Hystar Is A Norwegian High Tech Company That Specializes In Proton Exchange Membranepemelectrolysers For Large Scale Green Hydrogen Productionfounded In 2020 As A Spin Off From The Research Institute Sintefhystar Is Headquartered In Oslo And Has Raised $31 9 Million In Fundingincluding A Significant $26 Million Series B Round Co Led By Ap Ventures And Mitsubishi Corporation The Companyae S Innovative Pem Electrolyser Design Reduces Membrane Thickness By Up To 90 Enhancing Energy Efficiency And Safety In Hydrogen Generationhystar Offers Modular Pem Electrolyser Systems That Are Scalable For Various Industrial Applicationstargeting Sectors Such As Steelammonia Productionand Heavy Duty Transportationwith Plans To Deploy Automated Gigawatt Capacity Production Lines By 2025Hystar Is Positioning Itself As A Key Player In The Transition To Green Hydrogencollaborating With Partners Like Nippon Steel Trading And Mitsubishi Corporation
