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Ohmium

Ohmium International, Inc. Market Research Report



Company Overview



Name


Ohmium International, Inc.

Mission


To create innovative products and solutions which enable a sustainable way of life.

Founding Information


No information is available.

Key People


  • Arne Ballantine - CEO and Co-Founder

  • Kirsten Burpee - Chief Compliance Officer and Co-Founder

  • Dr. Chock Karuppaiah - Chief Technology Officer

  • Enakshi Singh - CFO & Treasurer

  • Dr. Rasool Aghatehrani - Chief Marketing & Strategy Officer

  • Ashwin Varma - Chief Operating Officer

  • Catherine Budzynski - Chief Legal Officer

  • Denise Lundeen-Petrovich - Chief Accounting Officer

  • Christos Mimikopoulos - Sr VP of Services

  • Jason Hixson - Sr. VP of Engineering

  • Cynthia Wang - Head of Sales & Business Development, Americas

  • Shaji John - Head of Sales & Business Development, South Asia, Middle East & Africa

  • Igor Nus - Vice President, Sales and BD, Europe

  • Melchor Gamarro Guijarro - General Manager, Spain


Headquarters


No information is available.

Number of Employees


No information is available.

Revenue


No information is available.

Known For


Ohmium is known for their Proton Exchange Membrane (PEM) electrolyzers which are involved in the production of green Hydrogen, a sustainable resource.

Products



LotusTM PEM Electrolyzer


Overview


Ohmium specializes in designing and commissioning reliable, cost-effective green hydrogen electrolyzers that improve business operational efficiency, sustainability, and economics.

Key Features


  • Flexible: Easily scalable from megawatts to gigawatts with an interlocking modular system design.

  • Reliable: Proven PEM-based technology for safe hydrogen production.

  • Sustainable: Powered by clean, renewable energy for zero-emissions.

  • Cost-effective: Streamlined supply chain, efficient installation, and optimized production for maximized ROI.


High-level Description and Key Features



Modular and Scalable Design


  • Interlocking Units: Can be stacked to meet hydrogen needs today and adapt to growing needs over time.

  • Compact and Portable: Easy to transport and install with standard modular “human-sized” units.

  • Safety and Durability: Designed to minimize safety risks and withstand elements.

  • High Plant Availability: Ensures higher system reliability.

  • Optimized Integration: Dynamic and efficient operation for quick response to renewable energy sources.

  • Customized End Product: Hydrogen can be customized for varying purity and moisture content requirements.


Recent Developments



New Products and Features Launched


  • Newest PEM Electrolyzer Gigafactory: Launched on July 19, 2024, with an initial 2GW production capacity, expandable to 4GW.

  • Strategic Growth Equity Investors: Investment in scaling operations and technology.

  • Introduction of Advanced Monitoring Systems: Enhanced monitoring for optimized production and minimal downtime.


New Chief Financial Officer


  • Enakshi Singh: Announced as the new CFO on August 27, 2024.


Partnerships and Collaborations


  • Partnership with Tata Projects: To advance green hydrogen initiatives in India, combining Ohmium's technology with Tata's engineering expertise.

  • Collaboration with HYGRO: For a 5.4 MW Green Hydrogen and Wind Turbine pilot project in the Netherlands.

  • H2 Green Mining Agreement: Boosts green hydrogen in Chile, promoting sustainable mining operations.


Awards and Recognitions


  • MNRE’s SIGHT Incentive Scheme Tranche II: Awarded support for up to 137 MW capacity based on electrolyzer performance and local economic contribution. Secured on August 29, 2024.

  • Career Mastered 2024 Women’s Leadership in Action Award: Awarded to Catherine Budzynski on March 12, 2024.


Investments and Financial Growth


  • $250 Million Series C Funding Round: Led by TPG Rise Climate to scale manufacturing capacity and accelerate international growth, announced on April 26, 2023.


Projects and Supply Chain Innovations


  • Global Delivery: Gigafactory supplies green hydrogen solutions to customers across the globe, including the U.S., Europe, and UAE.

  • Automotive Synergies: Leveraging local components from suppliers also serving leading automotive brands for robust supply chain and rapid production scaling.


Ohmium continues to solidify its position as a leader in the green hydrogen industry through technological innovation, strategic partnerships, and significant new investments. Their PEM electrolyzers pave the way for scalable and sustainable hydrogen solutions essential for the global transition to renewable energy.