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Universal Hydrogen announces $20.5M in Series A funding to build and test full-scale hardware for hydrogen commercial aircraft

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Universal Hydrogen announced $20.5-million Founded in 2020 by aviation industry veterans Paul Eremenko, John-Paul Clarke, Jason Chua, and Jon Gordon, Universal Hydrogen is stitching together the end-to-end hydrogen value chain for aviation, both for hydrogen fuel and hydrogen-powered airplanes. Universal Hydrogen modular capsule.

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Hysata closes $42.5M AUD Series A to commercialize capillary-fed electrolysis

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Australia-based Hysata, which is commercializing capillary-fed electrolysis technology developed at the University of Wollongong ( earlier post ) has closed its oversubscribed Series A funding round of $42.5 million AUD (US$30 million). Hoang, A.L., Tsekouras, G.

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Si-anode company NEO Battery Materials to partner with Korea Metal Silicon

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Under the terms of the MOU, NEO will closely engage with KMS to collaborate with the intent of pursuing solutions to remove the cost bottleneck associated with nanosilicon powders and to develop manufacturing capabilities to mass-produce low-cost nanosilicon powders at a scalable and commercially viable level for NEO’s proprietary silicon anodes.

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Niron Magnetics raises $21.3M to commercialize rare-earth-free iron-nitride magnets

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Niron Magnetics , a company developing high-performance rare-earth-free iron-nitride (FeN) permanent magnets, has raised $21.3 The Volvo Cars Tech Fund and Volta Energy Technologies join existing investors Anzu Partners and the University of Minnesota. million in new financing. Background.

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Solid-state sodium-ion battery company LiNa Energy closes out £3M late seed funding round

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Solid-state sodium-ion battery company LiNa Energy has closed out a £3-million (US$3.4-million) LiNA will also build a presence in India where LiNa has signed an MoU with Social Alpha to optimise product development for the India market and oversee battery cell testing and future pilot projects. Earlier post.)

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Hyzon Motors to build US’ largest fuel cell MEA line for commercial vehicles in Chicago area

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a supplier of hydrogen fuel cell powered heavy vehicles ( earlier post ), plans to build the largest fuel cell membrane electrode assembly (MEA) production line for commercial vehicles in the United States at its new Hyzon Innovation Center located in Bolingbrook, Illinois, just outside of Chicago. Hyzon Motors Inc.,

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TECO 2030 leading project to build hydrogen-powered high-speed vessel for the Port of Narvik

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Together with eight project partners, it is now seeking public funding to build one of the world’s first hydrogen-powered high-speed vessels. TECO 2030 has signed an agreement with UiT The Arctic University of Norway—which has a campus in Narvik—to cooperate on enhancing research and education in Norway on hydrogen and fuel cells.

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