Connecticut Startup Partners with Japanese Electronics Giant for Pure Hydrogen Fuel Cell Development
Key Ideas
- Nimbus Power Systems partners with Toshiba Energy Systems for pure hydrogen fuel cell stack development for heavy-duty vehicles and stationary uses.
- The partnership aims to scale production in Connecticut and Japan, with a focus on accelerating commercialization.
- Nimbus plans to increase its workforce and raise $2.5 million to advance its technology, supported by a recent pre-seed fundraising round led by Connecticut Innovations.
Nimbus Power Systems, a Groton-based startup, has announced a significant partnership with Toshiba Energy Systems & Solutions Corp. to develop a 'pure hydrogen fuel cell stack' for heavy-duty applications. This fuel cell stack aims to power buses, trucks, and stationary systems while producing only water vapor as a byproduct, positioning it as an emissions-free alternative to traditional diesel engines. The 3.5-year joint development agreement between Nimbus and Toshiba will enable the companies to expand production in both Connecticut and Japan. Nimbus co-founder Michael Gorman expressed enthusiasm about collaborating with Toshiba, a renowned player in fuel cell technology. This partnership is expected to hasten the commercialization of the technology. As part of the agreement, Nimbus plans to grow its workforce while also raising $2.5 million for further research and development. The recent successful pre-seed fundraising round led by Connecticut Innovations indicates strong support for Nimbus's innovative approach to fuel cell technology. Toshiba Energy Systems & Solutions Corp., a subsidiary of the Japanese technology giant Toshiba Corp., brings substantial expertise to the partnership, enhancing the prospects for the successful development and deployment of the pure hydrogen fuel cell stack.
Topics
Fuel Cells
Fuel Cell Technology
Partnership
Technology Development
Startup
Workforce Expansion
Fundraising
Emissions-free
Stationary Market
Latest News