Published by Todd Bush on April 7, 2022
February 22, 2022 07:30 AM Eastern Standard Time VALENCIA, Calif.--(BUSINESS WIRE)--H2scan, a world leader in hydrogen sensing solutions for the energy, industrial and emerging hydrogen markets, today announced that technology development veteran and former board member David Meyers has joined the company as Chief Operating Officer (COO).
As COO, Meyers will oversee the company's sales, engineering and product development. The company has seen significant recent growth with its new Gen-5 hydrogen sensor products and recently closed a $70 million capital raise to help fund the company's growth. He reports to President and CEO Dennis Reid.
Meyers has deep experience with H2scan through his contributions as a board member for five years and his support to its product development activities while working for Altran, a global engineering services company. He joined the H2scan board in 2017 after leading an investment as Altran's North America Vice President of Corporate Development.
As COO and subsequently the General Manager of Altran's Innovative Product Development business he managed the company's energy, industrial, aerospace and life sciences engineering services business units. H2scan retained Altran to accelerate the development of its application specific integrated circuit (ASIC) that enabled the Gen-5 sensor. His team also supported the development of the company's Automated Sensor Manufacturing (ASM) system to improve production efficiency and capacity to meet future sales growth.
Prior to Altran, Meyers held executive and various business and development roles at startups and large companies in the semiconductor, life sciences, defense and space industries. As COO of a fabless semiconductor company, he ran operations, built its global sales organization and was responsible for technology licensing and strategic partnerships. Also in these roles he developed significant experience in the sensor market by supporting the development of a variety of MEMS sensors and high performance sensors for aerospace applications. Meyers has a Bachelor of Science in Mechanical Engineering from the University of Delaware where he is a distinguished alumnus.
'I've worked with Dave for several years now and his knowledge of H2scan, his experience managing large teams, developing sensor products and building and driving sales make him the right guy to help drive our growth,' said Dennis Reid. 'With our recent financing we're planning to launch dozens of new products based on our Gen-5 technology to fuel our growth. It's going to be an exciting time at H2scan.'
'The energy business is being transformed and H2scan's hydrogen sensors are being used to improve electrical distribution reliability and are ideal to monitor and measure hydrogen concentration in fuel cells, hydrolyzers and the hydrogen distribution pipelines to reduce carbon emissions. I believe H2scan is in a good place to capitalize on the growth in the hydrogen economy, and I am excited about the opportunity,' Meyers said. 'Personally, I am happy to be back in a position to directly build products and see them grow; especially with a technology that helps to decarbonize the world.'
About H2scan Corporation
H2scan was founded in 2002, and has its headquarters, sales, production and marketing staff in Valencia, California. The company's Gen 5 technology provides the most accurate, tolerant and affordable hydrogen sensors for a wide range of industrial leak detection and process gas monitoring markets including control systems, safety monitoring and alarm systems.
H2scan sensors are also used for electrical distribution reliability and are ideal for measuring hydrogen concentration in fuel cells, hydrolyzers and the hydrogen distribution pipelines to reduce carbon emissions.
H2scan's customer base includes some of the largest manufacturing enterprises in the world including ABB, Siemens, GE Energy, Qualitrol, DOD, ExxonMobil, Shell, Chevron, Proctor & Gamble and more.
For more information, please visit http://www.h2scan.com.
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