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Poseidon Marine H2 set to launch capital raise to support the development of a hydrogen-powered vessel by 2023
Poseidon Marine H2 set to launch capital raise to support the development of a hydrogen-powered vessel by 2023

Poseidon Marine H2 set to launch capital raise to support the development of a hydrogen-powered vessel by 2023

With hydrogen causing ripples throughout the maritime industry, Poseidon Marine H2 will launch a capital raise to support the development of a hydrogen-powered marine vessel.

Poseidon H2’s main aim is to facilitate the implementation of renewable hydrogen among shipping companies across the globe.

To achieve this acceleration of hydrogen technologies, a supply chain will be developed by the company, Poseidon H2 will rapidly capitalise on the growing demand for green hydrogen-powered ships.

Being launched on VCEX, the fund will support the development of a hydrogen boat by 2023 – this would make it one of the “first in the world”, the company said.

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