The firm on Wednesday (March 2) received a financial incentive from the North Brevard Economic Development Zone to support the build-out of the campus.
GenH2 purchased the site back in September 2021 and has since already started its $12m investment in the purchase and renovation of the buildings.
Further to that, the company has committed to carrying out a $35m multi-phase renovation a buildout programme.
Rusty DiNicola, Chief Operating Officer of GenH2, said, “Our GenH2 team has deep roots in NASA and the Space Coast and we are thrilled to establish our headquarters here and continue to grow with the community and local residents.
“We are grateful for the support of Brevard County and the North Brevard Development Zone as well as the extensive support of the City of Titusville and the State of Florida, as we continue to grow our team and our leadership in the liquid hydrogen infrastructure industry.”
News of the headquarters follows GenH2’s acquisition of fabrication and manufacturing company Pratt Plastics, announced earlier this month.
GenH2 said the acquisition took place on January 24 and will provide it with the latest technology in high precision, automated computerised numerical control (CNC) equipment and laser cutters, in addition to a proven manufacturing process.
Excited to support GenH2 on its journey, Rita Pritchett, Brevard County District 1 Commissioner, said, “Welcome to the community, GenH2!
“This is an opportunity to facilitate new clean energy technology in North Brevard, and is a great investment which should help with the economic stability of the county.”
You can find GenH2’s campus at 5120 S. Washington Avenue, Titusville, Florida.
North American Hydrogen Summit
H2 View is taking its events platform to America’s original clean hydrogen hub of California. Together with the California Fuel Cell Partnership (CaFCP), we will stage our North American Hydrogen Summit in San Francisco on July 14-15.
As our summit theme Building Bridges: Hydrogen hubs and investment suggests, the event will explore the $8bn of funding announced to create at least four regional hydrogen hubs in the US. These hubs will turbo-charge the nation’s progress toward heavy trucking and industrial sectors that run without producing carbon pollution – and they may just provide the path forward to a hydrogen-fuelled future.
With California and Texas vying to be America’s hydrogen capital today, where are the hubs of tomorrow? Further still, what can other states, and countries, learn from California’s success story? And how can we build bridges to a successful flow of international investment?
Full information about this event including attendance and sponsorship packages can be found here.