Quantum Fuel Systems develops storage and transport equipment for CNG, renewable natural gas, and hydrogen.
Founded in 2016 and based in Lake Forest, Quantum Fuel Systems develops alternative fuel storage systems and transport trailers for commercial transportation and energy customers. Its products support compressed natural gas, renewable natural gas, and hydrogen. The company was acquired by Douglas Acquisitions LLC in July 2016; Douglas Acquisitions later exited its stake for USD 22 mn. Quantum Fuel Systems reported USD 34.10 mn in revenue and USD -11.24 mn in EBITDA in its most recent fiscal year.
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