EvolOH

Overview
News
Hydrogen Economy?
Product stageSegments
Go-to-Market
?
Clean Hydrogen
?

EvolOH is a cleantech company that manufactures electrolyzer stacks for green hydrogen production. The company's Nautilus platform utilizes liquid alkaline technology and is designed using abundant materials like steel, plastic, and aluminum, eliminating the need for precious metals or rare earth materials. EvolOH's electrolyzers feature a compact cell-stacking and high-power density design created for high-speed manufacturing. The company's stacks can be configured into modules of 24 megawatts, making them suitable for large industrial applications. EvolOH's manufacturing process uses roll-to-roll printing, a technique adapted from battery manufacturing, to produce both electrodes and membranes efficiently. The company is building a Manufacturing Center of Excellence in Massachusetts with an annual capacity of 3.75 GW of electrolyzers, with manufacturing scheduled to commence in 2025. A second manufacturing plant, planned to break ground in 2026, will have a capacity of 15 GW per year. EvolOH's manufacturing facility is designed to offer an 80% reduction in capital investment and footprint compared to traditional methods. The company's electrolyzer stacks can achieve power ratings up to five MW for a single stack and 50 MW for a single containerized module.

Key customers and partnerships

In March 2024, EvolOH formed a strategic partnership with 3 million to leverage their expertise in high-volume membrane electrode assembly. The company also collaborates with various power supply companies, pump manufacturers, and heat exchanger providers to source readily available components for their systems.


Sources

Disclaimer: This company profile has been generated using data obtained through automated web searches and advanced generative AI technology. While we strive to ensure the accuracy and reliability of our sources, auto-generated information could be outdated or inaccurate and should be verified independently.
HQ location:
733 Industrial Road San Carlos CA USA
Founded year:
2020
Employees:
1-10
IPO status:
Private
Total funding:
USD 20.2 mn
Last Funding:
USD 20.0 mn (Series A; Mar 2024)
Last valuation:
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