Most components essential to our business are generally available from multiple
sources. We currently obtain certain components including, but not limited to,
fuel cell stack materials, and other hydrogen components from single or limited
sources. We are, however, evaluating and testing alternate component sources.
We believe there are component suppliers and manufacturing vendors whose loss
to us could have a material adverse effect upon our business and financial condition.
Such vendors include sources of our fuel cell stacks. We are mitigating these
potential risks by introducing alternate system architectures which we expect
will allow us to diversify our supply chain with multiple fuel cell stack and
air supply component vendors. We are also working closely with these vendors
and other key suppliers on coordinated product introduction plans, strategic
inventories, and internal and external manufacturing schedules and levels.
Plug Power Inc's Comment on Supply Chain
Most components essential to our business are generally available from multiple
sources. We currently obtain certain components including, but not limited to,
fuel cell stack materials, and other hydrogen components from single or limited
sources. We are, however, evaluating and testing alternate component sources.
We believe there are component suppliers and manufacturing vendors whose loss
to us could have a material adverse effect upon our business and financial condition.
Such vendors include sources of our fuel cell stacks. We are mitigating these
potential risks by introducing alternate system architectures which we expect
will allow us to diversify our supply chain with multiple fuel cell stack and
air supply component vendors. We are also working closely with these vendors
and other key suppliers on coordinated product introduction plans, strategic
inventories, and internal and external manufacturing schedules and levels.
Sources:
Plug Power Inc's official press releases and regulatory filings; CSIMarket.com's supply-chain research; and the financial filings and press releases of other companies cited in this report.
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