Poseidon Marine H2’s technical partner, Dynamic Efficiency, has commenced testing of hydrogen fuel cells for the revolutionary marine technology that will allow boats to operate more efficiently on hydrogen fuels.
The results from the testing will be invaluable, as it will show Poseidon Marine H2 how they can optimise the performance of the fuel cells they will be using.
This, along with the finite element analysis, a proof of concept, certification and provisional patent they will have secured by end of 3Q22, will provide the company with the leverage needed to form offtake agreements with large boat manufacturers.
The company will also be targeting substantial industrial/public contracts with defense forces, ferry operators, police bodies and other major maritime sectors around the world.
Poseidon Marine H2 says there is already strong market interest for their versatile technology that can run on multiple fuels which will allow customers to operate on current and future refuelling infrastructure.
With limited shares available, you will not want to miss out on investing in a company on track to having a working product by 3Q23, which they will commercialise via a planned public listing in 1Q24.