# Paul Barrett

> Paul Barrett is the Dublin-born chemical engineer, former IP Group Australia partner and co-founder, CEO and director of Hysata. He helped commercialise University of Wollongong electrolysis research and now leads the Port Kembla company as it moves from validation to manufacturing and commercial supply for industrial green hydrogen.

- **Role:** Co-Founder, Chief Executive Officer & Director at Hysata
- **Organizations:** Hysata, IP Group Australia, University College Dublin
- **From:** Dublin, Ireland
- **Education:** PhD in Chemical Engineering, University College Dublin, Australian Institute of Company Directors
- **Known for:** Co-founded Hysata around electrolysis technology originating at the University of Wollongong., Helped secure seed capital and transition the company into an operating business., Led Hysata through its US$111.3 million Series B round in 2024.

## Career timeline

- **—** — Born and raised in Dublin, Ireland; earned a PhD in Chemical Engineering at University College Dublin.
- **—** — First job with a US chemical separation technology company involved international customer work.
- **—** — Worked as CTO of an electrolyser company before becoming an investment partner at IP Group Australia.
- **2019** — Encountered University of Wollongong capillary-fed electrolysis research while at IP Group Australia.
- **2021** — Helped spin out Hysata and led its seed funding round; served as interim CEO from inception.
- **2022** — Moved full-time to Hysata following the Series A round.
- **2024** — Led Hysata during its US$111.3 million Series B financing.
- **2026** — Hysata announced its first commercial megawatt-scale order, commissioned an electrode production line and launched HysataFab.

## Achievements

- Co-founded Hysata around electrolysis technology originating at the University of Wollongong.
- Helped secure seed capital and transition the company into an operating business.
- Led Hysata through its US$111.3 million Series B round in 2024.
- Named in The Australian’s Green Energy Top 100 in 2024.
- Led Hysata at the announcement of its first binding megawatt-scale commercial order in June 2026.

## Latest updates

- **2026-09** — Hysata announced an engineering collaboration with InterContinental Energy on 24 September.
- **2026-09** — HysataFab launched and the first electrode production line was commissioned on 18 September; Hysata announced an A$49 million ARENA grant supporting manufacturing expansion.
- **2026-06** — Hysata announced its first commercial megawatt-scale deployment, with delivery scheduled for the first half of 2027.

## Links

- Website: https://hysata.com/our-company/
- LinkedIn: https://www.linkedin.com/in/barrettp/

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Profile page: https://yespress.io/paul-barrett
Published by YesPress — https://yespress.io
Last updated: 2026-10-13