H2 Energy Now

Overview
Hydrogen Economy?

Israel-based H2 Energy Now has developed a technology to convert water into hydrogen using radio waves. The company’s hydrogen generation process begins with inputting fresh or salt water into the system. The water is then screened into droplet formation and treated with radio waves at a frequency that resonates with the H2O bond forcing the vibrations to separate the compound into hydrogen and oxygen. These high pressure gases are then passed through a commercial filter to be stored in containers. The technology is powered by electricity generated from renewable sources but the company claims that its technology has an efficiency level of 89% compared to that of 60% in conventional electrolysis-based methods (which also use electricity).

H2 Energy Now has obtained patents in the EU and the US and filed a PCT application. The company has also built a proof of concept prototype and, as of February 2024, was in the process of commercializing its technology.

Funding and financials

The company last funding round was in June 2020 when it raised an undisclosed amount from Leading Cities.


HQ location:
4/6 Hogla Be'er Sheva ISR
Founded year:
2011
Employees:
1-10
IPO status:
Private
Total funding:
USD 100.0 k
Last Funding:
-
Last valuation:
USD 5.0 mn (Dec 2016)
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