Mark Verhagen
CEO
Iron Fuel Technology
Iron Fuel Technology provides a circular solid‑state energy carrier—fine iron powder—that burns to deliver up to 2,000 °C heat with zero direct CO₂ emissions. The resulting iron oxide is regenerated back to iron using low‑carbon hydrogen, creating a closed‑loop fuel supply that can be stored, shipped, and integrated into existing boiler systems with plug‑and‑play modules. This enables industrial manufacturers and large‑scale heating facilities to replace fossil‑fuel boilers with a carbon‑free, cost‑competitive heat source.
- Clean Technology
- Energy
Updated 5 months ago
Funding
Raised to date
$11.9MRaised 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.
Funding rounds are not available yet.
Founders
Product
Problem
Industrial processes that require high‑temperature heat rely heavily on fossil fuels, producing large volumes of CO₂ and exposing companies to rising carbon costs and regulatory pressure. Alternative decarbonization routes such as electrification or hydrogen are often impractical because of high capital expense, limited infrastructure, or insufficient energy density for many applications.
Solution
Iron Fuel Technology™ offers a circular, solid‑state energy carrier—fine iron powder—that burns to generate heat up to 2,000 °C with zero direct CO₂ emissions. After combustion the resulting iron oxide is collected and regenerated back to iron powder using low‑carbon hydrogen, creating a closed‑loop system. The iron fuel is stored and transported as a stable solid, enabling plug‑and‑play integration with existing boiler infrastructure and providing a reliable, long‑term fuel supply under contract. This approach delivers high‑temperature, carbon‑free heat while preserving the cost profile and operational flexibility of conventional fossil‑fuel boilers.
Target Audience
Primary customers are industrial manufacturers, refineries, and large‑scale heating facilities that require continuous high‑temperature heat and seek a carbon‑free, cost‑competitive alternative to fossil fuels.
Features
- Solid iron powder fuel that can be stored, shipped, and handled like conventional bulk commodities
- Combustion in existing or retrofitted boilers producing up to 2,000 °C heat with ultra‑low NOₓ emissions
- Closed‑loop regeneration of iron oxide to iron powder using low‑carbon hydrogen, eliminating waste and ensuring endless reuse
- Plug‑and‑play boiler modules that integrate with current industrial heat systems without major plant modifications
- Long‑term fuel supply contracts guaranteeing steady availability and price parity with fossil fuels
- Proven pilot deployments and a patented technology portfolio protecting the core process