Quantum Fuel Systems

Quantum Fuel Systems

Hydrogen, CNG, RNG storage trailer designer

Overview

Quantum Fuel Systems designs and builds hydrogen, CNG and RNG transport trailers and hydrogen storage solutions. Its products store and transfer gaseous fuels for transportation and fueling infrastructure. Trailers and storage systems are designed to safely hold and transport compressed hydrogen and other gases, with attention to system integrity, safety, and efficiency. The company differentiates itself through decades of experience in gaseous fuel storage and systems solutions, targeting leadership in alternative-fuel storage technology and infrastructure. Its goal is to advance the adoption of alternative fuels by providing reliable, high-capacity storage and transport solutions that enable safe and efficient hydrogen, CNG, and RNG transport and fueling.

About Quantum Fuel Systems

Simplify's Rating
Why Quantum Fuel Systems is rated
B-
Rated B on Competitive Edge
Rated B on Growth Potential
Rated C on Differentiation

Industries

Automotive & Transportation

Hardware

Industrial & Manufacturing

Energy

Company Size

51-200

Company Stage

Post IPO Equity

Headquarters

Lake Forest, Illinois

Founded

2000

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Simplify's Take

What believers are saying

  • Quantum shipped 930-bar hydrogen cylinders with OneH2 in July 2026.
  • VoltaGrid reordered virtual pipeline trailers in 2024, validating repeat infrastructure demand.
  • ACT Expo 2025 showcased Q-Cab 190 and hydrogen trailers to fleet buyers.

What critics are saying

  • Quantum still depends on slow hydrogen and RNG infrastructure adoption for growth.
  • Customer concentration around VoltaGrid and OneH2 exposes revenue to order timing.
  • If OEM fleets reject CNG, the Wixom expansion and Q-Cab 190 capacity sit idle.

What makes Quantum Fuel Systems unique

  • Quantum designs Type 4 cylinders and complete storage systems, not commodity tanks.
  • Its 930-bar OneH2 platform and 2025 Q-Cab 190 span hydrogen and CNG.
  • Wixom's 87-job expansion adds manufacturing capacity near Midwest truck customers.

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Funding

Total Funding

$15.4M

Above

Industry Average

Funded Over

3 Rounds

Post IPO Equity funding comparison data is currently unavailable. We're working to provide this information soon!
Post IPO Equity Funding Comparison
Coming Soon

Benefits

Health Insurance

Dental Insurance

Vision Insurance

Life Insurance

Disability Insurance

Health Savings Account/Flexible Spending Account

Paid Vacation

Paid Sick Leave

Paid Holidays

Parental Leave

401(k) Retirement Plan

401(k) Company Match

Growth & Insights and Company News

Headcount

6 month growth

4%

1 year growth

4%

2 year growth

4%
PR Newswire
Apr 29th, 2025
Quantum Fuel Systems, Oneh2 Collaborate On Cylinder Technology For 930-Bar, High-Pressure Hydrogen Tube Trailer

"Working closely with OneH2, we've helped realize their vision and supported the hydrogen economy by advancing its supply infrastructure." Mark Arold, President of Mobility at Quantum

PR Newswire
Apr 15th, 2025
Quantum Fuel Systems Introduces Next-Generation Cng Back-Of-Cab Fuel Storage System At Act Expo 2025

Quantum Fuel Systems, a vertically-integrated leader in gaseous energy storage systems, is launching its next-generation CNG Back-of-Cab Fuel Storage System—Q-Cab 190—at the 2025 ACT Expo.LAKE FOREST, Calif., April 15, 2025 /PRNewswire-PRWeb/ -- Quantum Fuel Systems (Quantum), a vertically-integrated leader in gaseous energy storage systems, is launching its next-generation CNG Back-of-Cab Fuel Storage System—Q-Cab 190—at the Advanced Clean Transportation (ACT) Expo from April 28 – May 1, 2025. Engineered for heavy-duty trucks, Q-Cab 190 achieves a capacity of 190 DGE (diesel gallon equivalent)."Q-Cab 190 was engineered to meet the evolving demands of the trucking industry and designed to achieve superior capacity, simplicity, safety, and performance," said Mark Arold, president of Mobility at Quantum. "The Q-Cab 190 fits the size and weight envelope fleets require but with additional range and features to improve the customer's total cost of ownership (TCO). The Quantum team is incredibly excited to offer the Q-Cab 190 and continue to support the commercial vehicle industry's alternative fuel goals."The CNG Fuel Storage System is comprised of advanced Type 4 CNG tanks that have been thoroughly tested and validated to meet strict industry standards for quality, safety, and compliance. A lightweight, quick-removal cover system minimizes inspection and service downtime while intuitive integration ensures a seamless experience for both operators and service personnel. Additionally, Q-Cab 190 was built with safety features including visual pressure indicators, area thermal pressure relief devices (TPRDs) for better thermal sensing, and capability for enhanced visual inspection.At the ACT Expo booth (#5201), Quantum will also be displaying its Hydrogen Fuel Storage System—including back-of-cab and fuel-rail solutions—as well as the company's industry-leading Virtual Pipeline Trailers for delivery and storage of CNG, RNG, and hydrogen

PR Newswire
Jul 3rd, 2024
Voltagrid Increases 2024 Order For Quantum Virtual Pipeline Trailers

"Our goal is to provide customers, like VoltaGrid, with solutions that help drive down operational costs and enhance productivity for a cleaner, more sustainable future." Steve Toelke, Senior Vice President and General Manager, Infrastructure at Quantum

Intelligence360 News
Apr 11th, 2024
Quantum Fuel Systems To Spend $22.5 Million To Expand In Wixom Michigan Creating 87 New Jobs.

Quantum Fuel Systems to spend $22.5 Million to expand in Wixom Michigan creating 87 new jobs. Quantum Fuel Systems to spend $22.5 Million to expand in Wixom Michigan creating 87 new jobs.Wixom, Michigan — According to state and local development sources, Quantum Fuel Systems plans to invest $22,500,000.00 to build out square feet of new space in Wixom. The company is creating 87 new jobs at this facility. The company plans to occupy the new space in Wixom, on or about March 1, 2025. According to the company website Quantum Fuel Systems LLC is engineering the future of alternative fuel storage by designing, developing and bringing innovative transport trailers, and industry-leading Type 4 cylinders for hydrogen and CNG to market. Quantum is at the forefront of the industry with decades of experience in gaseous fuel storage and systems solutions

Business Facilities
Mar 18th, 2024
Two Manufacturing Projects To Invest Nearly $35M In Michigan

The Paslin company will expand at its Pontiac, Shelby Township, and Warren facilities, creating 100 new jobs.

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