Marking an £11m ($14.9m) investment, the site, comprised of research labs and production facilities, is set to boast 100MW of onsite plant capacity by the end of 2025 and employ more than 100 workers.
Dr. Alex Ivanenko, HyPoint’s founder and CEO, said, “With its massive technical and academic talent pool, a globally recognised ecosystem of hydrogen manufacturers, and strong transport decarbonisation targets, the UK is well-positioned to become a global leader in the hydrogen economy.
“We are thrilled to bring our team and technology to the world-class discovery park science and innovation hub, which is already home to industry giants such as Pfizer. This location will enable us to accelerate the development and delivery of our hydrogen fuel cell technology to aviation and aeronautical companies in the UK and around the world.”
Offering ground-breaking technology for the aviation sector, HyPoint’s breakthrough turbo air-cooled high-temperature hydrogen fuel cell system is the first of its kind to feature an air-cooling and oxygen supply system.
The company’s system offers unprecedented energy performance: at least 2,000 watts per kilogram of specific power and up to 1,500 watt-hours per kilogram of energy density, with plans to increase specific power to 3,000 watts per kilogram by 2024.
Further to this, the lightweight, climate-independent, extended-lifespan system dramatically increases operational time and utilisation rate while decreasing total cost of ownership by as much as 50%.
HyPoint’s move to the UK has already been recognised by the UK Government as a very positive move. Speaking on the mews, Trudy Harrison, Transport Minister, said, “HyPoint is the kind of visionary tech company that we welcome. This Government is developing an ambitious Jet Zero Strategy, and we recognise the role that hydrogen could play in decarbonising the industry.
“This move is a strong vote of confidence in the UK and a major boost for green jobs in the local area.”
Making hydrogen happen
This March, H2 View will explore A Climate for Action and Investment in Europe in an immersive virtual event that features some of the leading stakeholders and influencers in hydrogen, including a Women in Green Hydrogen panel.
Confirmed speakers include the Hydrogen Europe, Clean Hydrogen Partnership, FiveT Hydrogen, Airbus, Nel, BMW, Michelin and more.
Further information on the event, agenda and confirmed speakers can be found here.
To book your ticket for €79, click here.