Hysata, an Australian manufacturer, has forged partnerships with POSCO Holdings Inc. and POSCO Eco & Challenge to advance the development of high-efficiency electrolysers for green hydrogen production. These collaborations, facilitated through Joint Development Agreements, aim to enhance Hysata's electrolyser technology by focusing on material research and development, engineering, and construction of innovative electrolysers. Through these agreements, both companies will combine their technical knowledge and expertise to accelerate the commercialization of Hysata's next-generation electrolyser technology. The partnership seeks to drive down the cost of hydrogen production by leveraging Hysata's groundbreaking electrolysis cell technology and POSCO Group's extensive experience in materials, system development, engineering, and construction of innovative technologies. With a system efficiency of 41.5 kWh/kg H2, the collaborative efforts are expected to transform the economics of green hydrogen production. POSCO Group emphasizes the significance of innovation and the transition to low-carbon production systems for sustainable growth, highlighting the joint development's potential to advance global green hydrogen initiatives and support the decarbonization of challenging sectors like steelmaking.