Hylium Industries
Hylium Industries is a South Korean liquid hydrogen technology company developing cryogenic liquefaction systems, LH2 storage tanks, transport trailers, mobile refueling stations, and hydrogen fuel cell drones for government, military, and enterprise clients globally.
- Company typePrivate
- Founded2014
- HeadquartersOsan, South Korea
- Headcount51–100
- GTM typeB2B
- OfferingHardware or Manufacturing
What Hylium Industries does
Hylium Industries, Inc. is a South Korean cryogenic liquid hydrogen (LH2) technology company founded in 2014 by CEO Dr. Kim Seo-young, who spent 20 years researching liquid hydrogen at KIST before commercialization. Headquartered in Pyeongtaek (8,264 m² facility, 4,958 m² floor area) with R&D offices in Seoul and Sacramento and a European branch in Essen, Germany, the company offers an integrated LH2 stack: compact liquefaction systems, ultra-light titanium storage tanks (3L–6,000L), transport cylinders and trailers, mobile hydrogen refueling stations (mHRS), and LH2-powered fuel cell drones including the HyliumX (5+ hour flight time, 90km+ range) and Dodeca (12-rotor). Proprietary technologies include VCS boil-off reduction (<4%/day) and Korea's first domestically developed LH2 pump.
The company monetizes through four primary streams: direct hardware sales (LH2 tanks, trailers, refueling stations, drones) to government, military, and enterprise customers; technology licensing via the Element 1 Corp Strategic Assembly License Agreement; Hydrogen-as-a-Service drone operations primarily in the US market; and thermoelectric device (TED) sales for automotive thermal management. Customers include Hyundai Motor and POSCO (also Series A investors), KSOE/HD Hyundai, SK E&S, the Republic of Korea Army (Ami Tiger Drone Unit), Jeju Province Government, and NEOM in Saudi Arabia. Marketing combines enterprise field sales targeting large industrial and government buyers with active participation in global hydrogen and drone exhibitions (World Hydrogen Expo, H2 MEET, Drone Show Korea). Distribution leverages direct enterprise sales, strategic partnerships (Chart Industries JV Hylium Chart for trailers, Element 1 Corp for licensing), and a minor e-commerce shop for SMB/consumer channels. The company has received the WEF Technology Pioneer 2025 designation and Korea's Industrial Medal of Honour.
Hylium Industries firmographics
Firmographics- Name
- Hylium Industries
- Legal name
- Hylium Industries, Inc.
- Website
- https://hylium-industries.com
- Company type
- Private
- Founded year
- 2014
- Operating status
- Operating
- Headcount range
- 51–100 employees
- Short description
- Hylium Industries is a South Korean liquid hydrogen technology company developing cryogenic liquefaction systems, LH2 storage tanks, transport trailers, mobile refueling stations, and hydrogen fuel cell drones for government, military, and enterprise clients globally.
- Ownership category
- akta.pro rank
Hylium Industries industry classification
Industry- Product category
- Hydrogen Energy Equipment
- NAICS
- Industrial Gas Manufacturing (325120), Pump and Compressor Manufacturing (33391), Air-Conditioning and Warm Air Heating Equipment and Commercial and Industrial Refrigeration Equipment Manufacturing (333415)
- SIC
- Oil & Gas Field Machinery & Equipment (3533), Refrigeration & Service Industry Machinery (3580)
- akta.pro primary industry
- Liquid Hydrogen (LH2) Storage & Cryogenic Tank Systems (EUAFAEAB)
- akta.pro secondary industries
- Hydrogen Storage Terminals, Depots & Bulk Logistics (Siting, Loading/Unloading) (EUAFAEAI), Hydrogen (Industrial & Mobility) (IMAEACAB), Hydrogen CHP (Fuel Cell & H2-Ready Turbines) (EUACAKAF), Hydrogen Storage EPC, Engineering & Construction (Aboveground/Underground Facilities) (EUAFAEAK), Hydrogen Storage Safety, Monitoring & Integrity (Leak Detection, Sensors, Inspection) (EUAFAEAJ)
Keywords
Where Hylium Industries is headquartered
LocationHeadquarters
- HQ city
- Osan
- HQ country
- South Korea
- HQ region
- Asia
Offices10 records
Markets served
Hylium Industries business model
Business model- GTM type
- B2B
- Offering type
- Hardware or Manufacturing
- Cost components
- Personnel, Operations, Marketing or Sales, Technology or R&D, Infrastructure, Supply Chain
Revenue model
- Liquid Hydrogen Products Sales: Direct sales of liquid hydrogen storage tanks, transport trailers, refueling stations, and drones to domestic and international customers including government, military, and enterprise clients
- Hydrogen-as-a-Service (Drone Operations): Provides drone operations as a service using liquid hydrogen-powered drones for inspection, surveillance, and delivery applications primarily in US market
- Technology Licensing: Licensing of liquid hydrogen technology and manufacturing capabilities to international partners through strategic assembly and licensing agreements
- TED Products: Sale of thermoelectric cooling devices and modules for automotive applications including seat heating/cooling and cup holders
Go-to-market motion2 records
Distribution channels3 records
Marketing channels4 records
Hylium Industries product offering
Product offeringCore offering
Hylium Industries manufactures and sells liquid hydrogen (LH2) infrastructure and end-use products, including hydrogen liquefaction systems, cryogenic LH2 storage tanks, transport cylinders, hydrogen refueling stations, LH2 tank trailers, and liquid hydrogen fuel cell drones. The company also sells thermoelectric devices (TED) for cooling applications and provides technology licensing to international partners.
Product overview
Hylium Industries is a liquid hydrogen technology company offering a comprehensive portfolio of products spanning the entire hydrogen value chain. The core offering includes H2 Refueling Stations, LH2 Fuel Tanks, LH2 Storage Tanks, Transport Cylinders, and LH2 Drones. Supporting products include the HyliumX drone (5+ hour flight capability), Dodeca Drone (12-rotor multi-fuel drone), Mobile Ground Control Station, and LH2 Tank Trailers for transport. The company also offers Thermoelectric Devices (TED) for cooling applications and H2 Leak Detectors for safety. The portfolio is complemented by mobile hydrogen refueling stations and various liquid hydrogen power packs, enabling solutions from hydrogen production infrastructure to end-use applications in mobility, aviation, maritime, and industrial sectors.
Differentiator
Problem solved
Functional benefit
Brands
- HyliumX: Liquid hydrogen fuel cell drone capable of flying for over 5 hours, combining an ultralight liquefied hydrogen fuel tank with a PEM fuel cell.
- Hylium Chart (하이리움차트)
Products and services
- H2 Refueling Station Compact hydrogen refueling station that combines hydrogen liquefaction with ultra-light hydrogen storage technologies, designed for hydrogen refueling infrastructure deployment. Targeted at energy companies and government hydrogen infrastructure programs.
- LH2 Fuel Tank Portable liquid hydrogen fuel tank for mobility applications including automotive vehicles and remote power generation. Targeted at OEMs and mobility operators.
- LH2 Storage Tank Large-scale liquid hydrogen storage tank (3 liters to 6,000 liters) for industrial-scale energy storage applications. Targeted at energy companies and industrial hydrogen users.
- Transport Cylinder Cryogenic transport cylinder for the safe and efficient transportation of liquid hydrogen in various capacities. Targeted at hydrogen logistics operators.
- LH2 Drone Liquid hydrogen-powered drone with extended endurance, reduced emissions, and long flight time capabilities for industrial and commercial aerial applications. Targeted at commercial drone operators and industrial inspection users.
- HyliumX Liquid Hydrogen Fuel Cell Drone Liquid hydrogen fuel cell drone capable of flying for 5+ hours straight with 90km+ operating range and 5-minute refueling. Combines an ultra-light liquefied hydrogen fuel tank with a proton exchange membrane fuel cell. Targeted at military, infrastructure inspection, agriculture, and delivery operators.
- Dodeca Drone Multi-rotor drone equipped with 12 rotors for enhanced stability and power. Can run on batteries, hydrogen, or liquefied hydrogen. Designed for logistics delivery and relief goods transportation with flight times exceeding 5 hours.
- LH2 Device Liquid hydrogen device for various applications within the hydrogen ecosystem. Targeted at hydrogen energy system integrators.
- H2 Leak Detector Safety equipment for detecting hydrogen leaks in hydrogen infrastructure and applications. Targeted at hydrogen facility operators and safety personnel.
- Thermoelectric Device (TED) Eco-friendly thermoelectric cooling device providing One-Stop Cooling Solution combining material R&D, module and product design, and cost-effective parts supply for automotive and electronics thermal management applications.
- LH2 Tank Trailer Liquid hydrogen tanker trailer with customer-customized tank, axles, drive devices, valves, and piping systems for the most economical and efficient solution for hydrogen infrastructure storage and transportation.
- Mobile Hydrogen Refueling Station (mHRS) Truck-mounted mobile liquid hydrogen refueling station with 2,500L-class 3-atmosphere low-pressure liquid hydrogen storage tank and 700bar hydrogen dispenser. Capable of refueling 25 vehicles per day without requiring a compressor or chiller. Targeted at fleet operators and event/temporary refueling needs.
- Mobile Ground Control Station (mGCS) Mobile drone control system with built-in hydrogen refueling system enabling precise UAV flight control and uninterrupted drone operations in the field. Targeted at drone operators using HyliumX drones.
Quantifiable outcome
- 5+ hours flight time for hydrogen drones (vs 20-30 minutes for conventional battery drones)
- +4 more outcomes
Companies that use Hylium Industries
Customer profileNamed customers8 records
Segments4 records
Ideal customer profiles4 records
Hylium Industries technology and API
TechnologyTechnology focussed Yes
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Feature7 records
Hylium Industries partnerships and signals
Strategic signalPartnerships
13 partnerships are on record, tiered minor and major.
- Jiangsu Guofu Hydrogen Energy EquipmentminorTripartite cooperation with BTE and Hylium for 10MW hydrogen power project for North American data centers.
- Essen, Germany (City Government)majorEuropean branch establishment in Essen for market entry. City supports through HyTechCheck program for hydrogen technology companies.
- AirFirstmajorLarge-scale liquid hydrogen storage system supply contract for aviation applications.
- Element 1 CorpmajorStrategic Assembly License Agreement for hydrogen technology licensing and assembly operations.
- KENTECH (Korea Institute of Energy Technology)majorMOU for hydrogen liquefaction infrastructure development in Korea. Supports country's hydrogen economy establishment.
- Pyeongtaek UniversityminorMOU for Drone Education Center and Hydrogen Academy establishment. Part of K-Digital Platform initiative for industry-academia collaboration.
- Gas and Heat Institute Essen e.V. (GWI)majorMOU for liquid hydrogen technology collaboration and European market entry. GWI provides technological expertise and office space for Hylium's European operations in Essen, Germany.
- NEOMmajorDemonstration of liquid hydrogen drones for Saudi Arabia's NEOM smart city project. Demo flight conducted at Hylium HQ and planned Saudi Arabia demonstration.
- ACUA OceanmajorMOU for unmanned autonomous hydrogen ship commercialization. Hylium provides LH2 fuel supply systems for ACUA's H-USV (Hydrogen Unmanned Surface Vessel) targeting Northeast Asian markets.
- H3 DynamicsmajorJoint development of liquid hydrogen-electric flight capabilities. Partnership for transatlantic crossing attempt (3,300km) with ISAE-SUPAERO. Combines Hylium's LH2 storage with H3's propulsion nacelles.
- ISAE-SUPAEROmajorFrench aerospace engineering school leading the Mermoz drone project for South Atlantic crossing (3,300km). Hylium provides LH2 fuel tanks for the crossing attempt.
- Chart IndustriesmajorJoint venture (Hylium Chart) for manufacturing liquid hydrogen trailers and storage systems in Korea. Chart provides global cryogenic equipment expertise.
- Korea Research Institute of Ships & Ocean Engineering (KRISO)majorJoint development and AIP (Approval in Principle) certification for ship-mounted liquid hydrogen fuel tanks with 316L and 316HN stainless steel models.
Scale indicators6 records
Recent moves6 records
Expansion highlights7 records
Hylium Industries competitors and assessment
Company assessmentBroad incumbents
- Chart Industries: US-listed global leader in cryogenic equipment and LH2 storage/transport. Direct partner via the Hylium Chart JV for LH2 trailers in Korea and a competitive threat in cryogenic tank and trailer markets globally.
- Linde plc: One of the world's largest industrial gas suppliers with a global liquid hydrogen production and distribution network. Competes with Hylium in LH2 supply, storage, and refueling infrastructure, especially for mobility and industrial customers.
- Air Products and Chemicals: Global industrial gases major with large-scale LH2 production, hydrogen mobility, and refueling infrastructure projects worldwide. Competes with Hylium on LH2 storage, transport, and large hydrogen supply contracts.
- Iwatani Corporation: Japan's leading LH2 supplier and importer with extensive cryogenic distribution. Competes with Hylium in Asia-Pacific LH2 supply, hydrogen refueling stations, and fuel cell mobility ecosystems.
Direct peers
- Plug Power: US-based hydrogen fuel cell and green hydrogen ecosystem player with hydrogen production, fueling stations, and mobility applications. Comparable to Hylium's LH2 ecosystem play including refueling stations, drones/mobility, and end-use applications.
- Cryoport (formerly Cryoport Systems / cryogenic logistics): Provider of cryogenic storage and transport solutions, including for life sciences. Comparable to Hylium's cryogenic LH2 storage and transport infrastructure business, though focused on different end markets.
- Nel ASA: Norwegian hydrogen technology company producing electrolyzers and hydrogen refueling stations. Comparable to Hylium's H2 refueling station and hydrogen production equipment offerings.
- Doosan Mobility Innovation: South Korean competitor developing hydrogen fuel cell drones with extended endurance. Most direct comparable to Hylium's HyliumX LH2 drone product, competing in the Korean and global long-endurance UAV market.
Emerging players
- ITM Power: UK-based hydrogen production and refueling equipment company. Comparable to Hylium's hydrogen refueling and small-scale liquefaction/pump technology, with overlapping use cases in mobility and industrial hydrogen.
- Element 1 Corp: US-based hydrogen generator and reformer technology company with a Strategic Assembly License Agreement with Hylium. Closely coupled peer via licensing and assembly partnership, focused on hydrogen production for data centers and distributed generation.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat5 records
Key risks7 records
Key highlights7 records
Customer concentration
Hylium Industries social profiles
Digital presenceHylium Industries compliance and trust
Trust signalCompliance6 records
Hylium Industries financial estimates
Financial estimateRevenue estimate
Valuation estimate
Hylium Industries leadership team
Management profileNumber of profiles
Profiles4 records
Hylium Industries subsidiaries and ownership
Company hierarchySubsidiaries1 record
Hylium Industries funding detail
Funding detailFunding overview
Funding rounds6 records
Investors12 records
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Hylium Industries M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Hylium Industries
What does Hylium Industries do?
Hylium Industries manufactures and sells liquid hydrogen (LH2) infrastructure and end-use products, including hydrogen liquefaction systems, cryogenic LH2 storage tanks, transport cylinders, hydrogen refueling stations, LH2 tank trailers, and liquid hydrogen fuel cell drones. The company also sells thermoelectric devices (TED) for cooling applications and provides technology licensing to international partners.
Is Hylium Industries a public or private company?
Hylium Industries is a private company. It is classified as venture growth investor backed and is currently operating.
When was Hylium Industries founded?
Hylium Industries was founded in 2014. It employs 51 to 100 people.
Where is Hylium Industries based?
Hylium Industries is headquartered in Osan, South Korea, in the Asia region.
How does Hylium Industries make money?
Four revenue lines are on record. Liquid Hydrogen Products Sales are the primary driver. The others are hydrogen-as-a-Service (Drone Operations), technology Licensing and TED Products.
Who are Hylium Industries's main competitors?
Broad incumbents on record are Chart Industries, Linde plc, Air Products and Chemicals and Iwatani Corporation. Direct peers are Plug Power, Cryoport (formerly Cryoport Systems / cryogenic logistics), Nel ASA and Doosan Mobility Innovation. Emerging players are ITM Power and Element 1 Corp.
Does Hylium Industries have an API?
No public API is recorded for Hylium Industries.
What industry is Hylium Industries in?
Hylium Industries's product category is Hydrogen Energy Equipment. Its primary akta.pro industry code is EUAFAEAB, Liquid Hydrogen (LH2) Storage & Cryogenic Tank Systems, with a secondary code of EUAFAEAI, Hydrogen Storage Terminals, Depots & Bulk Logistics (Siting, Loading/Unloading). Its NAICS code is 325120 and its SIC code is 3533.