its strategic growth areas. In mid-June, it announced the signing of its first contract in Italy in collaboration with Techfem. The opening of its third international subsidiary (Italy) is planned by the end of 2024.

« We are delighted with the acquisition of McPhy’s station business. This significant step for the company marks the beginning of mutual enrichment and scaling up to the European level. We aim to capitalize on know-how and expertise to continually improve our decarbonized mobility solutions and thus address global challenges, both economically and technologically as well as environmentally.» said Jean-Michel Amaré, President and co-founder of Atawey.

To satisfy customers and meet their needs, Atawey and McPhy will collaborate on the execution of all ongoing projects and the continuity of services associated with the 40 stations installed before the takeover. McPhy will remain committed to Atawey to ensure the perfect completion of these projects and guarantee their long-term performance.

Legal advisors : Christoffe Joffe &Thomas Saltiel teams (Joffe Avocats)

Financial advisors : Nicolas Sanson & Guillaume Dovillers teams (Société générale)

Actualités d'Atawey

21 June 2024

Atawey expands Internationally with its First Contract in Italy!

Atawey is pleased to announce the installation of its first hydrogen refueling station in Italy, set for mid-2025, in collaboration with Techfem, a major player in the Italian energy sector. This project is part of a broad Italian initiative to produce renewable hydrogen to power buses and to blend in the gas network. This is a significant milestone for the Savoyard company, which aims to be among the top three European hydrogen station manufacturers by 2025. In line with this ambition, the company plans to open its Italian subsidiary by the end of 2024.

An Evolutive Hydrogen Refueling Station at the Heart of a Major Project

It’s official: Atawey’s first station outside French borders will be in Italy! The Savoyard company received an order from Techfem to commission a hydrogen refueling station in Italy by mid-2025. As part of a comprehensive Italian hydrogen project, Techfem, an operator with over 40 years of experience in the Italian energy sector and acting as an EPC (engineering procurement & construction), has enlisted Atawey. The project aims to produce renewable hydrogen on-site using an electrolyzer powered by photovoltaic panels. This hydrogen will fuel buses through a scalable Atawey station and will also be injected into the local gas network.

Atawey is proud to contribute to this significant demonstration project in Italy, bringing its expertise in “compression, storage and distribution of hydrogen for mobility”.

“We are extremely proud to sign our first European contract with Techfem in Italy. This project marks a major milestone in our international deployment strategy and confirms our position as a key player in hydrogen mobility in Europe. We are committed to developing european partnerships, aiming both at creating local value and combining skills to accelerate decarbonized mobility.” said Geoffroy de Roffignac, Atawey’s Commercial & Marketing Director.

A Project Aligned with Atawey’s Ambitious Goals

This order for an evolutive station materializes Atawey’s ambition to be a leading European player in hydrogen mobility. This strategic project adds to the company’s order book, which stands at nearly 25 million euros. Atawey, which views international expansion as a strategic priority, sought to develop rapidly in Italy. This collaboration is seen as a crucial opportunity to strengthen its presence in the high-potential hydrogen mobility market and plans to open its Italian subsidiary by the end of 2024.

Hydrogen is at the heart of Italy’s energy strategy, highlighted by the publication of its PNRR (National Recovery and Resilience Plan) at the end of 2020; a key instrument to support hydrogen investment, particularly in the deployment of “Hydrogen Valleys,” ecosystems combining hydrogen production and consumption.

Italy, which projects 70 AFIR stations (49 in urban nodes and 21 along the TEN-T), also reports several public and private investments. For example, in February 2024, NatPower announced a 100 million euro investment in the construction of at least 100 hydrogen refueling stations over the next six years, with the first installation planned for this summer.

Additionally, in May 2024, Italy, Germany, and Austria signed a cooperation agreement to develop a hydrogen transport network from the southern Mediterranean to northern Europe.

These examples illustrate Italy’s ambitious energy strategy, involving significant investments and international agreements to build extensive hydrogen infrastructure.

Atawey plans to go further. The company already has advanced discussions about other European projects.

“This first installation in Italy is a significant step in our company’s international expansion. This project represents not only a substantial growth opportunity for Atawey but also a tangible commitment to the energy transition in Europe. Our decision to open a subsidiary in Italy is based on our approach to creating local value and contributing to the country’s economy. Italy, with its ambitious hydrogen plan, is an ideal country to demonstrate the efficiency and reliability of our proven solutions. We are determined to continue exporting our expertise and playing a key role in the development of hydrogen mobility across the continent.” declared Jean-Michel Amaré, President and co-founder of Atawey.

“The collaboration with a highly specialized technology provider like Atawey on a groundbreaking project in Italy confirms the pivotal role of Techfem in the green hydrogen sector and its ability to take on the relevant challenges in the mobility sector, by leveraging on its engineering and execution capabilities globally.” declared Federico Ferrini, Managing Director of Techfem.

Actualités d'Atawey

4 June 2024

Atawey is deploying an ambitious CSR strategy!

Atawey, the reference player for hydrogen refueling stations in Europe, is delighted to announce that it has obtained an ESG rating of 52/100, positioning it as one of the most advanced companies in its field of activity and confirming the eligibility and alignment of its activity with European taxonomy.

This news comes at the same time as the completion of a report on the company’s carbon footprint – one year of activity at Atawey corresponds to an equivalent emission of 1.3 ktCO2/year, in other words the annual emission of 130 people in France – which also highlights the areas of development still to be achieved, particularly through implementing internal levers and mobilizing some of our suppliers.

An ESG rating that reinforces the eligibility and alignment of the whole company with European taxonomy

Atawey’s ESG rating, calculated by Gaïa Research (a subsidiary of the EthiFinance group and the benchmark rating agency for extra-financial company ratings), is based on a reference framework of some 140 criteria divided into 4 key areas: Governance, Social, Environmental and External Stakeholders and it demonstrates the company’s solid performance in terms of Corporate Social Responsibility.

This first rating reflects the company’s wish to have its extra-financial performance assessed by an independent third party, with no legal obligation to do so. By anticipating standards that will be mandatory by 2025, Atawey is demonstrating its commitment to sustainability.

With an ESG rating of 52/100, above the average for the sector benchmark (22/100), Atawey ranks well in all the key areas:

Environmental: 40/100 (compared to 12/100 average for the sector benchmark)
Social: 65/100 (compared to 27/100 average for the sector benchmark)
Governance: 41/100 (compared to 27/100 average for the sector benchmark)
External stakeholders: 81/100 (compared to 20/100 average for the sector benchmark)

This initial assessment also confirms the eligibility and alignment of 100% of its activity with European taxonomy, thereby rating it among the companies that are helping to achieve the objectives of the Paris Agreement.

Moreover, the company is in compliance with articles 8 and 9 of the Sustainable Finance Disclosure Regulation (SFDR), the strictest and most demanding regulation governing sustainable investment funds in the European Union.

“CSR issues are at the heart of Atawey’s development strategy and we are continuing to strive to ensure lasting growth whilst meeting the challenges of creating local and sustainable value. This rating represents a real recognition of our efforts to work towards the decarbonization of society, whilst paying attention to the impact of the methods implemented and the consideration we give all of our stakeholders in order to achieve our goal” commented Jean-Michel Amaré, Atawey’s President.

A measurement of the global impact of the company’s activity and the involvement of all its employees and suppliers in rolling out an ambitious CSR strategy

Parallel to this, Atawey announced that it has been awarded a silver medal by Climate Tech Greenly, the leader in digital carbon footprinting and an expert in assessing companies’ climate performance. This recognition reflects Atawey’s commitment to sustainable practices and its considerable efforts to take up the challenge of reducing its carbon footprint.

Atawey is now in the top 25 % of companies assessed in terms of commitment to transparency as regards emissions and efforts to reduce them.

Atawey’s carbon footprint was calculated according to the Bilan Carbone® standards of ADEME (the French Agency for Ecological Transition). It should be noted that, while most companies who have their carbon footprint assessed do so based on scopes 1 and 2*, Atawey opted to include scope 3 also, assessing its indirect emissions occurring upstream or downstream of the company’s value chain.

“Our desire to act in favor of the ecological transition goes right back to Atawey’s creation and constitutes the very essence of our mission: to accelerate decarbonized mobility” said Pierre-Jean Bonnefond, co-founder and managing director of Atawey.

Atawey’s activity over a year corresponds to the equivalent** emission of 1.3 ktCO2/year, i.e. the annual emission of 130 people in France. The production of a single hydrogen refilling station*** results in a significant reduction of 2.26 ktCO2/year equivalent, compared with that of a conventional thermal refueling station.

The report also highlights the efforts that the company still needs to make to reduce its carbon footprint, particularly through implementing internal levers and mobilizing some of its suppliers. To date, 19.7 % of the company’s emissions come from the employees’ internal life (travel, supplies, meals, etc.) while 80.3% are due to the manufacture of the refueling stations (purchase of products, fixed assets, freight).

Joining a small group of companies dedicated to promoting global sustainability objectives, Atawey is determined to continue to innovate and to drive a positive change in its own sector and beyond. So while 95% of the company’s suppliers are currently French, a mobilization of the whole ecosystem is required to identify levers for reduction with each supplier. The company is already taking steps in this direction.

To complete this carbon report, Atawey actively involved all its partners, from gathering information to reporting the results and implementing solutions. In this way, the staff were made aware of the importance of reducing their greenhouse gas emissions and how that could be achieved. A Climate Fresco was also organized as part of an in-house team-building day and employees were able to work as a team on a plan to reduce the company’s emissions. This active involvement of staff strengthens the teams’ mobilization around the major issue of a more sustainable economy in which environmental responsibility plays a growing role.

*Scope 1: direct greenhouse gas emissions generated by the company and its activities.

Scope 2: indirect energy consumption-related emissions that are not produced directly on the company’s site

** Study carried out at the end of 2023, based on 2022’s activity

*** Study carried out on the 3^rd generation of Atawey’s “evolutive” stations

Actualités d'Atawey

25 April 2024

2023 revenues : Atawey exceeded targets

In an intensively developing hydrogen mobility market, Atawey once again reported major business growth in 2023. This dynamic materialized in a 2.6-fold increase in revenue compared to 2022, reaching 8.5 million euros, and an expansion of its portfolio of partners and customers. Atawey pursued sustained growth by winning orders for high-capacity hydrogen refueling stations (in excess of 1T/day) and transforming its business model from an equipment manufacturer to a supplier of solutions for hydrogen mobility. All this while remaining true to its principles of commitment, collaboration with stakeholders, and sustainable performance.

The achievements of 2023 have laid the foundations for an upward trajectory for the Savoy-based company, which aims to become a leader in hydrogen mobility in Europe by 2024, with an installed base of over 75 hydrogen charging stations following the acquisition of McPhy.

This growth occurs against a backdrop of strong dynamism in the European hydrogen mobility market, driven by European and national decarbonization policies and the arrival of new vehicle models and hydrogen refueling stations offers.

2023: very strong sales and business growth

Revenue increased by 165% compared to 2022, reaching 8.5 million euros;
Order backlog exceeded 20 million euros, confirming growth targets;
Sales pipeline amounted to over 100 million euros in potential orders;
Strong growth in operating income;
Expansion of its hydrogen refueling station range, including the launch of new products: the station co-developed with HYVIA (branded as Hywell®) and the high-capacity Evolutives stations (up to 2T/day);
Structuring and expansion of the company’s workforce with the recruitment of 45 employees, bringing the total to 100;
Transformation of its business model to deploy a complete range of hydrogen mobility solutions:
- Investment in the deployment of a network of hydrogen refueling infrastructures, with an initial investment in the “Arv’hy” hydrogen production and distribution project, for which Atawey will supply, operate, and maintain the station;
- Partnership with Hyvia, which provides an as-a-service offer for LCVs and hydrogen refueling solutions;
- Launch of a station operation business with recurring revenues to complement the existing maintenance offering.

Outlook for 2024: Atawey among the leaders in hydrogen mobility

Following strong growth in 2023, the company is maintaining its momentum in 2024, aiming for revenue of €22 million, a further 2.6-fold increase on the previous year. To date, 75% of this target has already been achieved thanks to a significant number of new orders, testifying to the current dynamism of the hydrogen mobility market. Confirmation of this momentum is reflected in the entry into production of these new orders, which will enable the company to continue improving its profitability, and is also reflected in the company’s sales pipeline, which should enable it to achieve the same rate of growth in 2025 and 2026. Finally, the prospect of Atawey – currently in exclusive negotiations to acquire McPhy’s stations business – having installed 75 stations by the end of 2024, will position it as the company with the largest network of installed hydrogen refueling stations in Europe.

These successes confirm the company’s strategy of answering as closely as possible to the needs of infrastructure project developers, where mobility needs – both heavy and intensive – converge, and where the use of hydrogen is most relevant.

“The market for intensive hydrogen mobility is booming, and we have maintained our commercial and technological lead by consolidating our expertise and launching our first high-capacity hydrogen refueling stations. Thanks to our strategic decisions and the commitment of our teams, we are now in a position to offer our customers high-performance, customizable equipment coupled with a range of services precisely tailored to their needs, thus contributing to low-carbon mobility.

For the years 2024 and 2025, we remain resolutely focused on our strategy of integrating the best modular and efficient technologies into our stations. Our partners and customers are delighted with this approach, some of whom have renewed their confidence by placing new orders. Our plan to acquire McPhy’s hydrogen refueling station business, with its industrial facilities and fully operational teams, confirms our ambition to become a leader in hydrogen mobility in Europe,” says Jean-Michel Amaré, co-founder, and Chairman of Atawey.

Sustainable extra-financial performance

In parallel with the growth of its business, Atawey has continued to implement a number of initiatives to promote a sustainable, inclusive, and environmentally-friendly corporate policy.

The company is now “eligible” and “aligned” with articles 8 and 9 of the Sustainable Finance Disclosure Regulation (SFDR), the most demanding and stringent regulation governing sustainable investment funds in the European Union. This compliance of its entire activity, OPEX and CAPEX, represents a significant milestone.

By becoming eligible for sustainable funds, Atawey confirms its commitment to first-rate extra-financial performance, reinforcing its reputation with investors concerned about the environmental, social, and governance impact of the companies in which they invest.

“A commitment to ecological transition has been rooted in the very foundations of Atawey since its inception, shaping the essence of our mission: to accelerate decarbonized mobility. The challenges associated with Corporate Social Responsibility (CSR) are central to Atawey’s development strategy, and we are committed to fostering sustainable growth while meeting the imperatives of creating local and lasting value,” concludes Pierre-Jean Bonnefond, co-founder, and CEO of Atawey.

Actualités d'Atawey

15 December 2023

McPhy enters into exclusive negotiations with Atawey for the sale of its hydrogen refueling station business

McPhy has initiated a process for the sale of its hydrogen refueling station business;
Atawey, who is interested in acquiring the business, has become a key player in hydrogen mobility. This acquisition would enable Atawey to accelerate its development and become a European leader;
The contemplated transaction will enable McPhy to focus on its core business as an electrolyzer manufacturer, especially given the launch of its Gigafactory in Belfort.

McPhy Energy, specialized in low-carbon hydrogen production and distribution equipment (electrolyzers and refueling stations), announces that it has entered into exclusive negotiations with Atawey for the sale of its refueling station business. As a reminder, the supply of stations accounted for 32% of McPhy’s revenues in 2022, with a portfolio of projects signed, commissioned and/or under execution, representing 40 stations.

Successful negotiations shall enable McPhy to allocate its resources primarily to electrolyzer manufacturing, while ensuring further expansion of the stations business by leveraging the capabilities provided by an industry leader. Thanks to a portfolio of 30 installed hydrogen refueling stations and 10 years’ experience, Atawey is indeed one of the leading players in the French market. By bringing together the two station activities, this will accelerate Atawey’s growth and create a European leader.

McPhy and Atawey share common history and values, as key players and pioneers in the French hydrogen mobility sector. Their geographical proximity, successful collaborations on several projects and complementary station offerings should ensure the success of the transaction. The merger would indeed enhance the value of the investments made for the Grenoble site and enable Atawey to support the strong growth of its business by acquiring an additional industrial facility and high-quality technological expertise, as demonstrated by McPhy’s recent commissioning of several stations. Should the sale process come to an end, McPhy intends to remain involved alongside Atawey to ensure the continuity of its station business, in the interests of all stakeholders.

The repositioning of McPhy’s focus on electrolyzer manufacturing has been driven by the need for greater specialization in each of the hydrogen industry’s core business activities, given the strong growth in the market. The size of hydrogen projects, particularly for industry, is expanding rapidly, requiring more resources for the mass production of high capacity electrolyzers. McPhy will now exclusively devote to this task, drawing on its pan-European industrial setup, including its upcoming Gigafactory in Belfort and support functions in Grenoble, France, its engineering site in Wildau, Germany, and its manufacturing facility in San Miniato, Italy.

McPhy will continue the ongoing negotiations with the required confidentiality and will inform the market of its possible outcome, especially should a binding offer be received. During this period, particular attention will be given to the execution of ongoing projects and customer satisfaction. In addition, an information-consultation process with McPhy’s employee representatives will be initiated depending on the progress of the divestiture project. Those representatives have already been informed at this stage of the ongoing process.

Jean-Baptiste Lucas, Chief Executive Officer of McPhy, comments: “We have decided to initiate the process of selling off our station business in order to concentrate on developing our electrolyzer business. By combining equipment manufacturing activities for both the production and distribution of hydrogen, McPhy has benefited from a significant learning curve, making its transition towards industrial scale easier. The possibility of associating our teams with the emergence of a new European leader by selling our station activities to a recognized player, with whom we share fundamental values, is undoubtedly a path to pursue. Concurrently, our Gigafactory dedicated to the new generation of electrolyzers, whose construction is nearing completion, will require the mobilization of all our resources to become a major player in the substantial low-carbon hydrogen market.”

Jean-Michel Amaré, CEO and co-founder of Atawey, adds: “This is a fantastic opportunity to confirm Atawey as a European leader in hydrogen stations. The complementarity nature of our activities and the proximity of our corporate cultures will help us to achieve a transaction that satisfies all our stakeholders, including first and foremost our employees. This would undoubtedly be a major step forward not only for Atawey, but also for the structuring of the French hydrogen mobility ecosystem.”

Next financial event:

Publication of 2023 Annual Revenue, February 5, 2024, after market close

About McPhy

Specialized in hydrogen production and distribution equipment, McPhy is contributing to the global deployment of low-carbon hydrogen as a solution for energy transition. With its complete range of products dedicated to the industrial, mobility and energy sectors, McPhy offers its customers turnkey solutions adapted to their applications in industrial raw material supply, recharging of fuel cell electric vehicles or storage and recovery of electricity surplus based on renewable sources. As designer, manufacturer and integrator of hydrogen equipment since 2008, McPhy has three development, engineering and production centers in Europe (France, Italy, Germany). Its international subsidiaries provide broad commercial coverage for its innovative hydrogen solutions. McPhy is listed on Euronext Paris (compartment B, ISIN code: FR0011742329, MCPHY).

About ATAWEY

Atawey is France’s leading provider of hydrogen mobility refueling solutions, with 40% market share and thirty stations installed since its creation.

Founded in 2012 by Jean-Michel Amaré and Pierre-Jean Bonnefond, Atawey designs, manufactures and distributes hydrogen refueling stations contributing to the deployment of hydrogen mobility in France and Europe. Atawey has developed a complete range of high-performance, modular charging stations (compact station, evolutive station, mobile station). These different solutions are designed to support the ramp-up of hydrogen use in local areas, and offer solutions tailored to all hydrogen project developers, from pilot projects to complete network coverage.

Actualités d'Atawey

5 July 2023

Atawey, the French leader in hydrogen refueling stations, is racking up awards and is rolling out its high-capacity stations

The Savoie-based company, which manufactures, designs and distributes hydrogen refueling stations, is experiencing a wonderful alignment of the planets!

France’s leading manufacturer of hydrogen refueling stations (with more than 40% of the total installed base¹) is delighted to announce that it has been selected as the winner of the first batch of the French Tech 2030 programme, a new national programme run by the General Secretariat for Investment, with the support of Mission French Tech and the expertise of Bpifrance.

This is a sign of recognition for Atawey, which now offers one of the widest ranges of stations on the European market, including high-capacity upgradable stations (up to 1.3 t/d) designed to meet the needs of the growth in intensive mobility.

Selected from among 840 applications, Atawey joins 125 other emerging players in French innovation in a programme combining financial and extra-financial support. Atawey’s major objective is to help emerging French technology leaders to emerge in all the France 2030 vertical areas, so that they can develop and shine on the international stage.

At the same time, Atawey has won two awards: from the industry and at local level

Atawey is also one of the winners of the first France Hydrogène 2023 Awards, which recognise players in the hydrogen industry for their dynamism and value creation.

Atawey received the Innovation Award for its mobile hydrogen refueling station.

Launched in 2022 and designed by the company’s R&D teams, this station represents a major industrial innovation. The station moves to the customer, whatever the need.

To speed up commissioning (less than 4 hours) and avoid the station being unavailable, it incorporates two innovative programmes, also designed in-house : ata’Start and ata’Check.

Atawey has also been selected to take part in the 2023 edition of the “Climate Solutions Accelerator” programme run by the Cannes Lérins conurbation. The aim of this local event is to bring together developers of practical solutions with elected representatives from the area, to help prevent the effects of climate change.

These various awards and programs are recognition of the efforts made by the company, which for over ten years has been working to accelerate hydrogen mobility in France and internationally. The company’s DNA, based on innovation and industrial expertise, means it can meet the expectations of different markets and adapt to the changing needs of hydrogen mobility.

HYmpulsion renews its confidence in Atawey

As good news never comes alone, Atawey is pleased to announce a new order for three high-capacity stations from HYmpulsion, the company responsible for the operational and commercial implementation of the Zero Emission Valley project. These three hydrogen refueling stations, each with a compression capacity of up to 1.3 tonnes of hydrogen per day, will enable the Zero Emission Valley project to continue its development.

This major project, backed by the Auvergne-Rhône-Alpes region, plans to deploy more than 400 hydrogen-powered light vehicles (commercial and passenger vehicles) and more than 115 buses, lorries and coaches by 2024, making it necessary to set up appropriate hydrogen refuelling stations. With an initial distribution capacity of 400 kilograms of hydrogen per day, the stations ordered will eventually be upgradable to 1.3 tonnes per day, enabling Atawey to meet the requirements and needs of the Zero Emission Valley project.

This new order for three stations is the logical continuation of a long-standing partnership, since the first two stations in the Zero Emission Valley project were manufactured and installed by Atawey and are already being operated by HYmpulsion: the first in Chambéry and the second in Moûtiers.

With station availability rates of over 95% and daily monitoring, Atawey is positioning itself as a key player in hydrogen distribution. Like the stations in Chambéry and Moûtiers, these three new stations will incorporate the international MC Formula filling protocol. This extremely complex refuelling protocol saves energy and increases station availability. It also enhances the user experience.

Atawey is the first French manufacturer to incorporate this technological innovation.

The three future stations will be installed by 2024 in Annecy, Valence and Salaise-sur-Sanne, south of Lyon. These strategic locations will make it possible to create hydrogen corridors – in line with European programs to deploy massive hydrogen infrastructures along major traffic routes – between Lyon and Valence and Valence and Annecy. The aim of creating this network is to support the development of a low-carbon mobility sector in the Auvergne-Rhône-Alpes region, while ensuring that heavy goods vehicles can be refuelled on European cross-border routes.

Actualités d'Atawey

5 July 2023

Technogas and Atawey join their expertise to accelerate hydrogen mobility in BeNeLux

At a time when the hydrogen sector is developing throughout Europe thanks to an incentive policy of public investment and the accelerated evolution of the regulatory framework, Technogas, a company that designs, assembles and maintains pressure-reducing and metering stations for the gas network, is pleased to announce the conclusion of a partnership with Atawey, a designer, manufacturer and installer of hydrogen refueling stations. Together, Technogas and Atawey will offer a turnkey solution to facilitate the deployment of hydrogen mobility in BeNeLux. It’s a coherent alliance for the two European companies, who place the reliability of the solutions they offer at the forefront and wish to support businesses in the decarbonisation of their uses.

Modular, complementary stations coupled with a 360° service offering

With this partnership, Technogas and Atawey will offer a turnkey solution: product (the hydrogen refueling station by Atawey) and service (maintenance and technical operation by Technogas), so that companies can benefit from a complete, reliable and sustainable solution. On the one hand, Technogas, a benchmark player recognised for its expertise and the quality of its offerings, which has been working in the industrial and renewable gases sector for more than 50 years, is looking to expand its business portfolio in a field in which it already has a great deal of experience: hydrogen. The company is thus entering a new dimension and becoming a player in low-carbon mobility. Atawey, on the other hand, has been an expert in the design, manufacture and installation of hydrogen refueling stations for over 10 years, and is keen to deploy its technological expertise, network and in-depth knowledge of the sector on an international scale. The Savoie-based company’s range of hydrogen refueling stations includes mobile stations that can be deployed in half a day, and upgradable high-capacity stations (up to 1.3 t/d) for intensive use (logistics, heavy mobility, public transport, etc.). In addition to equipment sales, this partnership offers comprehensive support for associated services. It covers the entire value chain of a hydrogen infrastructure project, from design to maintenance and operation.

A coherent partnership

By signing this partnership agreement, the companies are combining their complementary advantages to meet the challenges of climate change and low-carbon mobility. This is an obvious choice when you realise that we need to move forward collectively if we are to achieve the carbon neutrality targets set by the public authorities. “We are proud to have Atawey as a partner, a company that has been committed from the outset to offering a unique local value proposition and to designing its stations in a more sustainable way,” says Laurent FEMONT, Director of Technogas. “Atawey’s products and values are a natural match for the services offered by Technogas, and it is through this type of virtuous agreement that we will be able to offer complete and coherent solutions to the hydrogen mobility market.” “Today, Technogas ensures the highest quality of service in all the areas in which the company has been able to develop. Our two companies want to support the carbon-free mobility market with proven technology and a customer service that is as close as possible to businesses and local authorities,” says Geoffroy VILLE, International Sales Developer. “We are enthusiastic about this partnership, which is proof that concrete solutions do exist.”