Bloom Energy Corp. Class A Common Stock

Bloom Energy Corporation (formerly Ion America Corp.) is an American public company that designs and manufactures solid oxide fuel cells (SOFCs) which produce electricity onsite for data centers, manufacturing, and other commercial applications. It was founded in 2001 and is headquartered in San Jose, California, United States. Its SOFCs generate electricity directly from natural gas, biogas, or hydrogen (rather than combusting the fuel in gas turbines coupled with electric generators as is done in standard natural gas plants). Its SOFCs are deployed on-site where energy is consumed. Bloom also developed electrolyzers for hydrogen production, and holds more than 1000 patents globally.

The company raised more than $1 billion in venture capital funding before going public in 2018, and has received significant government incentives that promote clean energy. By 2025, the company had installed about 1.4 gigawatts (GW) of Bloom Energy Server systems at over 1,000 locations across nine countries, and developed low-emission, always-on, near zero-carbon green energy and carbon capture technologies for high-energy consumption industries.