Newtrace (Accelerator)

Company Description: Newtrace is developing next-gen, innovative electrolyzers to enable the wide-scale adoption of green Hydrogen at an affordable cost to help fight climate change. For clients transitioning or upscaling into clean energy & decarbonization from sectors such as refineries, ammonia, chemical, mobility, and steel & cement, our electrolyzers provide the ability to unlock expansible applications across numerous use cases. Based on the Alkaline water electrolysis architecture, our entire stack has been re-designed, optimizing it significantly. Using precision fluid engineering, our novel technology (patent pending) simplifies stack construction and eliminates critical components that hinder the widespread accessibility of existing commercial electrolyzers. Our enhanced electrocatalyst contributes to the cost being comparable with Alkaline based systems while displaying the efficiencies comparable with PEM systems. By eliminating rare earth metals and over 70% of core components, the complexity and cost of our stack is heavily reduced. This drastically increases the ease of deployment and subsequent integration with pre-existing infrastructures. By empowering industries with carbon-neutral alternatives, we enable a healthier and more sustainable future for us, and for the earth.