Fuel cell maker SFC acquires stake in Singapore-based security tech firm

The 15% stake – which followed a €6.6m ($7.6m) order from Oneberry – positions SFC to deploy its EFOY hydrogen fuel cell power solution in the southeast Asian AI-based security market.

SFC said that the region sees spiking demand for resilient energy solutions in areas including border security, crowd management, amid growing geopolitical tensions, as well as emergency and disaster response

It claims this spurred Oneberry – which operates security services including CCTV, mobile surveillance, and cyber defence – into the mass order for SFC’s fuel cell replacement for diesel generators.

SFC makes both hydrogen and methanol-fuelled fuel cell power systems for industry, consumer, and defence sectors.

Dr Peter Podesser, CEO of SFC, said the stake represents an important step in the firm’s expansion strategy, establishing a foothold in the market of security-related applications.

“The next step is to expand this regionally. The order from Oneberry confirms the demand for reliable, off-grid energy supply to increase security, and supports growth in 2026,” He added.

Alternative energy solutions strengthening energy resilience in security and critical infrastructure applications could garner increased attention as geopolitical and security uncertainties threaten grid disruptions.

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