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amogy-plans-south-korean-expansion-to-tap-into-maritime-and-hydrogen-growth
© Korea by Bike / Shutterstock
amogy-plans-south-korean-expansion-to-tap-into-maritime-and-hydrogen-growth
© Korea by Bike / Shutterstock

Amogy plans South Korean expansion to tap into maritime and hydrogen growth

Amogy has announced plans to expand into South Korea after securing investment from major companies and regulatory support for hydrogen in the nation.

The ammonia-to-power solutions provider said it would open an office in Pangyo Techno Valley to bring it closer to investors and key maritime and hydrogen supply chains.

Last month the firm raised $56m in venture financing from investors such as Samsung, Hanwha, Seoul IP and others.

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