FedDev Ontario funding will help company reach the scale required to become a global leader in the fast-growing clean hydrogen equipment market, the company announced.
Hydrogen Optimized Inc., a subsidiary of Key DH Technologies Inc. (KEY), has been awarded an over $3.5-million repayable contribution from the Government of Canada to automate and expand its RuggedCell™ water electrolyzer manufacturing capacity in Owen Sound, Ontario.
The funds will go toward an $11-million project that will increase RuggedCell™ electrolyzer production at the company’s Owen Sound manufacturing facility five-fold to 5,000 electrolyzer units per year of clean hydrogen production systems, and create 50 high-quality full-time jobs.
Photo from City of Owen Sound
Press release https://is.gd/FY8Wf4
