The federal government of Canada has announced financial support for two Ontario-based companies in the clean tech and packaging sectors. Next Hydrogen Corporation, located in Mississauga, will receive $2 million in repayable financing to scale up the production of its electrolyzer modules, which utilize water and electricity to generate hydrogen as an energy source. The company serves a diverse customer base including Atomic Energy of Canada, Canadian Tire, Hyundai, Kia, and GE Vernova. Another recipient of government funding is Pulp Moulded Products Inc. in Newmarket, which specializes in manufacturing recyclable and compostable molded fibre packaging for various industries. The $1.3 million funding commitment for this company will facilitate the expansion of its operations by adding new pressing and manufacturing lines to meet the increasing demand for sustainable packaging solutions. Next Hydrogen's CEO, Raveel Afzaal, expressed appreciation for the support provided by FedDev Ontario, emphasizing that the funding will help the company achieve significant milestones such as ISO 9001 certification and enhance its process, quality, and supply chain development. Overall, the government funding aims to drive manufacturing readiness and business development activities for the supported companies, contributing to their growth and leadership in their respective industries.