Smoltek Nanotech Holding AB's subsidiary, Smoltek Hydrogen AB, has garnered significant attention in the hydrogen industry with its groundbreaking PTE (porous transport electrodes) technology. This innovation has drawn interest from global industrial giants involved in PEM electrolyzers and fuel cells. The technology, protected by patents, offers remarkable advancements in both sectors. For PEM electrolyzers, the PTE technology enables a substantial increase in catalytic surface area by 30 times, potentially reducing iridium usage by up to 95%. This breakthrough not only enhances performance but also allows for the production of fossil-free hydrogen at competitive prices, setting Smoltek apart from other market players. In the realm of fuel cells, Smoltek's nanotechnology addresses critical issues such as internal contact resistance and electrochemical corrosion, contributing to improved performance and extended lifespan. Companies are swiftly evaluating Smoltek Hydrogen's PTE due to the recognition that early adoption will provide a significant edge in the market. Ellinor Ehrnberg, the President of Smoltek Hydrogen, emphasizes the urgency for players in the industry to adapt to this disruptive technology to avoid being left behind, drawing parallels to historical industry shifts faced by companies like Facit and Nokia. Smoltek Hydrogen's strategy includes selling prototypes for evaluation purposes and aims to launch full-scale electrodes by 2026. The company's low-risk scaling model and collaboration with technical partners ensure readiness to meet market demands when the time is right.