
Stargate Hydrogen
Stargate Hydrogen delivers turn-key solutions for hydrogen projects throughout the world.
Date | Investors | Amount | Round |
---|---|---|---|
investor | €0.0 | round | |
investor investor | €0.0 | round | |
* | €11.0m Valuation: €210m | Series A | |
Total Funding | 000k |
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Stargate Hydrogen is a forward-thinking company specializing in hydrogen technology solutions. Based in Tallinn, Estonia, the company operates primarily in the green energy sector, focusing on the development and deployment of electrolyzers and fuel cell locomotives. Their primary clients include industries such as refineries, green ammonia producers, green steel manufacturers, and synthetic fuel producers. Additionally, they serve the transportation sector by retrofitting freight locomotives with zero-emission hydrogen powertrains.
The company’s business model revolves around providing tailored, cost-effective, and scalable hydrogen solutions. Stargate Hydrogen generates revenue through the sale of their advanced electrolyzers and fuel cell systems, as well as through service and maintenance contracts. Their electrolyzers use cutting-edge alkaline technology, which is free of precious metals like iridium and ruthenium, making them both cost-effective and scalable. These electrolyzers are designed to produce hydrogen at high pressure, thereby saving energy and reducing costs for their clients.
Stargate Hydrogen is also a member of several key industry associations, including the European Clean Hydrogen Alliance, the Estonian Hydrogen Association, and the Latvian Hydrogen Association. This affiliation underscores their commitment to advancing hydrogen technology and contributing to a sustainable future.
Their innovative approach includes converting existing diesel-electric locomotives into zero-emission hybrid fuel cell battery-powered shunting locomotives. This solution is less capital-intensive and offers a lower total cost of ownership compared to traditional electric locomotives, making it an attractive option for the freight industry.
In summary, Stargate Hydrogen is a dynamic player in the green energy market, offering versatile and reliable hydrogen solutions that help industries and transportation sectors reduce their carbon footprint.
Keywords: hydrogen technology, electrolyzers, fuel cell locomotives, green energy, zero-emission, scalable solutions, cost-effective, industrial applications, sustainable, retrofitting.