Smoltek's disruptive PTE technology is attracting strong interest among major companies in the hydrogen industry
This press release is an English version of the previously published Swedish version, which has interpretive precedence.
Smoltek Nanotech Holding AB (publ) (“Smoltek” or the “Company”) has published an interview with Ellinor Ehrnberg, President of its subsidiary Smoltek Hydrogen AB on the company’s IR blog. The interview highlights how several global industrial companies within PEM electrolyzers and fuel cells are now evaluating the company’s PTE technology, driven by the realization that early adoption provides crucial competitive advantages.
“The interest in our PTE technology has been great, but what is truly remarkable is the speed of the evaluation processes that we are now seeing from several global players. They realize that this is not just an improvement, but a technology that can redefine the playing field for both PEM electrolyzers and fuel cells,” says Ellinor Ehrnberg, President of Smoltek Hydrogen.
Smoltek Hydrogen has developed a patent-protected nanotechnology that enables the fabrication of high-performance porous transport electrodes (PTEs), for electrochemical cells:
- For PEM electrolyzers, this enables a thirty-fold increase in catalytic surface area, potentially reducing iridium usage by up to 95 percent – an innovation that no other player in the market can match. This paves the way for producing fossil-free hydrogen at competitive prices.
- For fuel cells, Smoltek’s technology can reduce internal contact resistance (ICR) and counteract electrochemical corrosion – two key factors for increased performance and improved lifespan.
Several leading global industrial companies are now evaluating Smoltek Hydrogen’s PTE. According to Ellinor Ehrnberg, their normally time-consuming evaluation and development processes are being accelerated by the realization that the first player to integrate the technology will gain significant and likely unassailable competitive advantages. Smoltek Hydrogen is already selling PTE prototypes for evaluation purposes and aims to be able to sell full-scale electrodes in 2026.
– Our disruptive technology presents the industry with a choice similar to that faced by Facit or Nokia; adapt or risk being overtaken. At the same time, we have a well-thought-out, low-risk model for scaling up manufacturing together with technical partners. We invest in line with customer needs and use existing production technology, which minimizes our financial risk and ensures that we can deliver when the market is ready, says Ellinor Ehrnberg.
Read the full interview (“How Smoltek Hydrogen aligns development with customer needs”) with Ellinor Ehrnberg on Smoltek’s IR blog: https://www.smoltek.com/8152.
For further information:
Ellinor Ehrnberg, President Smoltek Hydrogen AB
Email: ellinor.ehrnberg@smoltek.com
Telephone: +46 317 01 03 05
Website: www.smoltek.com/investors
Smoltek develops new products with disruptive performance, based on nanotechnology, which solve advanced material engineering challenges in several industrial sectors. Today, the company operates in two business areas: semiconductors and hydrogen. Smoltek protects its unique carbon nanotechnology through an extensive patent portfolio consisting of more than 110 applied for patents, of which 94 are currently granted. The company's share is listed on the 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 are to be interpreted as forecasts and not commitments.