Commercialising hydrogen storage technology
Hydrexia Pty Ltd is a hydrogen storage systems company commercialising technology based on proprietary magnesium hydrides. The company is based in Brisbane, Australia and was spun-off from The University of Queensland in 2006 and has recently closed its Series A round of funding from Australian and international venture capital investors. Hydrexia has undertaken extensive market sizing and analysis of the current and developing hydrogen storage market. From this analysis, the industrial hydrogen storage market was selected as the first application for development. The presentation would provide background information on Hydrexia but focus on Hydrexia’s view of the development of the hydrogen storage market and how this has shaped the company’s strategy and approach to commercialisation. Topics covered would include: Introduction to Hydrexia; Existing and evolving hydrogen applications and their storage needs; Current and future size of the hydrogen storage market; Hydrexia’s target applications, and Hydrexia’s commercialisation strategy.