Found Energy develops aluminum-thermal power systems that extract energy from aluminum, achieving double the energy density of diesel while maintaining a competitive cost. This technology provides carbon-free process heat and on-demand clean hydrogen, addressing the need for decarbonization in heavy industry.
Funding
$14.8M 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.
EIFounders
Product
Problem
Heavy industries require high-temperature process heat and hydrogen, traditionally generated from fossil fuels, contributing significantly to carbon emissions. Existing renewable energy sources often struggle to provide the consistent, high-density energy needed for these applications, hindering decarbonization efforts.
Solution
Found Energy offers aluminum-thermal power systems that extract clean energy from aluminum, providing a carbon-free alternative to fossil fuels for heavy industry. Their technology achieves double the energy density of diesel at a competitive cost, making industrial decarbonization practical. The modular systems can produce on-demand process heat across a wide temperature range and generate industrial-grade clean hydrogen without the need for cryogenic or high-pressure storage. The process also yields alumina trihydrate (ATH), which can be refined into chemical- or smelter-grade alumina.
Target Audience
The primary target audience includes heavy industries such as manufacturing, chemical processing, and metal production seeking to decarbonize their operations and reduce reliance on fossil fuels.
Features
- Aluminum-thermal power systems that convert aluminum into process heat, hydrogen, and alumina trihydrate
- Modular and compact design for flexible deployment in various industrial settings
- On-demand process heat generation across a wide range of temperatures
- Production of industrial-grade clean hydrogen without cryogenic or high-pressure storage
- Alumina trihydrate (ATH) output that can be further refined into chemical- or smelter-grade alumina
- High energy density, achieving double the energy density of diesel
- Safe and stable aluminum fuel with indefinite shelf life and existing global transport infrastructure