Industrial gas group SIAD and braking systems specialist Brembo will invest up to €1m each into Hydrospark, a start-up launched by hydrogen technology firm Petroceramics.
Hydrospark has developed a platform that uses ceramic materials to produce solid oxide electrolyser cells (SOECs) with higher energy density and reduced manufacturing costs.
According to the company, these cells produce electricity and heat from hydrogen with high efficiency and zero emissions. They can also convert renewable energy into hydrogen.
“This investment will allow us to validate our technology in an actual production facility, while seizing the opportunity to grow and position ourselves as a leading player in the hydrogen market,” said Fabrizio Gualandris, CEO of Hydrospark.
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