Advanced Ionics develops electrolyzers that operate in an intermediate temperature range, utilizing existing steam in industrial settings to produce green hydrogen with up to 50% less electricity per kilogram. This technology eliminates the green premium associated with hydrogen production, making it more cost-effective for industries reliant on hydrogen for exothermic reactions.
Funding
$21.1M raised to dateRaised to date based on public sources. This may differ from the amount the company actually raised and is based only on what is publicly available on the internet.
Founders
Product
Problem
Green hydrogen production via electrolysis is currently expensive due to the high electricity consumption required, making it difficult for industries to adopt as a cost-effective alternative. Existing electrolyzer technologies often rely on costly materials and require significant amounts of electricity, hindering the widespread adoption of green hydrogen in heavy industrial applications.
Solution
Advanced Ionics offers a Symbiotic™ water vapor electrolyzer technology that reduces the electricity consumption required for green hydrogen production by up to 50%. Their electrolyzers operate in an intermediate temperature range, leveraging waste heat from existing industrial processes to drive down electricity needs and overall costs. The technology utilizes widely available steels and other simple materials, avoiding the expensive metals or materials commonly found in other electrolyzers. By symbiotically integrating with standard industrial processes, Advanced Ionics enables the production of green hydrogen at a cost of less than $1 per kilogram at scale, making it a viable and economical option for industries seeking to decarbonize.
Target Audience
The primary target audience includes industrial hydrogen producers and users in sectors such as chemical production, oil refining, and steel manufacturing, who are looking to reduce their carbon footprint and achieve sustainability goals without sacrificing profitability.
Features
- Symbiotic™ electrolyzer technology that integrates with existing industrial processes to harness available heat
- Reduced electricity consumption, requiring less than 35 kWh per kilogram of hydrogen produced
- Utilizes widely available steels and other simple materials to minimize capital costs
- Water vapor electrolysis process operating in an intermediate temperature range
- Potential to produce green hydrogen for less than $1 per kilogram at scale
- Early Access Program for technology demonstrations with potential future customers