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Ballard Power Systems Inc. (Ballard) is engaged in the design, development, manufacture, sale and service of hydrogen fuel cells for a variety of applications. The Company operates through three segments: Power Generation, which includes Fuel cell products and services for materials handling, back- up power and residential cogeneration markets; Automotive, includes Fuel cell products and services for fuel cell cars, vans and buses, and Material Products, which includes Carbon fiber products primarily for automotive transmissions and gas diffusion layers (GDL) for fuel cells.