HyAxiom Inc.

About HyAxiom Inc.

HyAxiom, a Doosan Company, develops, manufactures, and services hydrogen fuel cells and innovative hydrogen energy solutions for utility, industrial, and commercial customers aiming for cleaner, more reliable, and sustainable energy sources to reduce their carbon footprint. Their mission is to accelerate a carbon-free energy future by providing a full spectrum of reliable and cost-effective hydrogen solutions, creating a clean hydrogen ecosystem with a zero-carbon footprint.

Products & Services

PureCell® Model 400 NG:A scalable system operating on clean natural gas, generating 460 kW of clean electricity and 1.7 million BTU of usable heat, adjustable to 440 kW based on customer needs.

PureCell® Model 400 LPG/NG Dual:Designed for regions without natural gas pipelines or with abundant LPG, operates in dual modes as an emergency power supply, generating up to 460 kW in high power mode.

Proton Exchange Membrane (PEM) Electrolyzers:Generates hydrogen via electrolysis of water molecules, ideal for on-site applications like blending with natural gas or energy storage, especially when powered by renewable sources.

PureCell® Model Tri-Gen System:A modification of the Model 400, co-generating hydrogen, electricity, and heat simultaneously, optimized for electric and hybrid vehicle charging in the commercial vehicle mobility market.

Upcoming Solutions:Solutions currently in development, details available on the website.

Specialties

Hydrogen Fuel Cells Clean Hydrogen Production Stationary Fuel Cell Solutions PEM Electrolyzers Sustainable Energy for Transportation

Funding History

Debug: View Raw Funding Data

#	Type	Amount Fields	Date Fields	Investors
1	RT: Private Placement T: - FT: Private Placement	A: 150000000 MR: - FA: 150 million FAN: 150000000	D: 2023-07-17 FD: 2023-07-17	3 investors

Private Placement Latest

2023-07-17

$150.0M

3 investors (Pro only)

Growth Metrics

+45%

Employee Growth

YoY

3.2x

Funding Growth

Last Round

12

Markets

Operating

10K+

Customers

Active

View 3 more growth metrics with Pro

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Team & Leadership

D

Doo Soon Lee

Chief Executive Officer

S

Sridhar Kanuri

Global Chief Technology Officer

D

David Alonso

Chief Commercial Officer

Recent News

HyAxiom Inc. Announces New Product Launch

2 days ago

Company unveils innovative solution to transform the industry, expanding market reach and capabilities...

Leadership Team Expands with Industry Veteran

1 week ago

New executive brings 20+ years of experience to accelerate growth and strategic initiatives...

Company Recognized as Industry Leader

2 weeks ago

Receives prestigious award for innovation and customer satisfaction in competitive market...

Key Competitors

C1

Competitor Alpha

Series B · $50M raised

C2

Competitor Beta

Series C · $120M raised

C3

Competitor Gamma

Series A · $25M raised

C4

Competitor Delta

Seed · $10M raised