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Hydrogen Mem-Tech

Full company profile

uuid0002e56

Namestring
Hydrogen Mem-Tech
Legal namestring
HMT AS
Company typeenum
Private
Founded yearint
2017
Descriptiontext

Hydrogen Mem-Tech AS is a Norwegian industrial-technology company founded in 2017 and headquartered in Trondheim, with its legal entity registered in Kristiansand (org. no. 923 131 787). The company commercialises palladium membrane separation technology — ultra-thin palladium (and palladium-silver) membranes bonded to substrate plates and stacked in cassettes — that separates ultra-pure hydrogen from bio- and natural gas streams using a pressure differential alone, with no moving parts and no chemicals. The technology is rooted in more than 20 years of research at SINTEF, with rights originally acquired by Reinertsen AS in 2014 before HMT was spun out; the company was acquired by Reinertsen New Energy in 2019.

HMT's core product is its hydrogen separator, including a 2-in-1 variant that integrates extraction and purification into a single vessel, reducing plant footprint by 50% and saving 25% on costs while targeting fuel-cell-grade hydrogen purity with up to 99% recovery. Production is conducted at a 2,500 sq m commercial facility at Fossegrenda, Trondheim, featuring a clean room for membrane handling, an automated assembly line, AGV transport, and a specialised membrane automation robot — reported to achieve 10x faster output than prior methods. R&D continues through the INTERPALL project (composite Pd membranes for >450°C operation, NOK 6.9M Research Council grant), the HYDROGENi centre, and collaboration with SINTEF and K. A. Rasmussen.

The business model is a sales-led, hardware-centric enterprise model. HMT sells palladium membrane hydrogen separators and related technical/integration services to large industrial customers in oil & gas, refining and petrochemicals, ammonia (including ammonia cracking for maritime), methanol, steel (including direct reduction), biogas and bio-refining, and transport/mobility. Direct sales are supported by strategic system-integrator partnerships (e.g., Arda Energy for turnkey biogas-to-hydrogen containers; WS Reformer for ammonia cracking; SOLID for iron-based hydrogen storage). The company targets enterprise contracts with quote-based pricing and delivers worldwide from its Trondheim facility. Total disclosed capital raised is approximately NOK 245M (NOK 170M in May 2022 from AP Ventures, Yara Growth Ventures, Shell Ventures, Saudi Aramco Energy Ventures, and SINTEF Venture V; up to NOK 75M in October 2024 led by Peak Sustainability Ventures alongside AP Ventures), supplemented by Norwegian public grants. Leadership transitioned in March 2025 when COO Hanne Martinussen was promoted to CEO, succeeding founder Thomas Reinertsen, who joined the board.

Short descriptiontext

Hydrogen Mem-Tech AS, founded in 2017 in Trondheim, Norway, commercialises palladium membrane hydrogen separators that extract ultra-pure hydrogen from bio- and natural gas streams, selling hardware and integration services to enterprise customers in oil & gas, refining, petrochemicals, ammonia, steel, biogas, and shipping.

Operating statusenum
Operating
Ownership categoryenum
Headcount rangeband
11–50
akta.pro rankint
HeadquartersTrondheim, Norway
HQ citystring
Trondheim
HQ countrystring
Norway
HQ regionstring
Europe
Markets served

Serves global market

Offices3 records

Each record includes

City, Country, Type, Description, Source

Keyword5 values
hydrogen separation technology, palladium membrane separators, industrial hydrogen purification, carbon capture solutions, green hydrogen production
Industry4 codes
1Hydrogen Energy Storage & Power-to-X Equipment (electrolyzers, storage, fuel cell systems)
CodeIMAGAHAMPrimaryYes
2Hydrogen (Industrial & Mobility)
CodeIMAEACABPrimaryNo
3Hydrogen Blending Pipelines (H2-in-Natural-Gas Networks)
CodeTLAGAGADPrimaryNo
4Hydrogen Production Supply & Offtake (Green/Blue H2) for Utility Blending
CodeEUAJAJAFPrimaryNo
NAICS code2 codes
  • Industrial Gas Manufacturing32512
  • Power Boiler and Heat Exchanger Manufacturing332410
SIC code1 code
  • Oil & Gas Field Machinery & Equipment3533
Product category
Industrial Hydrogen Separation Equipment
Social media profiles2 records
GTM motion1 record

Each record includes

Type, Description, Source

Revenue model3 records
1Hydrogen Separators (Hardware Sales)
TypeHardware Sales
Description

Sale of proprietary palladium membrane hydrogen separators. The separators are produced in Trondheim, Norway and delivered worldwide. Customers include oil & gas, petrochemical, shipping, and steel companies.

hydrogen-mem-tech.com
22-in-1 Separator Products
TypeHardware Sales
Description

Integrated extraction and purification in single separator vessel. Reduces footprint by 50% and saves 25% on costs. Targets fuel-cell quality hydrogen output.

hydrogen-mem-tech.com
3Technical Services and Integration Support
TypeProfessional Services
Description

Technical assistance with integration and optimization of complete solutions. Delivery of separation modules with technical support.

hydrogen-mem-tech.com
Marketing channels7 records

Each record includes

Title, Type, Stage, Description, Source

Distribution channels2 records

Each record includes

Title, Type, Scope, Target buyer, Description, Source

Cost components6 values
Technology or R&D, Supply Chain, Personnel, Operations, Marketing or Sales, Infrastructure
GTM typeB2B
B2B
Offering typeHardware or Manufacturing
Hardware or Manufacturing
Core offering1 text field

Hydrogen Mem-Tech develops and manufactures commercially-ready palladium membrane hydrogen separators that extract pure hydrogen from bio- and natural gases. The company's core product uses ultra-thin palladium membranes bonded to substrate plates and stacked in cassettes, leveraging pressure differential to separate ultra-pure hydrogen from all other molecules. Units are produced at a state-of-the-art facility in Trondheim, Norway and delivered worldwide to industrial customers in oil & gas, petrochemicals, shipping, steel, ammonia, and biogas sectors.

Differentiator
Functional benefit
Problem solved
Quantifiable outcome1 of 4 values shown
  • 99% hydrogen recovery rates
+3 more records
Product overview1 text field

Hydrogen Mem-Tech offers a single core product: the Hydrogen Separator, which uses patented palladium membrane technology to extract pure hydrogen from bio- and natural gases. The separator features ultra-thin palladium membranes capable of separating ultra-pure hydrogen from all other molecules. The technology is supported by downloadable product application sheets for Extraction and Purification use cases, along with a Product Application Overview documenting applications across refining, petrochemicals, ammonia, methanol, bio-refining, transport, steel, biogenic hydrogen, power generation, and pipeline gas distribution sectors.

Product and service2 records
1Hydrogen Separator
CategoryHydrogen Separation Equipment
Description

Patented palladium membrane separator that extracts pure hydrogen from bio- and natural gases. Uses pressure differential where only hydrogen atoms pass through the membrane. Features no moving parts, no chemicals required, compact modular design, 99% hydrogen recovery, and tolerates high vibrations with low operational noise. For industrial customers in refining, petrochemicals, ammonia, methanol, bio-refining, transport, steel, and power generation sectors.

22-in-1 Separator
CategoryHydrogen Separation Equipment
Description

Integrated separator combining extraction and purification in a single vessel. Reduces plant footprint by 50% and saves 25% on costs while targeting fuel-cell quality hydrogen output for industrial customers.

Scale indicator7 records

Each record includes

Type, Value, Description, Source

Partnership8 partners
Strategic tierImportantTypeTechnology or IntegrationAnnounced on2025-03-01
Description

Testing partnership with SOLID, a Netherlands-based spin-off from Eindhoven University of Technology. Integrating Hydrogen Mem-Tech's palladium membrane into SOLID's Steam Iron Reactor (SIR) system for iron-based hydrogen storage. Lab-scale testing began March 2025; validation phase planned for SIR2 system with further testing in 2026/2027.

Strategic tierCoreTypeStrategic or Co-development PartnerAnnounced on2024-08-21
Description

Strategic partnership for integrating Hydrogen Mem-Tech's hydrogen separators into Arda Energy's gas-to-hydrogen projects. Arda Energy (formerly Agri-E) develops turnkey, container-based solutions for extracting hydrogen and green CO2 from biogas. The partnership combines Hydrogen Mem-Tech's unique membrane technology with Arda Energy's project development and finance capabilities to scale hydrogen production globally.

Strategic tierCoreTypeStrategic or Co-development PartnerAnnounced on2024-05-08
Description

Strategic partnership for jointly commercializing ammonia-to-hydrogen solutions for the European market. WS Reformer provides ammonia cracking technology; Hydrogen Mem-Tech provides palladium membrane purification. Successful pilot completed in Germany demonstrating high-purity hydrogen production from ammonia cracking. Jointly seeking hydrogen offtakers for piloting solutions.

Strategic tierImportantTypeStrategic or Co-development PartnerAnnounced on2024-01-01
Description

Project partner in INTERPALL project (project number 355921) working towards new composite palladium-based membrane with higher resistance to defect formation at temperatures above 450°C.

Strategic tierImportantTypeStrategic or Co-development PartnerAnnounced on2024-01-01
Description

Project partner in INTERPALL project for developing high-temperature resistant palladium membranes.

Strategic tierImportantTypeStrategic or Co-development PartnerAnnounced on2023-01-01
Description

Industry partner in HYDROGENi, a new Centre for Environment-friendly Energy Research (FME) dedicated to hydrogen and ammonia, established by Research Council of Norway. Hydrogen Mem-Tech contributing NOK 2M in investments, expertise, and equipment over 8-year programme.

Strategic tierCoreTypeStrategic or Co-development PartnerAnnounced on2022-01-01
Description

Long-standing research partner for palladium membrane technology development. Partner in Pallamonia project for ammonia cracking with hydrogen separation. Partner in INTERPALL project for high-temperature resistant membranes. Technology originally licensed from SINTEF.

Strategic tierImportantTypeTechnology or IntegrationAnnounced on2021-01-01
Description

Project under frame agreement to deliver separation module for hydrogen to Prototech's advanced fuel cell module for system testing in 2021/2022. Project intended for marine applications at Energy House test center at Heiane, Stord.

Recent move9 records

Each record includes

Date, Type, Title, Description, Source

Expansion highlight5 records

Each record includes

Type, Description

Peers10 records
TypeBroad incumbent
Description

Global industrial gas and hydrogen major with mega-project development in green and blue hydrogen. Competes as a vertically integrated hydrogen supplier using conventional separation technologies and serves many of the same refining, petrochemical, and mobility customers as Hydrogen Mem-Tech.

TypeDirect peer
Description

Norwegian-headquartered hydrogen technology company manufacturing alkaline and PEM electrolyzers for green hydrogen production. Closest geographic and industry peer, also serving industrial and mobility customers in the hydrogen value chain with complementary production-side equipment.

TypeBroad incumbent
Description

Business segment of Cummins Inc. focused on hydrogen fuel cells, electrolyzers, and hydrogen production technology. Broad incumbent in the hydrogen equipment market with PEM electrolyzer products that overlap with Hydrogen Mem-Tech's industrial customer base.

TypeEmerging player
Description

German company developing liquid organic hydrogen carrier (LOHC) technology for hydrogen storage and transport. Adjacent emerging player in the hydrogen value chain, with potential complementarity (or competition) for distributed hydrogen logistics use cases.

TypeBroad incumbent
Description

UK-based manufacturer of PEM electrolyzers for green hydrogen production, serving industrial, power, and mobility customers. Comparable in serving the upstream hydrogen production equipment market, with a more mature commercial platform but focused on electrolyzer technology rather than separation.

TypeBroad incumbent
Description

Global industrial gas major with substantial hydrogen production, pipeline distribution, and mobility infrastructure. Competes broadly with Hydrogen Mem-Tech in industrial hydrogen supply and operates conventional separation technology at scale across European refining and chemicals customers.

TypeBroad incumbent
Description

Global industrial gas major with extensive hydrogen production, distribution, and purification infrastructure. Operates the incumbent PSA-based separation technology that competes with palladium membrane separation at industrial scale, with substantially larger financial and operational resources.

TypeDirect peer
Description

US-based company that designs and manufactures hydrogen separation and purification systems for both fuel cell and industrial applications. Direct competitor in the membrane-based hydrogen separation space, targeting distributed production from methanol, ammonia, and reformed hydrocarbon streams.

TypeDirect peer
Description

Netherlands-based company developing electrochemical hydrogen purification and compression technology for distributed hydrogen applications. Direct competitor to Hydrogen Mem-Tech in the small-to-medium scale hydrogen purification equipment market, with similar target customers in mobility and industrial off-takers.

TypeBroad incumbent
Description

Denmark-based global leader in catalysts, process technology, and engineering for refining, chemical, and hydrogen industries. Offers SOEC electrolyzers and broader hydrogen solutions; competes broadly with Hydrogen Mem-Tech across the industrial hydrogen value chain with deeper installed base and balance sheet.

Market position
Strengths5 records

Each record includes

Headline, Details, Source

Weaknesses5 records

Each record includes

Headline, Details, Source

Competitive moat5 records

Each record includes

Type, Details

Key risks6 records

Each record includes

Headline, Details, Source

Key highlights7 records

Each record includes

Headline, Details, Source

Customer concentration

Classification, Details

Named customers2 records

Each record includes

Name, Industry, Type, Use case, Source, UUID

Segment7 records

Each record includes

Title, Type, Primary, Description, Pain point addressed, Use case, Source

Ideal customer profile4 records

Each record includes

Profile, Firmographic size, Sales motion, Sales cycle length, Buying structure, Purchase trigger, Buyer persona, Geography, Industry vertical, Primary use case, Description, Pain points, Evidence proof points, Target buyer

Technology focused
Yes
API detail
Has APIbool
No

Docs URL, Description

AI maturity
App detail

Has app

Feature4 records

Each record includes

Title, Differentiator, Description, Source

Core technology
Revenue estimate
Valuation estimate
Number of profiles
Profiles12 records

Each record includes

Name, Designation, Designation category, Overview, Profile commentary, Source

No data
Compliance2 records

Each record includes

Name, Class, Description

Funding overview

Funding stage, Last funding date, Total funding USD

Funding rounds2 records

Each record includes

Round, Amount USD, Date, Pre money valuation, Total investors, Investors, News

Investors6 records

Each record includes

Name, Type, Date of entry, Rounds participated, Website

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

M&A

Each record includes

Name, Acquisition type, Announced date, Completed date, Status, Website, News

Investment

Each record includes

Name, Round, Announced date, Lead investor, Website, News

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

Hydrogen Mem-Tech

Industrial Hydrogen Separation Equipmenthydrogen-mem-tech.com

Hydrogen Mem-Tech AS, founded in 2017 in Trondheim, Norway, commercialises palladium membrane hydrogen separators that extract ultra-pure hydrogen from bio- and natural gas streams, selling hardware and integration services to enterprise customers in oil & gas, refining, petrochemicals, ammonia, steel, biogas, and shipping.

What Hydrogen Mem-Tech does

Hydrogen Mem-Tech AS is a Norwegian industrial-technology company founded in 2017 and headquartered in Trondheim, with its legal entity registered in Kristiansand (org. no. 923 131 787). The company commercialises palladium membrane separation technology — ultra-thin palladium (and palladium-silver) membranes bonded to substrate plates and stacked in cassettes — that separates ultra-pure hydrogen from bio- and natural gas streams using a pressure differential alone, with no moving parts and no chemicals. The technology is rooted in more than 20 years of research at SINTEF, with rights originally acquired by Reinertsen AS in 2014 before HMT was spun out; the company was acquired by Reinertsen New Energy in 2019.

HMT's core product is its hydrogen separator, including a 2-in-1 variant that integrates extraction and purification into a single vessel, reducing plant footprint by 50% and saving 25% on costs while targeting fuel-cell-grade hydrogen purity with up to 99% recovery. Production is conducted at a 2,500 sq m commercial facility at Fossegrenda, Trondheim, featuring a clean room for membrane handling, an automated assembly line, AGV transport, and a specialised membrane automation robot — reported to achieve 10x faster output than prior methods. R&D continues through the INTERPALL project (composite Pd membranes for >450°C operation, NOK 6.9M Research Council grant), the HYDROGENi centre, and collaboration with SINTEF and K. A. Rasmussen.

The business model is a sales-led, hardware-centric enterprise model. HMT sells palladium membrane hydrogen separators and related technical/integration services to large industrial customers in oil & gas, refining and petrochemicals, ammonia (including ammonia cracking for maritime), methanol, steel (including direct reduction), biogas and bio-refining, and transport/mobility. Direct sales are supported by strategic system-integrator partnerships (e.g., Arda Energy for turnkey biogas-to-hydrogen containers; WS Reformer for ammonia cracking; SOLID for iron-based hydrogen storage). The company targets enterprise contracts with quote-based pricing and delivers worldwide from its Trondheim facility. Total disclosed capital raised is approximately NOK 245M (NOK 170M in May 2022 from AP Ventures, Yara Growth Ventures, Shell Ventures, Saudi Aramco Energy Ventures, and SINTEF Venture V; up to NOK 75M in October 2024 led by Peak Sustainability Ventures alongside AP Ventures), supplemented by Norwegian public grants. Leadership transitioned in March 2025 when COO Hanne Martinussen was promoted to CEO, succeeding founder Thomas Reinertsen, who joined the board.

Hydrogen Mem-Tech firmographics

Firmographics
Name
Hydrogen Mem-Tech
Legal name
HMT AS
Website
https://hydrogen-mem-tech.com
Company type
Private
Founded year
2017
Operating status
Operating
Headcount range
11–50 employees
Short description
Hydrogen Mem-Tech AS, founded in 2017 in Trondheim, Norway, commercialises palladium membrane hydrogen separators that extract ultra-pure hydrogen from bio- and natural gas streams, selling hardware and integration services to enterprise customers in oil & gas, refining, petrochemicals, ammonia, steel, biogas, and shipping.
Ownership category
akta.pro rank

Hydrogen Mem-Tech industry classification

Industry
Product category
Industrial Hydrogen Separation Equipment
NAICS
Industrial Gas Manufacturing (32512), Power Boiler and Heat Exchanger Manufacturing (332410)
SIC
Oil & Gas Field Machinery & Equipment (3533)
akta.pro primary industry
Hydrogen Energy Storage & Power-to-X Equipment (electrolyzers, storage, fuel cell systems) (IMAGAHAM)
akta.pro secondary industries
Hydrogen (Industrial & Mobility) (IMAEACAB), Hydrogen Blending Pipelines (H2-in-Natural-Gas Networks) (TLAGAGAD), Hydrogen Production Supply & Offtake (Green/Blue H2) for Utility Blending (EUAJAJAF)

Keywords

  • Hydrogen separation technology
  • Palladium membrane separators
  • Industrial hydrogen purification
  • Carbon capture solutions
  • Green hydrogen production

Where Hydrogen Mem-Tech is headquartered

Location

Headquarters

HQ city
Trondheim
HQ country
Norway
HQ region
Europe

Offices3 records

Markets served

Hydrogen Mem-Tech business model

Business model
GTM type
B2B
Offering type
Hardware or Manufacturing
Cost components
Technology or R&D, Supply Chain, Personnel, Operations, Marketing or Sales, Infrastructure

Revenue model

  1. Hydrogen Separators (Hardware Sales): Sale of proprietary palladium membrane hydrogen separators. The separators are produced in Trondheim, Norway and delivered worldwide. Customers include oil & gas, petrochemical, shipping, and steel companies.
  2. 2-in-1 Separator Products: Integrated extraction and purification in single separator vessel. Reduces footprint by 50% and saves 25% on costs. Targets fuel-cell quality hydrogen output.
  3. Technical Services and Integration Support: Technical assistance with integration and optimization of complete solutions. Delivery of separation modules with technical support.

Go-to-market motion1 record

Distribution channels2 records

Marketing channels7 records

Hydrogen Mem-Tech product offering

Product offering

Core offering

Hydrogen Mem-Tech develops and manufactures commercially-ready palladium membrane hydrogen separators that extract pure hydrogen from bio- and natural gases. The company's core product uses ultra-thin palladium membranes bonded to substrate plates and stacked in cassettes, leveraging pressure differential to separate ultra-pure hydrogen from all other molecules. Units are produced at a state-of-the-art facility in Trondheim, Norway and delivered worldwide to industrial customers in oil & gas, petrochemicals, shipping, steel, ammonia, and biogas sectors.

Product overview

Hydrogen Mem-Tech offers a single core product: the Hydrogen Separator, which uses patented palladium membrane technology to extract pure hydrogen from bio- and natural gases. The separator features ultra-thin palladium membranes capable of separating ultra-pure hydrogen from all other molecules. The technology is supported by downloadable product application sheets for Extraction and Purification use cases, along with a Product Application Overview documenting applications across refining, petrochemicals, ammonia, methanol, bio-refining, transport, steel, biogenic hydrogen, power generation, and pipeline gas distribution sectors.

Differentiator

Problem solved

Functional benefit

Products and services

  • Hydrogen Separator Patented palladium membrane separator that extracts pure hydrogen from bio- and natural gases. Uses pressure differential where only hydrogen atoms pass through the membrane. Features no moving parts, no chemicals required, compact modular design, 99% hydrogen recovery, and tolerates high vibrations with low operational noise. For industrial customers in refining, petrochemicals, ammonia, methanol, bio-refining, transport, steel, and power generation sectors.
  • 2-in-1 Separator Integrated separator combining extraction and purification in a single vessel. Reduces plant footprint by 50% and saves 25% on costs while targeting fuel-cell quality hydrogen output for industrial customers.

Quantifiable outcome

  • 99% hydrogen recovery rates
  • +3 more outcomes

Companies that use Hydrogen Mem-Tech

Customer profile

Named customers2 records

Segments7 records

Ideal customer profiles4 records

Hydrogen Mem-Tech technology and API

Technology

Technology focussed Yes

API detail

Has API
No
API docs
API detail

Core technology

AI maturity

App detail

Feature4 records

Hydrogen Mem-Tech partnerships and signals

Strategic signal

Partnerships

Eight partnerships are on record, tiered important and core.

  • SOLIDimportantTechnology or Integration · 1 March 2025Testing partnership with SOLID, a Netherlands-based spin-off from Eindhoven University of Technology. Integrating Hydrogen Mem-Tech's palladium membrane into SOLID's Steam Iron Reactor (SIR) system for iron-based hydrogen storage. Lab-scale testing began March 2025; validation phase planned for SIR2 system with further testing in 2026/2027.
  • Arda EnergycoreStrategic or Co-development Partner · 21 August 2024Strategic partnership for integrating Hydrogen Mem-Tech's hydrogen separators into Arda Energy's gas-to-hydrogen projects. Arda Energy (formerly Agri-E) develops turnkey, container-based solutions for extracting hydrogen and green CO2 from biogas. The partnership combines Hydrogen Mem-Tech's unique membrane technology with Arda Energy's project development and finance capabilities to scale hydrogen production globally.
  • WS ReformercoreStrategic or Co-development Partner · 8 May 2024Strategic partnership for jointly commercializing ammonia-to-hydrogen solutions for the European market. WS Reformer provides ammonia cracking technology; Hydrogen Mem-Tech provides palladium membrane purification. Successful pilot completed in Germany demonstrating high-purity hydrogen production from ammonia cracking. Jointly seeking hydrogen offtakers for piloting solutions.
  • K. A. RasmussenimportantStrategic or Co-development Partner · 1 January 2024Project partner in INTERPALL project (project number 355921) working towards new composite palladium-based membrane with higher resistance to defect formation at temperatures above 450°C.
  • SINTEF ManufacturingimportantStrategic or Co-development Partner · 1 January 2024Project partner in INTERPALL project for developing high-temperature resistant palladium membranes.
  • HYDROGENiimportantStrategic or Co-development Partner · 1 January 2023Industry partner in HYDROGENi, a new Centre for Environment-friendly Energy Research (FME) dedicated to hydrogen and ammonia, established by Research Council of Norway. Hydrogen Mem-Tech contributing NOK 2M in investments, expertise, and equipment over 8-year programme.
  • SINTEF (Industry)coreStrategic or Co-development Partner · 1 January 2022Long-standing research partner for palladium membrane technology development. Partner in Pallamonia project for ammonia cracking with hydrogen separation. Partner in INTERPALL project for high-temperature resistant membranes. Technology originally licensed from SINTEF.
  • Prototech ASimportantTechnology or Integration · 1 January 2021Project under frame agreement to deliver separation module for hydrogen to Prototech's advanced fuel cell module for system testing in 2021/2022. Project intended for marine applications at Energy House test center at Heiane, Stord.

Scale indicators7 records

Recent moves9 records

Expansion highlights5 records

Hydrogen Mem-Tech competitors and assessment

Company assessment

Broad incumbents

  • Air Products: Global industrial gas and hydrogen major with mega-project development in green and blue hydrogen. Competes as a vertically integrated hydrogen supplier using conventional separation technologies and serves many of the same refining, petrochemical, and mobility customers as Hydrogen Mem-Tech.
  • Cummins (Accelera): Business segment of Cummins Inc. focused on hydrogen fuel cells, electrolyzers, and hydrogen production technology. Broad incumbent in the hydrogen equipment market with PEM electrolyzer products that overlap with Hydrogen Mem-Tech's industrial customer base.
  • ITM Power: UK-based manufacturer of PEM electrolyzers for green hydrogen production, serving industrial, power, and mobility customers. Comparable in serving the upstream hydrogen production equipment market, with a more mature commercial platform but focused on electrolyzer technology rather than separation.
  • Air Liquide: Global industrial gas major with substantial hydrogen production, pipeline distribution, and mobility infrastructure. Competes broadly with Hydrogen Mem-Tech in industrial hydrogen supply and operates conventional separation technology at scale across European refining and chemicals customers.
  • Linde: Global industrial gas major with extensive hydrogen production, distribution, and purification infrastructure. Operates the incumbent PSA-based separation technology that competes with palladium membrane separation at industrial scale, with substantially larger financial and operational resources.
  • Topsoe: Denmark-based global leader in catalysts, process technology, and engineering for refining, chemical, and hydrogen industries. Offers SOEC electrolyzers and broader hydrogen solutions; competes broadly with Hydrogen Mem-Tech across the industrial hydrogen value chain with deeper installed base and balance sheet.

Direct peers

  • Nel ASA: Norwegian-headquartered hydrogen technology company manufacturing alkaline and PEM electrolyzers for green hydrogen production. Closest geographic and industry peer, also serving industrial and mobility customers in the hydrogen value chain with complementary production-side equipment.
  • Element 1 Corp: US-based company that designs and manufactures hydrogen separation and purification systems for both fuel cell and industrial applications. Direct competitor in the membrane-based hydrogen separation space, targeting distributed production from methanol, ammonia, and reformed hydrocarbon streams.
  • HyET Hydrogen: Netherlands-based company developing electrochemical hydrogen purification and compression technology for distributed hydrogen applications. Direct competitor to Hydrogen Mem-Tech in the small-to-medium scale hydrogen purification equipment market, with similar target customers in mobility and industrial off-takers.

Emerging players

  • Hydrogenious LOHC Technologies: German company developing liquid organic hydrogen carrier (LOHC) technology for hydrogen storage and transport. Adjacent emerging player in the hydrogen value chain, with potential complementarity (or competition) for distributed hydrogen logistics use cases.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks6 records

Key highlights7 records

Customer concentration

Hydrogen Mem-Tech social profiles

Digital presence

Hydrogen Mem-Tech compliance and trust

Trust signal

Compliance2 records

Hydrogen Mem-Tech financial estimates

Financial estimate

Revenue estimate

Valuation estimate

Hydrogen Mem-Tech leadership team

Management profile

Number of profiles

Profiles12 records

Hydrogen Mem-Tech funding detail

Funding detail

Funding overview

Funding rounds2 records

Investors6 records

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

Hydrogen Mem-Tech M&A and investment

M&A and investment

M&A

Investments

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

Frequently asked questions about Hydrogen Mem-Tech

What does Hydrogen Mem-Tech do?

Hydrogen Mem-Tech develops and manufactures commercially-ready palladium membrane hydrogen separators that extract pure hydrogen from bio- and natural gases. The company's core product uses ultra-thin palladium membranes bonded to substrate plates and stacked in cassettes, leveraging pressure differential to separate ultra-pure hydrogen from all other molecules. Units are produced at a state-of-the-art facility in Trondheim, Norway and delivered worldwide to industrial customers in oil & gas, petrochemicals, shipping, steel, ammonia, and biogas sectors.

Is Hydrogen Mem-Tech a public or private company?

Hydrogen Mem-Tech is a private company. It is classified as venture growth investor backed and is currently operating.

When was Hydrogen Mem-Tech founded?

Hydrogen Mem-Tech was founded in 2017. It employs 11 to 50 people.

Where is Hydrogen Mem-Tech based?

Hydrogen Mem-Tech is headquartered in Trondheim, Norway, in the Europe region.

How does Hydrogen Mem-Tech make money?

Three revenue lines are on record. Hydrogen Separators (Hardware Sales) is the primary driver. The others are 2-in-1 Separator Products and technical Services and Integration Support.

Who are Hydrogen Mem-Tech's main competitors?

Broad incumbents on record are Air Products, Cummins (Accelera), ITM Power, Air Liquide, Linde and Topsoe. Direct peers are Nel ASA, Element 1 Corp and HyET Hydrogen. Hydrogenious LOHC Technologies is listed as an emerging player.

Does Hydrogen Mem-Tech have an API?

No public API is recorded for Hydrogen Mem-Tech.

What industry is Hydrogen Mem-Tech in?

Hydrogen Mem-Tech's product category is Industrial Hydrogen Separation Equipment. Its primary akta.pro industry code is IMAGAHAM, Hydrogen Energy Storage & Power-to-X Equipment (electrolyzers, storage, fuel cell systems), with a secondary code of IMAEACAB, Hydrogen (Industrial & Mobility). Its NAICS code is 32512 and its SIC code is 3533.

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Live signals
IncubeesVC Grid led $1 M Seed funding raised by Pikndel – IncubeesPeak Sustainability Ventures and AP Ventures have co-led a strategic investment in Hydrogen Mem-Tech, granting Peak a 10.5% ownership stake to support global expansion. The funding will be used to scale operations, build a new hydrogen separation unit with five times the current capacity, and accelerate green hydrogen production, with a specific focus on viability for India’s energy sector. Hydrogen Mem-Tech, backed by prominent investors including Saudi Aramco Energy Ventures and Shell Ventures, develops patented palladium separator technology to extract pure hydrogen from natural and biogas.SintefInternational majors invest 170 million NOK in Hydrogen Mem-Tech for commercialization of SINTEF-licensed technologyHydrogen Mem-Tech, a Trondheim-based company licensed from SINTEF, secured a NOK 170 million investment round from industrial and financial investors including Yara Growth Ventures, Shell Ventures, Saudi Aramco Energy Ventures and AP Ventures. The company says the funding lets it accelerate a five-year plan over two years, with operations ramping up and hiring underway.Financial PostInternational Majors Invest 170 Million NOK in Norwegian Hydrogen Mem-TechAP Ventures, Yara Growth Ventures, Shell Ventures, Saudi Aramco Energy Ventures, and SINTEF Venture have invested 170 million NOK in Hydrogen Mem-Tech (HMT). The investment supports HMT's palladium membrane technology, which separates clean hydrogen from bio and natural gas while capturing CO2. This funding represents one of the largest capital investments in an early-stage Norwegian tech company in recent years.Business Wire BlogInternational Majors Invest 170 Million NOK in Norwegian Hydrogen Mem-TechHydrogen Mem-Tech secured a 170 million NOK investment from a consortium of major international energy and venture capital firms, including Shell Ventures and Saudi Aramco Energy Ventures. The funding supports the commercialization of HMT's palladium membrane technology, which separates clean hydrogen from bio and natural gas while capturing CO2 for sequestration or utilization.