This is us
The story of Stargate started in 2020 when the founders understood that in order to effectively combat climate change, electrification is not enough, and we need affordable green hydrogen to reduce carbon emissions in the hard-to-abate sectors such as steelmaking, fertilizer and chemical industries. We believe that the price of green hydrogen is key for unlocking widespread industrial use and thereby significantly reducing emissions.
In order to make this happen, we understood that we need to increase the efficiency of the electrolysis process and bring down the capital cost of the hydrogen production equipment. We do this by developing novel catalyst materials, based on ceramic materials, which we proudly call Stardust. As a result of this, our technology can achieve high efficiency with very low capital cost and as an additional benefit, our products face no critical raw material availability issues. Our core team comes from the high-temperature world (SOEC) and has ample experience with ceramic materials, the challenge is making those work in an alkaline environment, which is the most robust and proven form of electrolysis.
We are now over two years old, have a world-class team and secured 54+ million euros of financing thanks to our investors and IPCEI status that allows us to execute our vision. We are part of a large industrial group of companies which includes the largest renewables developer in the region.
