Chicago-based clean chemistry company Mattiq has joined forces with Heraeus Precious Metals to pioneer innovative electrocatalyst materials for green hydrogen production. This partnership seeks to revolutionize the industry by engineering low-iridium catalysts, reducing the dependency on this rare material in proton exchange membrane (PEM) water electrolyzers. Iridium, a platinum group metal crucial for green hydrogen production, experienced a significant price increase in 2021 due to supply constraints and its essential role in hydrogen fuel applications. Mattiq, a recipient of the U.S. Department of Energy's High-Performance Computing for Energy Innovation Initiative, aims to enhance energy conversion technologies. The collaborative effort between Mattiq and Heraeus Precious Metals focuses on expediting the transition of low-iridium catalysts from development to large-scale implementation, aiming to improve manufacturing efficiency. By leveraging their expertise, the companies aim to create cost-effective solutions that will support the decarbonization of heavy industries and accelerate the adoption of green hydrogen as a sustainable energy source.