Hydro X News
4 articles
growth-positive
Hydro X Pivotal year in 2023
Hydro X, a company focused on reinventing hydrogen storage, has made significant progress in recent months. The company has overcome major scientific challenges, improved its technology KPIs by up to 25 times, and begun the process of productization. Hydro X has also started strategic engagements with leading industrial players in the global hydrogen market, signed its first commercial agreements, and delivered its first proofs of concept and pilot projects. Furthermore, the company has secured a seven-digit investment to prepare for its Series A funding round.
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Hydrogen Tech World August 2023
growth-positive
Hydro X wins the first prize of Germany Startup Contest
Hydro X, a company specializing in hydrogen storage, has won the Start.up! Germany Tour. The companys CEO, Assaf Sayada, has been recognized for his work in North Rhine Westphalia, a key hydrogen hub in Europe. Hydro X has also been engaging with large conglomerates in Japan, which has an ambitious hydrogen strategy backed by $20.86bn in government subsidies. The company has made significant technological breakthroughs, improving their main tech KPIs by 10x and 25x, and has begun productization, achieving a 40x scale-up.
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הסטארט אפ שהופך מימן לסודה קלה להובלה
Jerusalem-based start-up Hydro X is developing a low-cost technology for storing and transporting hydrogen. The technology is based on 30 years of research led by Hebrew Universitys Prof. Yoel Sasson, one of the companys founders. The companys solution involves storing hydrogen in water to create a new substance similar to soda. Hydro Xs technology operates at temperatures of up to 70 degrees and pressures of up to 10 atmospheres. The company, which was founded in 2019, has raised just over $5 million and employs 15 people. It plans to raise significant funding in the next year to implement its growth plan and increase its number of employees.
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