Kepco University-Hylium Industry, Establish Hydrogen Liquefaction Infrastructure

[Asia Economy Honam Reporting Headquarters Reporter Park Jin-hyung] Korea Energy Technology University announced on the 20th that it has signed a memorandum of understanding for cooperation on the hydrogen liquefaction infrastructure construction project with Hylium Industry.

Hylium Industry independently developed the nation's first liquefied hydrogen production, storage, and transportation technology, leading the liquefied hydrogen business, and especially has succeeded in commercializing hydrogen drones based on liquefied hydrogen, mobile hydrogen charging stations, and ultra-light liquefied hydrogen tanks for hydrogen mobility,

Recently, it attracted Series A investment worth 13.6 billion KRW involving Hyundai Motor Company, POSCO, SK Gas, and the Small and Medium Business Corporation.

Through this memorandum of understanding, KENTECH and Hylium Industry plan to mutually cooperate in areas such as ▲joint preparation and promotion of KENTECH hydrogen liquefaction infrastructure construction project plans ▲establishment of a joint research institute and joint operation management of infrastructure in Naju Energy Valley ▲joint support for the KENTECH hydrogen drone club.

Kim Seo-young, CEO of Hylium Industry, stated, “I am very pleased that a path has opened to jointly develop and commercialize liquefied hydrogen energy technology that will complete Korea’s hydrogen roadmap with the top scholars of Korea Energy Technology University.”

Yoon Ui-jun, President of Korea Energy Technology University, said, “Through the memorandum of understanding with Hylium Industry Co., Ltd., which possesses independent technology from production to transportation of liquefied hydrogen, KENTECH will actively promote leading hydrogen infrastructure construction in Energy Valley and devote itself to research and development for carbon neutrality.”

This content was produced with the assistance of AI translation services.