Vancouver-based cleantech company Ionomr Innovations has recently inaugurated a new manufacturing plant in Boston, focusing on developing next-generation ion exchange membranes for hydrogen fuel cells, electrolyzers, and various electro-chemical processes. Founded in 2017 after spinning out of Simon Fraser University, Ionomr's membranes have revolutionized the sector by eliminating the need for expensive materials like iridium and platinum traditionally used in such membranes. This breakthrough is expected to drive down the cost of AEM-based electrolyzers significantly, potentially reaching $300,000 per megawatt by 2030. The company, which has secured $27 million in venture capital and secured a place in the Cleantech Group's prestigious 2024 global Cleantech 100 list, sees the new Boston facility as a strategic move to tap into the city's thriving innovation and R&D ecosystem. The 22,000 square feet Hood Park facility will boost Ionomr's manufacturing capacity to produce 750,000 square meters of membrane products annually and will include fuel cell and electrolyzer test stations. By leveraging the engineering talent in Boston and optimizing manufacturing capabilities, Ionomr aims to continue its trajectory of growth and innovation in the cleantech industry.