Honeywell Buys Ballard Power's Drones Division

Canadian fuel cell pioneer Ballard Power Systems (NASDAQ: BLDP) is getting out of the drones business. Admittedly, Ballard Power is much better known for building zero emission proton exchange membrane fuel cell systems to power electric forklifts and buses (and cars, trucks, trains, and boats too). But apparently, Ballard also had a business devoted to designing very small fuel cell power systems for unmanned aerial vehicles (UAVs) as well.

Until all of a sudden, it didn't.

Image source: Honeywell.

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Source Fool.com