Smoltek inaugurates inhouse hydrogen laboratory

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This press release is an English version of the previously published Swedish version, which has interpretive precedence.

Smoltek Nanotech Holding AB (“Smoltek”) announces that the group company Smoltek Hydrogen has inaugurated the new inhouse hydrogen laboratory. In these facilities equipped with advanced instruments and tools the R&D team can carry out performance measurement and long-term tests of electrolyzer cells and will also be able to manufacture test cells.

During the spring, the group company Smoltek Hydrogen built its own hydrogen laboratory, in connection with Smoltek's new headquarters in central Gothenburg. H2LAB, as it is called, has advanced equipment for performance measurement and long-term tests of electrolyzer cells, and also enables in-house production of test cells. This will accelerate the development of the company’s disruptive cell material, at the same time as the evaluation of different concepts for volume production is enabled.

Today, May 26, was the official opening of H2LAB. Ellinor Ehrnberg, President of Smoltek's hydrogen business area, gave a speech and Smoltek's new chairman of the board, Per Zellman, ceremoniously cut the ribbon and declared the company's new laboratory open.

“Here we can try-out cells with a minimal amount of iridium. Using as little iridium as possible in a PEM electrolyzer is absolutely crucial in order to be able to produce the large amount of green hydrogen that a fossil-free future needs”, says Ellinor Ehrnberg, President of Smoltek Hydrogen.

She continues: “In an external laboratory, we have already been able to show that we reach the right performance with 0.5 mg iridium/cm2. And hopefully we will be able to show that our technology only needs to use 0.1 mg iridium/cm2. Compare that with the goal set by the electrolyzer manufacturers, which is 0.8 mg iridium/cm2 in 2030. With our technology, around 5 tons of iridium could be saved annually ­­– which is a rare metal that is forecast to cost around SEK 8 million/kg in 2030.”

For further information:   
Ellinor Ehrnberg, President Smoltek Hydrogen AB  
Email: ellinor.ehrnberg@smoltek.com 
Telephone: +46 760 52 00 53  
Website: www.smoltek.com/investors  

Smoltek develops process technology and concepts to solve advanced materials engineering problems in several industrial sectors. The company protects its unique carbon nanotechnology through an extensive patent portfolio, consisting of around 100 applied for patents, of which 78 have been granted. Smoltek's share is listed on Spotlight Stock Market under the short name SMOL. Smoltek is a development company and forward-looking statements regarding time to market, production volume and price levels should be interpreted as forecasts and not commitments.

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