DiagnaMed Holdings Corp., a life sciences company focused on molecular hydrogen and AI diagnostics, announced it has entered into a collaboration agreement with EIREX, a hydrogen technology company, for the development and commercialization of EIREX’s novel modular carbon-free technology that extracts hydrogen from water and overcomes the challenges currently faced by producing hydrogen via electrolysis.
Hydrogen produced by electrolysis has an industry target to reach a cost of $2 per kilogram by 2030. The EIREX hydrogen technology aims to surpass this by demonstrating a baseline production level on its commercial pilot prototype, targeting a cost of $0.25 per kilogram and $0.10 per kilogram for commercial units. EIREX has developed a prototype and is currently prepared to produce its commercial pilot prototype. A showcase of their research work can be found here.
Screenshot of EIREX
Press release https://www.diagnamed.com/news
