Air Liquide

Hydrogen Economy

FirstElement Fuel (FEF) develops and builds hydrogen refueling stations. The company is the developer, owner, and operator of the True Zero Hydrogen network in collaboration with the State of California, Honda, and Toyota, reportedly the largest retail hydrogen network in the world.Key customers and partnershipsIn December 2023, FEF was named an authorized Nikola Fueling Solutions Partner, and entered into a ten-year agreement with Nikola Corporation to refuel Nikola’s hydrogen fuel cell electric trucks at its hydrogen refueling station in California. The station is expected to have a fueling capacity of ~200 trucks per day, and will reportedly feature the world’s first H70 fast-fill lane for efficient hydrogen refueling of heavy-duty trucks.In <a href="https://sp-edge.com/updates/18154">May 2023</a>, the company partnered with Quantron US, a subsidiary of Quantron AG, a German developer of electric and hydrogen commercial vehicles, to provide its customers with access to FirstElement Fuel's hydrogen stations.In March 2023, the company entered into a strategic collaboration with Hyundai Motor Company to fuel and test hydrogen refueling of Hyundai’s Class 8 fuel cell electric trucks in California. The two companies planned to launch the world’s largest commercial deployment of hydrogen-powered Class 8 fuel cell trucks in California in 2023. In addition, FEF, in partnership with Taylor-Wharton and Nikkiso, deployed its mobile fueling station with a fueling capacity of 125 kg per hour.In May 2022, FEF partnered with Mitsui &amp; Co. to develop a hydrogen refueling infrastructure in the Nordic countries by building a network of hydrogen refueling stations capable of refueling 100,000 hydrogen-powered vehicles across the region.Funding and financialsThe company’s latest funding was in <a href="https://sp-edge.com/updates/20853">August 2023</a>, when it was awarded a USD 7.7 million grant through the California Energy Commission's Zero-Emission Transportation Manufacturing competitive grant solicitation. The funding was used to expand the annual production of liquid hydrogen pumps at FEF's California manufacturing facility by a factor of 10. Previously, in November 2021, the company raised <a href="https://www.ocbj.com/news/hydrogen-co-firstelement-fuel-gets-105m/">USD 105 million</a> in a Series D funding round. The round was led by Air Water, MUFG, Nikkiso, and Japan Infrastructure Initiate. The funds were used to deploy 31–80 hydrogen stations by 2024 to refuel heavy-duty trucks and light-duty cars.

Clear the air on carbon capture, reuse, and storage

Carbon Capture, Utilization & Storage (CCUS)

44.01 is an Omani carbon sequestration company operating from its UK office. The company plans to mineralize carbon dioxide (CO2) captured from both flue-gas capture and direct air capture (DAC). According to the company, Oman’s geology suits CO2 storage, with the potential to store trillions of tons of CO2.Key customers and partnershipsIn May 2021, 44.01 collaborated with Climeworks to deploy a DAC and storage plant in the Middle East. 44.01 also partnered with Wakud to power the DAC plant through a bio-diesel-based supply line at night and solar power during the day.In April 2022, 44.01 signed a memorandum of understanding (MoU) with <a href="https://sp-edge.com/updates/9802">Mission Zero Technologies</a>, a British DAC startup, to deploy their first DAC and mineralization project known as “Project Hajar.”In 2023, 44.01 partnered with ADNOC (in <a href="https://sp-edge.com/updates/15909">January</a>) to convert CO2 into rock and with Aircapture (In <a href="https://sp-edge.com/updates/22502">September</a>) to deploy a direct air capture (DAC) and mineralization project in Oman.

Redefining hospital care with the comfort of home

Hospital-at-Home

Quanta Dialysis Technologies is a medical technology company focused on developing innovative hemodialysis solutions. The company's flagship product is the Quanta Dialysis System, a compact and portable hemodialysis device designed to provide dialysis care across multiple settings. The system weighs 71 pounds and features an intuitive user interface, making it easier for a broad range of users to operate. The Quanta Dialysis System was FDA-cleared for use in chronic and acute care settings in the US, with capabilities including intermittent hemodialysis, sustained low-efficiency dialysis, and continuous renal replacement therapy. The device supports dialysate flow rates from 50 to 500 mL/min and treatment times up to 24 hours of continuous delivery. In the UK, the system received CE mark approval for both center and home use. Quanta aims to make dialysis more accessible and convenient for patients with end-stage kidney disease. The company submitted a 510(k) premarket notification to the FDA seeking to expand the use of the Quanta Dialysis System to include self-care, in-home hemodialysis in the US.
Key customers and partnerships
The Quanta Dialysis System was commercially available in the UK for both home and hospital use. In the US, the device was FDA-cleared for use in chronic and acute care settings. The company conducted a Home Run study, a prospective, multi-center, open-label trial to assess the efficacy and safety of the Quanta Dialysis System for home hemodialysis. Out of 32 evaluable participants who completed the Home Run study, 93% opted to continue using the Quanta Dialysis System in their homes through an IDE extension. Quanta has been working to expand its presence in the US market, with plans to commercialize the device with new software capabilities.

4.01 is a company that specializes in eliminating CO2 from the atmosphere by mineralizing it in peridotite, a type of rock that naturally absorbs CO2. We eliminate CO2 by turning it into rock, and removing it from the atmosphere safely, efficiently, and permanently.

HysetCo is a pioneering hydrogen mobility start-up that helps its clients shift to zero-emission transportation. It has created an integrated mobility solution to aid in the system-wide transition to hydrogen. In addition to offering easy access to its network of hydrogen distribution stations, it provides customers with a complete turnkey solution that includes all vehicle-related services, from procurement to maintenance, repair, insurance, and training.

H2 MOBILITY is a hydrogen filling station operator that offers consulting, planning, and construction services for hydrogen stations.

FirstElement Fuel provides customers with retail hydrogen fueling for the next generation of vehicles powered by fuel cells.

Sigfox is the world’s leading provider of connectivity for the Internet of Things (IoT). The company has built a global network to connect billions of devices to the Internet while consuming as little energy as possible, as simply as possible.  Sigfox’s unique approach to device-to-cloud communications addresses the three greatest barriers to global IoT adoption: cost, energy consumption, and global scalability. Today, the network is present in 26 countries and on track to cover 60 by 2018 – covering a population of 397 million people. With millions of objects connected and a rapidly growing partner ecosystem, Sigfox empowers companies to create new innovations on the IoT.  Founded in 2010 by Ludovic Le Moan and Christophe Fourtet, the company is headquartered in Labège near Toulouse, France’s “IoT Valley”. Sigfox also has offices in Paris, Madrid, Munich, Boston, San Francisco, Dubai and Singapore.

Inpria Corporation is a pioneer in extending semiconductor lithography with inorganic photoresists and other thin-films for nanoscale patterning. Inpria’s patented photo-condensed molecular oxides offer customers the unique ability to deposit – directly from solution – atomically smooth, intrinsically dense, and directly photopatternable metal oxide films, enabling advanced performance with simplified processing.

Our simple and effective approach ensures the outcome we deliver will fully meet your specific requirements in a cost effective yet scalable manner, which reduces risk. Aligned to Customer Success, we identify the outcome to achieve and deliver it. With over 30 years of Collaboration experience let us help you with a new deployment or optimizing an existing collaboration platform, we can help you get to where you need to be.  We use a five phased approach which involves reviewing and assessing your current operations, identifying improvement opportunities, creating a solution that meets your business' short and long term goals followed by a deployment of the solution in a timely manner, packaged with ongoing support and services customized to your needs and specifications.

Quanta is a medical devices company that develops advanced haemodialysis systems for use in the home and clinic. Quanta is focused on the commercialisation and ongoing development of SC+, an innovative cartridge-based haemodialysis system. SC+ is a high performance, compact haemodialysis system providing clinical efficacy by utilising typical flow rates of traditional in-centre machines. SC+ supports the entire ‘Continuum of Care’ for dialysis patients, from nurse-assisted treatment through self-care in centre to home haemodialysis. Their system facilitates the seamless transition between treatment modalities providing the best tool to enable flexibility for patients, and treatment options for physicians.

Terrajoule provides modular 2MW solar power stations with storage,  dispatching clean energy 24 hours per day. The company was founded in 2009 and is headquartered in Palo Alto, California.

Plug Power is a hydrogen and fuel cell company that provides clean hydrogen and zero-emission fuel cell solutions. Plug Power is building the hydrogen economy as the leading provider of comprehensive hydrogen fuel cell turnkey solutions. The Company’s innovative technology powers electric motors with hydrogen fuel cells amid an ongoing paradigm shift in the power, energy, and transportation industries to address climate change and energy security, while meeting sustainability goals. Plug Power created the first commercially viable market for hydrogen fuel cell technology. As a result, the Company has deployed over 40,000 fuel cell systems for e-mobility, more than anyone else in the world, and has become the largest buyer of liquid hydrogen, having built and operated a hydrogen highway across North America. Plug Power delivers a significant value proposition to end-customers, including meaningful environmental benefits, efficiency gains, fast fueling, and lower operational costs. Plug Power’s vertically-integrated GenKey solution ties together all critical elements to power, fuel, and provide service to customers such as Amazon, BMW, The Southern Company, Carrefour, and Walmart.  The company was founded in 1997 and based in Latham, New York.

Air Liquide supplies industrial gases and services to various industries including medical, chemical and electronic manufacturers. Air Liquide is the result of an idea - industrially produce oxygen from liquid air - and the meeting of two men, Georges Claude and Paul Delorme visionary pragmatic creator. Air Liquide supplies its customers in extremely diverse industries as steel industry, food and beverage, electronics or pharmaceuticals. To meet the requirements of each, the Group is organized around different industries.

<div> Air Liquide (EPA: AI) is a world leader in gases, technologies and services for industry and healthcare. Founded in 1902, the company has its headquarters in Paris, France and operates in over 80 countries with approximately 66,300 employees as of 2022. Air Liquide supplies essential gases such as oxygen, nitrogen and hydrogen to a wide range of industries including chemicals, electronics, healthcare, food &amp; beverage, and metals &amp; fabrication. The company's Gas &amp; Services segment, which accounts for about 95% of revenue, is divided into four main business lines: Large Industries, Industrial Merchant, healthcare, and Electronics. In 2023, Air Liquide reported annual revenue of EUR 27.61 billion, an increase of 3.7% on a comparable basis from the previous year. The company has a strong focus on operational efficiency and sustainability, targeting significant margin improvements and CO2 emissions reductions by 2025 as part of its ADVANCE strategic plan. Air Liquide is investing heavily in future growth areas, particularly in hydrogen energy and decarbonization solutions. The company is developing large-scale hydrogen production projects, including a 200 MW electrolyzer in Normandy, France. It is also expanding its presence in the US hydrogen market through participation in multiple regional hydrogen hub initiatives. As one of the largest industrial gas companies globally, Air Liquide faces competition primarily from Linde plc and Air Products &amp; Chemicals Inc. The industrial gases market is highly consolidated, with these three companies accounting for over 75% of the global market share. Air Liquide maintains a strong focus on innovation and R&amp;D to develop new gas applications and production technologies. The company is actively working on solutions to help decarbonize industry, including carbon capture technologies and the use of renewable energy in gas production. </div>

Air Liquide Receives EU Support to Develop the First Large-Scale Project for the Production, Liquefaction, and Distribution of Low Carbon and Renewable Hydrogen From Ammonia

Air Liquide ALIAD

Startups producing low-carbon hydrogen using fossil fuels (i.e. blue and turquoise hydrogen) and related technologies or materials.

Startups producing 100% clean hydrogen using water electrolysis (i.e. green hydrogen) or any other sustainable method as well as related technologies and materials.

Startups offering next-generation hydrogen distribution solutions such as solid and liquid-state hydrogen storage and alternative compression technologies for gaseous-state hydrogen storage. Also includes hydrogen fueling stations for mobility applications.

Startups developing hydrogen-powered vehicles and vehicle technologies including passenger, heavy-duty, and aerial vehicles.

Startups producing fuel cell systems for electricity generation using hydrogen and related technologies or materials.

INCUMBENTS_PRESENT

PROMINENT_CATEGORY

<div>
 TotalEnergies, a French energy company, is working with Air Liquide, a provider of industrial gases, to manufacture renewable hydrogen at the La Mède biorefinery in France. This partnership forms part of TotalEnergies' 2030 decarbonization targets.
 Air Liquide plans to construct and manage a renewable hydrogen production facility valued at around USD 156.2 million at La Mède. The plant, which will have a yearly capacity of 25,000 tons, will repurpose by-products from TotalEnergies' biorefinery to generate hydrogen for biodiesel and eco-friendly aviation fuel production.
 The project, which is set to commence operations in 2028, will reduce the biorefinery's yearly CO2 emissions by 130,000 tons.
 
</div>

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