Ohmium Stock

www.ohmium.com/Energy / Clean EnergyFounded: 2019

Ohmium, founded in 2019, is the developer of an electrolyzer product built on proton exchange membrane electrolyzer technology intended to create a sustainable way of life. The company's product focuses on the deployment of green hydrogen by splitting water into its core constituents, which are hydrogen ions, electrons, and oxygen, seeking to enable clients to achieve maximum value in their industrial, transportation, and energy projects. Ohmium is headquartered in Incline Village, Nevada.

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Ohmium investors also invested in these private companies

HNVR Technology Investment Management
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Team

Management Team

Arne Ballantine
Co-Founder & Chief Executive Officer
Kirsten Burpee
Co-Founder & Chief Compliance Officer
Arielle Ring
Chief Financial Officer & Treasurer
Dr. Chock Karuppaiah
Chief Technology Officer
Dr. Rasool Aghatehrani
Chief Marketing & Strategy Officer
Archie Flores
Chief Commercial Officer
Ashwin Varma
Chief Operating Officer
Catherine Budzynski
General Counsel
Peak Hong Tan
Chief of Fleet Operations
Denise Lundeen-Petrovich
Chief Accounting Officer

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News Highlights

Desalinated ocean water for green hydrogen production
California-based hydrogen developer, Ohmium, and Netherlands-based desalination company, Aquastill, have partnered to produce green hydrogen fuel from desalinated ocean water. The partnership will leverage waste heat from Ohmium's electrolysis process for Aquastill’s desalination device. The two companies are currently optimizing the integration of their systems which can be scaled from megawatt to gigawatt scale.
American Company Wants to Produce More Clean Hydrogen
Ohmium, a Nevada-based company with offices in California’s Silicon Valley and India, has raised $250 million to boost production of machines that generate clean hydrogen. The funds will be used to improve its Indian factory, continue research in California, and hire more staff. The firm aims to produce enough hydrogen to supply two gigawatts of electricity, potentially powering several steel or fertilizer factories. Currently, less than 1% of the world's hydrogen comes from renewable sources.
Go big or start small: Picking the right scale for green hydrogen
Startups Electric Hydrogen and Ohmium are expanding their production of electrolyzers, a technology used to produce green hydrogen. Electric Hydrogen has announced plans to open a factory in Massachusetts and is focusing on a large-scale integrated electrolyzer facility starting at 100 megawatts. Ohmium, on the other hand, is betting on much smaller electrolyzer units, with its new funding allowing the expansion of its India-based factory to 2 gigawatts of annual production capacity.
Updated on: Apr 15, 2024

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Public news articles listed on this page have been curated by Forge based on several factors including, but not limited to, product updates, changes in organization structure, funding rounds, third-party valuations, and key personnel changes. Changes to this list of articles can be made at any time without notice and should not be relied upon for investment purposes. Forge does not verify the accuracy of the information contained in public news articles.