Nu:ionic, based in Fredericton, Canada, is shaking up the hydrogen production industry with its Nu-X product. By combining natural gas with renewable electricity, Nu-X offers a cleaner and more sustainable method of producing hydrogen, cutting natural gas needs by up to 40%. Referred to as 'teal hydrogen', this innovation sits between blue and green hydrogen, offering a significant reduction in carbon intensity and pollution compared to traditional methods. The company's goal is to transition from a startup to a scaleup, with plans to enter commercial agreements and partnerships in North America and Europe. Nu:ionic's technology not only enables the production of hydrogen but also creates liquid carbon dioxide, which can be sequestered or sold. With scalability and efficiency in mind, Nu-X's compact furnace design allows for the production of up to 20 tonnes of hydrogen per day, catering to large industrial players. The company's focus on minimizing pollution and electrifying industries showcases its commitment to a greener future, aiming to support facilities with a production capacity of up to 100 tonnes of hydrogen per day within the next few years.