Smoltek has the technology to make production of green hydrogen profitable and is seeking financially strong partners to scale up manufacturing of its nanomaterial
This press release is an English version of the previously published Swedish version, which has interpretive precedence. Smoltek Nanotech Holding AB (“Smoltek”) has developed a new material that solves the major technical challenge that threatens to halt the fast-growing industry for green hydrogen produced by intermittent energy sources, such as solar and wind power. With the company's nanomaterial, the use of iridium (catalysts) in PEM electrolyzers can be reduced to levels that make large-scale hydrogen production profitable. The company is now seeking financially strong partners to