“Our investment in Ohmium demonstrates 3M’s dedication to fostering innovative technologies that can lead to a more sustainable future,” said Mark Copman, Senior Vice President, 3M New Growth Ventures. “We see significant potential for collaboration in areas such as advanced materials, which can further enhance the efficiency and scalability of green hydrogen production.”
The investment aligns with 3M’s strategic growth platform in climate tech and its vision to leverage 3M’s deep technological expertise in material science in support of the Department of Energy’s ‘Hydrogen Energy Earthshot’ and the industry goal of reducing the cost of green hydrogen production to $1 per kilogram.
“We’re very pleased to partner with an industry leader like 3M and look forward to collaborating with them on continued innovation in catalysts and other electrolyzer materials,” said Arne Ballantine, Ohmium CEO. “Their investment in Ohmium is another testament to the strength of our technology and our track record in deployment.”
