Ayrton Energy Secures $6.8M for Breakthrough Clean Hydrogen Storage System
Key Ideas
  • Ayrton Energy raised $6.8 million in seed funding to scale its proprietary liquid organic hydrogen carrier (LOHC) technology and expand operations in the U.S.
  • The company's low temperature and low pressure LOHC hydrogen storage system offers a cost-effective and safe solution for clean hydrogen delivery, addressing key industry pain points.
  • Clean Energy Ventures and BDC Capital led the funding round, highlighting investor confidence in Ayrton's innovative approach to enabling the widespread adoption of clean hydrogen.
  • Ayrton Energy's technology aims to support greenhouse gas reduction, aid in achieving climate targets, and democratize energy access on a global scale, positioning it as a key player in the clean energy transition.
Ayrton Energy, based in Calgary, Canada, recently secured $6.8 million in seed funding led by Clean Energy Ventures and BDC Capital to advance its breakthrough liquid organic hydrogen carrier (LOHC) technology. Founded by Natasha Kostenuk and Dr. Brandy Kinkead, Ayrton Energy aims to revolutionize clean hydrogen storage and transportation with its proprietary system. The company's innovative LOHC technology addresses major industry challenges by offering a low-cost, scalable solution for delivering clean hydrogen. This funding will support the expansion of Ayrton's team and operations into energy hubs in the U.S., marking a significant step towards commercialization. Ayrton Energy's system enables the storage and transport of hydrogen at room temperature using existing liquid fuel infrastructure, eliminating the need for expensive cryogenic temperatures and high-pressure containers. This approach not only enhances safety but also reduces costs, making clean hydrogen more accessible for various sectors. Investors, including Clean Energy Ventures and BDC Capital, recognize the potential of Ayrton's technology in driving greenhouse gas reduction and supporting climate goals. The company's pilot program with ATCO Gas in Alberta showcases real-world implementation and potential for large-scale hydrogen production. Overall, Ayrton Energy's positive reception in the market, coupled with its focus on sustainability and innovation, positions the company as a key player in accelerating the global transition to clean energy.
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