Chart strengthens its hydrogen commitment; invests in and signs commercial agreement with Cryomotive

Chart Industries has entered into a strategic partnership with Cryomotive, through which it will develop the company’s cryogenic storage and refuelling technology to support the hydrogen station and refuelling market.

Sharing the news today (May 19), Chart said it has also completed a minority invest for €6.5m ($7.9m) in the company.

A green-tech mobility start-up based in Germany, Cryomotive is developing a disruptive clean hydrogen storage and refuelling technology platform focused on compressed cold hydrogen and cryogenic high-pressure storage.

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