Advanced Ionics, a company headquartered in Milwaukee, Wisconsin, has successfully secured $6.7 million in funding to propel the development of their green hydrogen electrolyzers. The funding round saw support from investors including JERA, Lummus Venture Capital, the Argosy Foundation, Clean Energy Venture Group, and bp Ventures. The primary goal of Advanced Ionics with this financial boost is to accelerate the progress of their water-vapor electrolyzer technology. Additionally, the company plans to expand its manufacturing facilities and strengthen its research and development capabilities. The Symbion™ Electrolyzer Technology developed by Advanced Ionics is designed to help industrial hydrogen producers and users transition towards sustainability by producing low-cost decarbonized hydrogen. One of the key features of this platform is its ability to utilize process and waste heat efficiently. In conjunction with the funding announcement, Ignacio Bincaz has been appointed as the new CEO, leading the company's strategic direction in advancing green hydrogen technology. With a focus on innovation and sustainability, Advanced Ionics aims to play a significant role in driving decarbonization efforts within the hydrogen industry.