Hy9 Corp Secures $2.3M in Funding
Hy9 Corporation, a manufacturer of metal membrane hydrogen purifiers and reformer products for industrial, specialty gas and energy markets, has secured a $2.3 million round of funding. The funding will enable Hy9 to expand its line of hydrogen purifiers into the ultra-high purity (UHP), high purity and fuel cell markets, and reformers for the portable fuel cell market. Hy9 Corporation manufactures globally-deployed, high-productivity, low-cost membranes and products with leak-tight seals that extract pure hydrogen from gas mixtures much like a filter. Hy9’s membrane-based hydrogen reformers successfully integrate catalysts in a process intensification to create an economic, durable, one-step process for fuel reforming. As a result, Hy9’s products provide enabling solutions for hydrogen purification, generation and recycling. Over the last five years, Hy9 Corporation has manufactured and sold over 600 high-purity hydrogen purifiers with over 3 million cumulative hours of global field use. The recent funding will enable Hy9’s seasoned business and technical teams to broaden its line of hydrogen purifiers into the ultra-high purity (UHP), high purity and fuel cell markets. “With our recent round of financing, Hy9 is well-positioned to leverage our proprietary technologies and global commercial success to provide compelling economic hydrogen purification and reforming solutions for the […]