Mattiq, a Chicago-based clean chemistry company, has partnered with global metals company Heraeus Precious Metals to develop and commercialize advanced electrocatalyst materials for green hydrogen production. The collaboration aims to engineer low-iridium catalysts to reduce the reliance on this rare and critical raw material, essential for proton exchange membrane (PEM) water electrolyzer manufacturing. Iridium is crucial for the green energy transition, and existing iridium loading requirements limit the scale of annual deployment for PEM electrolyzers. Mattiq and Heraeus plan to expedite the development of low-iridium catalysts from prototype to industrial-scale solutions by leveraging their expertise in materials science and catalyst development. Their goal is to accelerate the energy transition by lowering the cost of electrolyzer manufacturing, supporting decarbonization efforts in heavy industry. Both companies are excited about the partnership, with CEOs from Mattiq and Heraeus expressing their commitment to advancing innovation in electrocatalysis and catalyzing the energy transition.