01Green, a startup created with the aim of innovating in the field of hydrogen storage and transport, announces that it has concluded a €300,000 pre-seed investment round. The investment was fully subscribed by Tech4Planet, the National Technology Transfer Centre for Sustainability promoted by CDP Venture Capital.
Thanks to the new resources, 01Green will be able to proceed with a proof of concept, and thus be able to start the development of a prototype container for the safe storage and transport of solid-state hydrogen using advanced doped magnesium technology.
The Safeteasy project aims to solve one of the main challenges concerning hydrogen logistics by ensuring higher storage density, greater safety and lower costs, while keeping the system at ambient temperature and pressure. It also makes transport over long distances, by sea or rail, more practical and flexible. Covered by an industrial invention patent, Safeteasy is the result of a 3D metal printing innovation process by 3D4Mec and is signed by Andrea Gatto and Ivano Corsini.
Gatto is the scientific head of the project and a full professor of Mechanical Technology and Production Systems at the ‘Enzo Ferrari’ Engineering Department of the University of Modena and Reggio Emilia, while Corsini, president and director of 01Green, has been involved in mechanics and mechatronics for about 40 years, starting from subcontracting and arriving at 3D printing for metals. In 2016, he founded 3D4Mec, the first Italian company to produce and market specialised 3D printers for metals, which produces 3D4Steel for processing steels and 3D4Brass, the world’s first 3D printer capable of processing brass. In recent years, Gatto and Corsini have dedicated themselves to the development of additive manufacturing machines for special metals and alloys such as high zinc brass, high carbon steel, tantalum and magnesium.
“We are thrilled to be able to stand by 01Green and see the development of the Safeteasy system prototype get underway, a technology that represents a revolutionary solution for storing and transporting solid-state hydrogen safely,” said Claudia Pingue, senior partner and head of the CDP Venture Capital technology transfer fund, in a note. “We are proud to support an innovation of this magnitude, which promises to make hydrogen transport more practical and flexible, with a significant impact on the energy transition.
01Green aims to innovate the energy storage industry to accelerate the global transition towards clean and sustainable energy sources. “We recognise hydrogen as the energy carrier of the future, but we are aware of the challenges hindering its large-scale adoption, mainly related to storage and transportation. Our solution aims to overcome these obstacles, making hydrogen a viable and affordable choice for a wide range of energy applications. Guided by the goal of reducing the global carbon footprint and promoting the use of clean energy, we are committed to revolutionising the field of hydrogen storage. Our vision is to facilitate a future where hydrogen is easily accessible, storable and transportable, making it a primary energy source for a variety of applications,” say the founders.
The sectors for which the solution is designed are mainly motor vehicles in general, buses, minibuses and school buses, trucks, special vehicles, and earth moving machinery. Other areas of use include aerospace, defence, marine/naval, rail, turbine and generator industry and last but not least, energy storage and distribution in areas with critical logistics.
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