What Ayrton Energy does

Ayrton Energy is a Calgary-based, venture-backed hydrogen storage and transportation technology company founded in 2021. It targets industrial hydrogen producers, transportation operators, port and warehouse facilities, and long-distance logistics users that face the core bottleneck of the hydrogen economy: safely and cost-effectively moving hydrogen from production to end-use. The company is in the pre-commercial pilot stage, actively deploying projects across multiple regions in North America while engaging European supply chain partners through events such as Hannover Messe.

The company's core offering is its proprietary e-LOHC™ (Electrically-Driven Liquid Organic Hydrogen Carrier) platform, which combines a proprietary liquid organic carrier with electrochemical processes to store and release hydrogen at room temperature and ambient pressure. The system comprises two integrated components: the H-Cell™ (hydrogenation), which chemically binds hydrogen onto the carrier liquid, and the D-Cell™ (dehydrogenation), which releases hydrogen at fuel-cell-grade purity (99.999%) without further purification. Compared to conventional compressed-gas and cryogenic hydrogen storage, Ayrton's architecture is claimed to deliver roughly 50% lower storage and transport cost, a competitive volumetric density of 55 kg/m³ of LOHC, no self-discharge during long-duration storage, and re-use of existing diesel-style tanks, trucks, rail cars, and pipelines. Three patents are filed on the platform and the trademarks e-LOHC™, H-Cell™, and D-Cell™ are registered.

Ayrton generates revenue (still at pilot scale) through direct enterprise sales of hydrogen storage hardware and system integration to industrial, transportation, port, and warehouse customers, supplemented by strategic co-development partnerships with energy, utilities, and logistics incumbents including Halliburton, ATCO, and ANTAREA. Pricing is quote-based and not publicly disclosed. The company has raised roughly $7.2M in disclosed equity funding across 2024–2025 rounds led by BDC Capital's Climate Tech Fund, Clean Energy Ventures, SOSV, and NorthX Climate Tech, with additional non-dilutive capital from Alberta Innovates and the S$1M Liveability Challenge prize. Its go-to-motion is enterprise field sales, supported by LinkedIn-led brand presence, an email newsletter funnel, and targeted industry-event engagement.

Name

Ayrton Energy

Legal name

Ayrton Energy

Website

https://ayrtonenergy.com

Company type

Private

Founded year

2021

Operating status

Operating

Headcount range

11–50 employees

Short description

Ayrton Energy is a Calgary-based hydrogen storage technology company developing its proprietary e-LOHC™ electrochemical platform (H-Cell™/D-Cell™) to store and transport hydrogen as an ambient liquid using existing fuel infrastructure, targeting industrial, transportation, port, and warehouse end-users via pilot deployments.

Ownership category

akta.pro rank

Product category

Hydrogen Storage and Transportation Technology

NAICS

Pump and Compressor Manufacturing (33391)

SIC

Electronic & Other Electrical Equipment (No Computer Equip) (3600)

akta.pro primary industry

LOHC (Liquid Organic Hydrogen Carrier) Storage, Handling & Regeneration (EUAFAEAC)

akta.pro secondary industries

Liquid Organic Hydrogen Carrier (LOHC) Storage & Dehydrogenation Interfaces (EUAFAFAE), Hydrogen Energy Storage & Power-to-X Equipment (electrolyzers, storage, fuel cell systems) (IMAGAHAM), Hydrogen (Industrial & Mobility) (IMAEACAB)

Keywords

• Hydrogen storage technology
• Liquid organic hydrogen carrier
• Hydrogen transportation systems
• Electrochemical hydrogen carrier
• Clean energy infrastructure

Headquarters

HQ city

Calgary

HQ country

Canada

HQ region

North America

Offices1 record

Markets served

GTM type

B2B

Offering type

Hardware or Manufacturing

Cost components

Technology or R&D, Personnel, Supply Chain, Operations, Marketing or Sales

Revenue model

1. Hydrogen Storage Technology Solutions: The company appears to generate revenue through the sale and deployment of its e-LOHC™ hydrogen storage systems to industrial customers, transportation companies, ports, and warehouses. Revenue is likely derived from system sales, licensing, and potentially service agreements for maintenance and support.

Go-to-market motion1 record

Distribution channels2 records

Marketing channels3 records

Core offering

Ayrton Energy develops and sells the proprietary e-LOHC™ hydrogen storage and transportation platform, an electrochemical Liquid Organic Hydrogen Carrier system that lets customers store hydrogen as a room-temperature, ambient-pressure liquid in a non-toxic carrier fluid and move it using existing fuel infrastructure (tanks, trucks, pipelines, rail cars). The integrated H-Cell™ hydrogenation and D-Cell™ dehydrogenation units deliver 99.999% fuel-cell-grade hydrogen without further purification, eliminating the need for high-pressure tanks or cryogenic cooling.

Product overview

Ayrton Energy offers a unified e-LOHC™ technology platform for hydrogen storage and transportation. The system consists of two integrated components: H-Cell™ for hydrogenation (absorbing hydrogen into the carrier liquid) and D-Cell™ for dehydrogenation (releasing pure hydrogen on demand). Together, they enable hydrogen to be stored and transported like diesel using existing fuel infrastructure, at ambient temperature and pressure.

Differentiator

Problem solved

Functional benefit

Brands

• e-LOHC™: Electrically-Driven Liquid Organic Hydrogen Carrier technology for safe, scalable hydrogen storage and transportation at ambient conditions using proprietary liquid organic hydrogen carrier.
• H-Cell™
• D-Cell™

Products and services

• e-LOHC™ Hydrogen Storage and Transportation Platform

Quantifiable outcome

• Lower cost hydrogen storage and transport than conventional solutions by almost 50%
• +4 more outcomes

Segments5 records

Ideal customer profiles3 records

Technology focussed Yes

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature5 records

Partnerships

Three partnerships are on record, tiered core and minor.

• HalliburtoncoreStrategic or Co-development PartnerStrategic partnership for hydrogen technology development in the energy sector, leveraging Halliburton's industry expertise and infrastructure.
• ATCOcoreStrategic or Co-development PartnerStrategic partnership with ATCO, a major utilities and logistics company, for hydrogen infrastructure and distribution solutions.
• ANTAREAminorStrategic or Co-development PartnerStrategic partnership for hydrogen ecosystem development and commercialization.

Scale indicators4 records

Recent moves6 records

Expansion highlights6 records

Emerging players

• Plug Power: Hydrogen fuel cell and green hydrogen ecosystem player targeting material handling (forklifts), ports, and logistics—directly overlapping with Ayrton's downstream use cases for warehouse and port refueling.

Broad incumbents

• Air Products: Major hydrogen producer and logistics operator with megaproject green hydrogen investments. Represents both a competitor in hydrogen logistics and a potential strategic partner/customer for Ayrton's e-LOHC™ system.
• Nel ASA: Established hydrogen equipment company producing electrolyzers and fueling station infrastructure. Broader portfolio but overlapping in hydrogen logistics infrastructure; competes for the same industrial/customer wallet.
• ITM Power: UK-listed PEM electrolyzer manufacturer serving industrial hydrogen production customers. Operates in the same hydrogen value chain and shares industrial-customer targeting with Ayrton.
• Linde: Global industrial gases major with hydrogen production, distribution, and storage at scale. While not a direct LOHC competitor, Linde sets the incumbent benchmark Ayrton must displace in industrial hydrogen logistics.
• Air Liquide: Global industrial gases leader with significant hydrogen pipeline and logistics assets. Comparable in end-customer relationships and ability to dictate logistics standards, and a potential partner/acquirer for LOHC innovation.
• Cummins / Accelera: Through its Accelera segment, Cummins manufactures PEM electrolyzers and fuel cell systems for heavy-duty and industrial applications. Comparable end-customer focus (ports, warehouses, heavy transport) and serves as both competitor and potential ecosystem partner.

Direct peers

• H2 Industries: LOHC-based hydrogen storage and carrier company developing full-chain solutions from production to end-use. Targets shipping, ports, and industrial customers—directly overlapping with Ayrton's go-to-market segments.
• Hydrogenious LOHC Technologies: Direct LOHC competitor using thermal (not electrochemical) hydrogenation with benzyltoluene as carrier. Closest analog to Ayrton given shared LOHC value proposition and overlapping use cases (long-distance transport, ports, industrial). Commercial deployments and BASF partnership make it the benchmark competitor.
• Chiyoda Corporation (SPERA Hydrogen): Developer of SPERA hydrogen, a thermal LOHC technology using methylcyclohexane as carrier, with operating demonstrations in Japan and Brunei. Competes with Ayrton in the international hydrogen shipping and long-duration storage segments.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat5 records

Key risks5 records

Key highlights7 records

Customer concentration

• LinkedInlinkedin.com/company/ayrton-energy

Revenue estimate

Valuation estimate

Number of profiles

Profiles2 records

Funding overview

Funding rounds4 records

Investors10 records

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Ayrton Energy