Upgrading the component that drives energy use
VoltaGen is a coated cathode that replaces an electrode inside an alkaline electrolyzer. It is designed to fit existing stacks, giving hydrogen producers a way to improve performance without replacing the entire system. Newtrace also develops complete electrolyzer stacks and supporting control equipment.
Preparing for commercial supply
The $6.3 million pre-Series A supports pilot manufacturing, customer validation and expansion of engineering and manufacturing capabilities. At the announcement, initial commercial deliveries of VoltaGen were expected within the following 12 months.