Published by Todd Bush on March 1, 2024
Funding supports commercialization after recent piloting in Permian Basin
PASADENA, Calif., Feb. 29, 2024 /PRNewswire/ -- Thiozen, the first company ever to produce clean hydrogen from "sour gas" waste streams, today announced that it has received $1.18 million in grants from the U.S. National Science Foundation (NSF) to help the company commercialize its breakthrough technology that replaces traditional hydrogen production methods. Having recently piloted its technology through the de-souring of associated gas in the Permian Basin, Thiozen will use the NSF grants to fund additional projects that advance the commercial readiness of the company's patented chemical process.
>> In Other News: Weyerhaeuser and Lapis Energy Announce Carbon Sequestration Exploration Agreement
The NSF grants are funded through America's Seed Fund, a congressionally mandated effort that is part of the Small Business Innovation Research (SBIR) program.
"Thiozen offers the first-ever technology capable of producing hydrogen from sour gas waste streams, giving the energy industry the low-cost, low-emission hydrogen production method it needs," said Ryan Gillis, President of Thiozen. "We greatly appreciate this funding from NSF, which will help us scale commercialization and perform multiple experimental campaigns demonstrating Thiozen's superior performance against legacy hydrogen production technologies."
Hydrogen is essential to producing fuels and chemicals, but its production is polluting and carbon-intensive, generating approximately 2 percent of all anthropogenic greenhouse gas emissions. Hydrogen demand is dominated by large cost-sensitive commodity chemical manufacturers, who are facing an increased need for hydrogen to raise profits and meet environmental standards.
Rising regulatory and societal pressure is currently limiting the construction of additional carbon-intensive hydrogen production infrastructure, creating further pressure on manufacturers.
"Thiozen's breakthrough technology holds the unique potential to transform the energy industry by helping it meet two over-arching goals: energy security and decarbonization," said Mike Giardello, Partner at Mount Wilson Ventures. "We believe Thiozen's patented chemical cycle will completely replace traditional hydrogen production methods with a new clean tech approach that utilizes 'sour gas' waste streams."
Thiozen's patented chemical cycle produces hydrogen from hydrogen sulfide β the "sour gas" waste stream β thereby replacing traditional hydrogen production. This process will reduce global greenhouse gas emissions by more than 300 million metric tons per year. In addition, the technology will improve air quality and respiratory health in communities near current hydrogen infrastructure while providing cost-sensitive firms a path to both procuring additional hydrogen and lowering the carbon intensity of their products.
Thiozen is an MIT spinout and the first-ever company to commercialize a process that can produce hydrogen from sour gas waste streams. By developing a low-cost, low-emission method of producing hydrogen, Thiozen helps meet the energy industry's growing demand for clean, affordable hydrogen. Thiozen recently validated its technology in an in-field pilot unit in the Permian Basin. The 3-year-old company has headquarters in Pasadena, CA. Learn more at www.thiozen.com.
America's Seed Fund powered by the National Science Foundation (NSF) awards $200 million annually to startups and small businesses, transforming scientific discovery into products and services with commercial and societal impact. Startups working across almost all areas of science and technology can receive up to $2 million in non-dilutive funds to support research and development (R&D), helping de-risk technology for commercial success. America's Seed Fund is congressionally mandated through the Small Business Innovation Research (SBIR) program. The NSF is an independent federal agency with a budget of about $9.5 billion that supports fundamental research and education across all fields of science and engineering. For more information, visit www.seedfund.nsf.gov.
SOURCE Thiozen
Follow the money flow of climate, technology, and energy investments to uncover new opportunities and jobs.
Inside This Issue π XPRIZE Makes History, Awards $100m Prize for Groundbreaking Carbon Removal Solutions USA - English USA π Vaulted Deep Wins $8MΒ in XPRIZE Carbon Removal Competition π§± PHNX Mater...
Inside This Issue π² Living Carbon Announces Agreement with Microsoft for 1.4 Million Tonnes of Carbon Removal from Reforestation of Former Mine Lands in Appalachia π US Energy Expands Carbon Captu...
Inside This Issue 𧬠Occidental's Bold Bet on Carbon Removal: What the Holocene Acquisition Really Means π Project to Suck Carbon Out of Sea Begins in UK π§± NovoMOF Raises $5.4 Million to Scale Up L...
TMEIC integrates next-generation hydrogen and power conversion technologies to help industries worldwide reduce emissions, enhance energy efficiency, and redefine the future of global energy system...
HOUSTON, April 23, 2025 /PRNewswire/ -- HYCO1, Inc. and Malaysia LNG Sdn. Bhd. signed a Memorandum of Understanding (MOU) to collaborate on the potential utilization and conversion of 1 Million Ton...
NEW YORK, April 22, 2025 /PRNewswire/ -- Rebel Fuels Inc., a Delaware Public Benefit Corporation dedicated to transforming waste carbon dioxide (COβ) into carbon-neutral fuels, today announced the ...
Vaulted Deep Wins $8M in XPRIZE Carbon Removal Competition
Company named second runner-up for safe, geologic disposal of organic waste with durable carbon storage HOUSTON, April 23, 2025 /PRNewswire/ -- Vaulted Deep, a waste management company turning exc...
Follow the money flow of climate, technology, and energy investments to uncover new opportunities and jobs.