Hysata Revenue and Competitors

Our mission is to accelerate the world’s shift away from fossil fuels to green hydrogen by delivering the world’s best electrolyser.\n\nHysata is developing a new type of hydrogen electrolyser. Our technology has the potential to significantly shift the economics of green hydrogen production, bringing $2/kg green hydrogen within reach, and accelerating the global transition to net zero emissions.\n\nElectrolysers use electricity to split water into hydrogen and oxygen, and are the key technology for producing green hydrogen. Green hydrogen is widely acknowledged to be a crucial part of reaching net zero emissions globally, with the potential to meet up to 20% of energy demand in a net zero global economy.\n\nThe Hysata electrolyser is based on breakthrough Australian technology developed by a team from the University of Wollongong’s ARC Centre of Excellence for Electromaterials Science, led by chemical catalysis and characterisation expert Professor Gerry Swiegers. \n\nWe officially launched in June 2021, with $5 million in seed funding led by IP Group, with support from the Clean Energy Finance Corporation (CEFC).