Hysata is an Australian clean-energy manufacturer commercialising a capillary-fed electrolyser that splits water into hydrogen at around 95% system efficiency, well above conventional electrolysers. Spun out of the University of Wollongong, the company aims to produce green hydrogen at the lowest cost to help decarbonise hard-to-abate sectors such as steel, chemicals and heavy transport, and is scaling toward gigawatt-scale manufacturing at Port Kembla, New South Wales.
Utility Global is a Houston-based clean-energy technology company whose proprietary eXERO platform and H2Gen system produce high-purity hydrogen and a capture-ready CO2 stream from industrial off-gases and biogases - without using external electricity. By bolting onto the existing infrastructure of steel mills, refineries, petrochemical plants and other hard-to-abate sites, the company aims to make industrial decarbonization economically competitive with fossil-based hydrogen rather than dependent on subsidies or pilots.
Mantel is a Cambridge, Massachusetts cleantech company building a molten-salt approach to industrial carbon capture. Spun out of MIT in 2022, its molten borate materials operate inside the high-temperature guts of boilers, kilns and furnaces, absorbing more than 95% of CO2 while recovering high-grade heat that offsets the energy cost of capture. The pitch is blunt: cut the cost of capturing a ton of carbon by more than half and make it work in the dirtiest, hottest corners of heavy industry - cement, steel, pulp and paper, power and refining.