Alpha H2 announces early access investment opportunity
Published by Poppy Clements,
Editorial Assistant
Global Hydrogen Review,
The technology produces hydrogen on demand using onboard electrolysis, then directs hydrogen and oxygen directly into the air intake of an internal combustion engine to reduce fuel consumption by 20%, increasing power and reducing exhaust emissions by up to 50%.
Since launching in early October 2023, the company has received significant interest from haulage fleets, buses, miners, and logistics operators across the globe, with potential sales orders of over US$15 million. With proven market demand, Alpha H2 is currently working with several pilot customers to deliver the first installations in Australia.
Overall, US$20 million has been invested into the development of this technology, while Alpha H2’s manufacturing partner has already installed thousands of these units across the world.
After building up a book of customers over the next 18 - 24 months, Alpha H2 will then look to a planned liquidity event, such as a public listing on a favourable exchange.
Read the article online at: https://www.globalhydrogenreview.com/product-news/25102023/alpha-h2-announces-early-access-investment-opportunity/
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