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Stoke Space Announces $100 Million in New Investment

Retrieved on:

Thursday, October 5, 2023

DALLAS, Oct. 5, 2023 /PRNewswire/ -- Stoke Space, the rocket company building the world's most efficient fully and rapidly reusable rocket, announced today $100 million in new Series B investment to drive continued growth and innovation. This investment more than doubles the company's total funding, which now sits at $175 million. The company also announced the official name of its first rocket: Nova.

Key Points:

Investment to Fund Further Development of its Fully Reusable Rocket and New Construction at Launch Complex 14 at Cape Canaveral Space Force Station, Fla.
DALLAS, Oct. 5, 2023 /PRNewswire/ -- Stoke Space, the rocket company building the world's most efficient fully and rapidly reusable rocket, announced today $100 million in new Series B investment to drive continued growth and innovation.
This investment more than doubles the company's total funding, which now sits at $175 million.
"This new round of funding is a huge vote of confidence in our team," said Andy Lapsa, CEO and Co-Founder, Stoke Space.
Stoke has been granted dedicated use of Launch Complex 14 by the US Space Force for its orbital flights.

Hydrogen Energy Storage Market worth $196.8 billion by 2028 - Exclusive Report by MarketsandMarkets™

Retrieved on:

Friday, September 29, 2023

Based on technology, the Hydrogen Energy Storage Market has been split into compression, liquefaction, and material.

Key Points:

Based on technology, the Hydrogen Energy Storage Market has been split into compression, liquefaction, and material.
Innovations in compression technology are continually improving efficiency and safety, further enhancing the viability of hydrogen energy storage as a clean and versatile energy solution.
This report segments the Hydrogen Energy Storage Market based on end user into three segments: Industrial, Commercial, Electric Utilities.
The growing emphasis on decarbonizing industries such as transportation, manufacturing, and energy generation has also fueled the demand for hydrogen energy storage solutions.

Hydrogen Energy Storage Market worth $196.8 billion by 2028 - Exclusive Report by MarketsandMarkets™

Retrieved on:

Friday, September 29, 2023

Based on technology, the Hydrogen Energy Storage Market has been split into compression, liquefaction, and material.

Key Points:

Based on technology, the Hydrogen Energy Storage Market has been split into compression, liquefaction, and material.
Innovations in compression technology are continually improving efficiency and safety, further enhancing the viability of hydrogen energy storage as a clean and versatile energy solution.
This report segments the Hydrogen Energy Storage Market based on end user into three segments: Industrial, Commercial, Electric Utilities.
The growing emphasis on decarbonizing industries such as transportation, manufacturing, and energy generation has also fueled the demand for hydrogen energy storage solutions.

Canada’s Only National Convention for Carbon Capture Returns to Edmonton September 12- 14, 2023

Retrieved on:

Monday, September 11, 2023

Calgary, ALTA, Canada, Sept. 11, 2023 (GLOBE NEWSWIRE) -- CALGARY, ALTA - (September 11, 2023) dmg events presents Carbon Capture Canada, the only national event dedicated to Carbon Capture, Utilization and Storage (CCUS.)

Key Points:

Calgary, ALTA, Canada, Sept. 11, 2023 (GLOBE NEWSWIRE) -- CALGARY, ALTA - (September 11, 2023) dmg events presents Carbon Capture Canada, the only national event dedicated to Carbon Capture, Utilization and Storage (CCUS.)
Over 4,000 key industry stakeholders, leaders in CCUS and Government officials will gather at the Edmonton Convention Centre (9797 Jasper Avenue, Edmonton, AB) from September 12 - 14, 2023.
Awards will be presented in categories for Carbon Capture Projects, Carbon Capture Startups, Innovation in CCUS Technology, CCUS Leader of the Year, Carbon Storage and Emerging CCUS Leadership.
For more information on how to participate in the Carbon Capture Canada Convention, please visit Carbon Capture Canada .

Blue Ammonia Market worth $7,664 million by 2030 - Exclusive Report by MarketsandMarkets™

Retrieved on:

Friday, September 1, 2023

Based on end-use application, the Blue Ammonia Market has been segmented into transportation, power generation, and industrial feedstock.

Key Points:

Based on end-use application, the Blue Ammonia Market has been segmented into transportation, power generation, and industrial feedstock.
As the global population grows and the demand for food increases, the demand for blue ammonia is also expected to grow.
This report segments the Blue Ammonia Market based on application into three segments: energy, mobility, and chemical & refinery.
North America is committed to reducing its greenhouse gas emissions, and blue ammonia is a lower-carbon alternative to traditional ammonia production.

Blue Ammonia Market worth $7,664 million by 2030 - Exclusive Report by MarketsandMarkets™

Retrieved on:

Friday, September 1, 2023

Based on end-use application, the Blue Ammonia Market has been segmented into transportation, power generation, and industrial feedstock.

Key Points:

Based on end-use application, the Blue Ammonia Market has been segmented into transportation, power generation, and industrial feedstock.
As the global population grows and the demand for food increases, the demand for blue ammonia is also expected to grow.
This report segments the Blue Ammonia Market based on application into three segments: energy, mobility, and chemical & refinery.
North America is committed to reducing its greenhouse gas emissions, and blue ammonia is a lower-carbon alternative to traditional ammonia production.

New Tech Breakthrough Makes $2.5 Trillion Hydrogen Boom Possible

Retrieved on:

Friday, August 25, 2023

LONDON, Aug. 25, 2023 /PRNewswire/ -- The U.S. government has announced a proposed $7 billion (for starters) on desperately needed breakthroughs in clean hydrogen production. The Department of Energy's (DoE) biggest bet is on nuclear power plants, which they are hoping to convert into North America's premier clean hydrogen producers. Companies mentioned in this release include: Ballard Power Systems Inc. (NASDAQ: BLDP), Plug Power Inc. (NASDAQ: PLUG), Linde plc (NYSE: LIN), Shell (NYSE: SHEL), BP (NYSE: BP).Those billions of dollars are being poured into technological innovation, lowering costs and scaling up the production of clean hydrogen, including through the use of nuclear power plants in New York, Ohio, Minnesota and Arizona. For now, the majority of hydrogen in the United States is produced by natural gas reforming in large central plants—an important step in the energy transition. The end goal, however, is to produce hydrogen without creating carbon emissions, and that's what the federal government's $7billion spend is all about. At four nuclear plants across the country, scientists are trying to perfect a process called 'electrolysis' to create pure, clean hydrogen. The process involves splitting water into pure hydrogen and oxygen using high temperature electrolyzers. For now, however, the process is prohibitively expensive and energy intensive. That could make this recent breakthrough all the more significant …

Key Points:

At four nuclear plants across the country, scientists are trying to perfect a process called 'electrolysis' to create pure, clean hydrogen.
The DoE's goal is to see clean hydrogen production costs decline by 80% to $1 per kilogram in a decade.
The commitment Plug Power demonstrates toward a sustainable energy future makes it a critical player in the hydrogen space.
Once a stalwart of the traditional energy sector, it's now championing the green energy revolution, with hydrogen being a key focus.

New Tech Breakthrough Makes $2.5 Trillion Hydrogen Boom Possible

Retrieved on:

Friday, August 25, 2023

LONDON, Aug. 25, 2023 /PRNewswire/ -- The U.S. government has announced a proposed $7 billion (for starters) on desperately needed breakthroughs in clean hydrogen production. The Department of Energy's (DoE) biggest bet is on nuclear power plants, which they are hoping to convert into North America's premier clean hydrogen producers. Companies mentioned in this release include: Ballard Power Systems Inc. (NASDAQ: BLDP), Plug Power Inc. (NASDAQ: PLUG), Linde plc (NYSE: LIN), Shell (NYSE: SHEL), BP (NYSE: BP).Those billions of dollars are being poured into technological innovation, lowering costs and scaling up the production of clean hydrogen, including through the use of nuclear power plants in New York, Ohio, Minnesota and Arizona. For now, the majority of hydrogen in the United States is produced by natural gas reforming in large central plants—an important step in the energy transition. The end goal, however, is to produce hydrogen without creating carbon emissions, and that's what the federal government's $7billion spend is all about. At four nuclear plants across the country, scientists are trying to perfect a process called 'electrolysis' to create pure, clean hydrogen. The process involves splitting water into pure hydrogen and oxygen using high temperature electrolyzers. For now, however, the process is prohibitively expensive and energy intensive. That could make this recent breakthrough all the more significant …

Key Points:

At four nuclear plants across the country, scientists are trying to perfect a process called 'electrolysis' to create pure, clean hydrogen.
The DoE's goal is to see clean hydrogen production costs decline by 80% to $1 per kilogram in a decade.
The commitment Plug Power demonstrates toward a sustainable energy future makes it a critical player in the hydrogen space.
Once a stalwart of the traditional energy sector, it's now championing the green energy revolution, with hydrogen being a key focus.

Bridging the Gap: Storage & Distribution in the Hydrogen Value Chain, IDTechEx Report

Retrieved on:

Tuesday, August 15, 2023

For a more in-depth exploration of each technology and associated commercial activities, please refer to IDTechEx's new market report, " Hydrogen Economy 2023-2033: Production, Storage, Distribution & Applications ".

Key Points:

For a more in-depth exploration of each technology and associated commercial activities, please refer to IDTechEx's new market report, " Hydrogen Economy 2023-2033: Production, Storage, Distribution & Applications ".
Safety risks with compressed gas storage and boil-off issues with liquid H2 storage lead to hydrogen loss, further exacerbating the challenges.
Compressed gas and liquid hydrogen storage tanks will likely continue to serve stationary storage applications, such as hydrogen refueling stations.
The new "Hydrogen Economy 2023-2033: Production, Storage, Distribution & Applications" report offers an exhaustive overview of the value chain, including technological analyses, comparisons, commercial activities, innovations, and market trends.

Bridging the Gap: Storage & Distribution in the Hydrogen Value Chain, IDTechEx Report

Retrieved on:

Tuesday, August 15, 2023

For a more in-depth exploration of each technology and associated commercial activities, please refer to IDTechEx's new market report, " Hydrogen Economy 2023-2033: Production, Storage, Distribution & Applications ".

Key Points:

For a more in-depth exploration of each technology and associated commercial activities, please refer to IDTechEx's new market report, " Hydrogen Economy 2023-2033: Production, Storage, Distribution & Applications ".
Safety risks with compressed gas storage and boil-off issues with liquid H2 storage lead to hydrogen loss, further exacerbating the challenges.
Compressed gas and liquid hydrogen storage tanks will likely continue to serve stationary storage applications, such as hydrogen refueling stations.
The new "Hydrogen Economy 2023-2033: Production, Storage, Distribution & Applications" report offers an exhaustive overview of the value chain, including technological analyses, comparisons, commercial activities, innovations, and market trends.