Smoltek Nanotech Holding AB has introduced a groundbreaking iridium solution through its subsidiary, Smoltek Hydrogen, for the production of green hydrogen. The company's technology for porous transport electrodes (PTE) in PEM electrolyzers has been verified by Dr. Felix Büchi, a renowned expert in the field. Dr. Büchi highlights that Smoltek's solution requires significantly less iridium compared to traditional electrolyzers while delivering the same level of performance. This reduction in iridium usage, up to 95% less, is a significant advancement as it addresses supply constraints and cost challenges faced by electrolyzer manufacturers. Smoltek's unique method involves growing carbon nanofibers directly onto a titanium substrate, followed by the deposition of a thin layer of iridium particles, leading to enhanced catalytic surface area and improved efficiency in iridium utilization. By creating a large surface area on the conductive substrate, the technology ensures maximum electrical contact with iridium, enhancing performance. President Ellinor Ehrnberg underscores the technology's importance in tackling the hydrogen industry's central problem of iridium consumption. The positive evaluation by Dr. Büchi not only validates the effectiveness of Smoltek's technology but also heralds a new era of cost-effective green hydrogen production that can revolutionize the industry.