Hydrogen Innovation towards a Net-Zero Society
Milestones
2017
Research
From 2007 to 2017, scientists at Ontario Tech University had extensive research on the CuCl cycle and successfully demonstrated it in the Clean Energy Research Lab.
2020
We were incorporated in Dec. 2020.
2022
Small scale On-site project
25-100 Kg/day of H2
(2022-2024)
2024
Middle scale On-site project
100-500 Kg/day of H2
2025-2026
2026
Large scale On-site project
> 1T/day of H2
2027-2030
2030
Large scale On-site project
> 10T/day of H2
2030-2035
2035
Stand-alone Green Hydrogen & Oxygen Plants
Commercial offer of large scale heat to hydrogen systems
Commercial offer of small waste heat hydrogen systems
Addressable Market
Heavy Industry TAM
8000+ Plants
X
$200k/Unit/Year
Cement Industry TAM
2000+ Plants
X
$200k/Unit/Year
$1 B
$4 B
Remove 600k ton CO2e/Year
~ 24M trees planted/year
~ 120K cars off road/year
Remove 2.4M ton CO2e/Year
~ 100M trees planted/year
~ 480K cars off road/year
​Reference:
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Gross revenue at $500K/site/year
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One unit can reduce 300+ ton CO2e per year
The total Addressable Market of the cement industry alone is $400M just using $200K per year per site.
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Having 10 sites with just one customer by 2025, it is $2M revenue.
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By 2028, having 2.5% of the market share means $10M revenue.
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By 2030, 2.5% of total addressable market in the heavy industry is 40M.
Long Term Vision
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Commercial Large scale CIG System
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Mature Hydrogen Supply Chain
Commercial Nuclear SMR
