Cipher Neutron Revenue and Competitors

Cipher Neutron is a rapidly growing disruptive technology company focused on AEM Electrolysers for Green Hydrogen production and Reversible Fuel Cells for power generation and Energy Storage Solutions. Cipher Neutron is a global group of scientists, engineers, technology developers, experts in hydrogen technology, investment bankers and people that have worked in hydrogen for decades. Cipher Neutron’s innovative products, such as AEM Electrolysers and Reversible Fuel Cells have unique advantages over other Green Hydrogen production, power generation and energy storage solutions currently available in the global market.\n\nThe Anion Exchange Membrane Electrolysis Technology (“AEM”) developed by Cipher Neutron is the latest technology that produces affordable high-pressure and high-volume Green Hydrogen gas. AEM is considered as the hybrid solution of existing Green Hydrogen production. Cipher Neutron has been working on the AEM electrolysis for the last 3 years and is the world’s second company to commercialize AEM Electrolysers and the first in North America.\n\nTraditional PEM electrolysers, currently the dominant source of Green Hydrogen, use highly expensive and rare earth Platinum Group Metals such as Platinum, Iridium and Ruthenium (“PGMs”). Using such PGMs in PEM electrolysers undoubtedly raises questions regarding supply chain availability as well as the sustainability of Green Hydrogen projects and their much higher costs and ESG qualifications.\n\nMining these PGMs also entails a concerning large negative impact on the environment. Of note, each single 1-Megawatt PEM electrolyser requires 2 kilograms of PGMs which produce more than 100 tons of CO2e during their mining and refining process and will, on average, only last 5 to 7 years.\n\nCipher Neutron’s advanced AEM Technology does not use any PGMs which makes our AEM Technology the most sustainable, affordable and environment friendly electrolyser technology.