Clean hydrogen and chemical production company Monolith Materials has received an investment from Mitsubishi Heavy Industries America to support its hydrogen manufacturing technology.
Through commercial-scale methane pyrolysis, Monolith manufacturers emissions-free, economically sustainable hydrogen, classified as “turquoise hydrogen”. Meeting the industry standard for the cleanest hydrogen available today, the company is thought to be a US leader in the field.
“Successfully scaling Monolith’s technology to serve a global marketplace will benefit from the kind of investment that we have from MHI,” said Rob Hanson, co-founder and CEO of Monolith Materials.
“This relationship will be a model for evaluating future investment opportunities to make emissions-free hydrogen the standard around the world.”
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