Kerionics
Kerionics is a Valencia-based spin-off from the Polytechnic University of Valencia and CSIC that develops and manufactures high-temperature solid oxide electrolyser (SOEC) systems and test benches for green hydrogen production, serving energy-intensive industrial sectors including steel, cement, ceramics, petrochemical, and glass.
- Company typePrivate
- Founded2022
- HeadquartersValencia, Spain
- Headcount1–10
- GTM typeB2B
- OfferingHardware or Manufacturing
What Kerionics does
Kerionics is a Valencia-based technology spin-off, incorporated in 2022 from the Polytechnic University of Valencia (UPV) and the Spanish National Research Council (CSIC), that develops and manufactures high-temperature Solid Oxide Electrolyser (SOEC/SOEL) systems for the production of green hydrogen and oxygen. The technology operates at 600–850°C and is claimed to deliver approximately 30% higher efficiency than conventional alkaline or PEM electrolysers by recovering waste heat from industrial combustion processes to generate the steam required for electrolysis, while also enabling oxygen co-utilization in hydrogen combustion to reduce NOx and eliminate compressed air demand. The company's product portfolio comprises four integrated offerings: the MEA (Membrane Electrode Assembly) as the foundational ceramic component developed with ITQ, the SOEL Stack as the core electrochemical cell assembly, complete Solid Oxide Electrolyser systems, and SOEC/SOFC Test Bench platforms in 350W, 1kW, and 3kW configurations for R&D and pre-pilot validation.
The business model centers on direct enterprise sales of custom-engineered electrolyser systems to energy-intensive industries — steel and metallurgy, cement, ceramics and glass, petrochemical, and paper production — where decarbonization of high-temperature process heat is the binding constraint. Kerionics supplements hardware revenue with R&D and project services income from Spanish and European public programs, including CDTI Misiones, IDAE's Renoval programme, and Horizon Europe, through consortia such as INDTEGRATE, ICAREPLAST, ALMAGREEN, NEOSOLAR, PHOTOHY, and HY2DEC. Pricing is bespoke and quote-based, structured around multi-year project engagements rather than standardized tiers, and the company explicitly targets geographic expansion from its Spanish base into Germany, France, the United States, and Latin America.
Kerionics firmographics
Firmographics- Name
- Kerionics
- Legal name
- KERIONICS SL
- Website
- https://kerionics.com
- Company type
- Private
- Founded year
- 2022
- Operating status
- Operating
- Headcount range
- 1–10 employees
- Short description
- Kerionics is a Valencia-based spin-off from the Polytechnic University of Valencia and CSIC that develops and manufactures high-temperature solid oxide electrolyser (SOEC) systems and test benches for green hydrogen production, serving energy-intensive industrial sectors including steel, cement, ceramics, petrochemical, and glass.
- Ownership category
- akta.pro rank
Kerionics industry classification
Industry- Product category
- Industrial Electrolyzers & Green Hydrogen Equipment
- NAICS
- Industrial Process Furnace and Oven Manufacturing (333994), Electrical Equipment Manufacturing (3353)
- SIC
- Electrical Industrial Apparatus (3620)
- akta.pro primary industry
- Hydrogen Energy Storage & Power-to-X Equipment (electrolyzers, storage, fuel cell systems) (IMAGAHAM)
- akta.pro secondary industries
- Separators & Membranes Manufacturing (EUAFABAE), Chemical Processing Equipment (Reactors, Mixers, Agitators) (IMAHAEAA)
Keywords
Where Kerionics is headquartered
LocationHeadquarters
- HQ city
- Valencia
- HQ country
- Spain
- HQ region
- Europe
Offices2 records
Markets served
Kerionics business model
Business model- GTM type
- B2B
- Offering type
- Hardware or Manufacturing
- Cost components
- Technology or R&D, Infrastructure, Personnel, Supply Chain, Marketing or Sales, Operations
Revenue model
- Electrolyzer Hardware Sales: Sale of complete SOEC electrolyzer systems, SOEL stacks, and MEA components. Products range from individual components to full-scale industrial electrolyzer installations. Revenue from equipment sales, system integration, and related hardware.
- Test Bench Systems: Sale of SOEC/SOFC test benches (K350, K1000, K3000) for R&D, material testing, stack development, and pre-pilot scale validation.
- R&D and Project Services: Participation in national and international R&D projects funded by CDTI, IDAE, and Horizon Europe programs. Revenue from collaborative research projects developing electrolyzer technology for specific industrial applications.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Other | Multi-year contract | Custom enterprise solutions - No standard tiers |
Go-to-market motion2 records
Distribution channels2 records
Marketing channels4 records
Kerionics product offering
Product offeringCore offering
Kerionics develops and manufactures high-temperature Solid Oxide Electrolyser (SOEC/SOEL) systems that generate green hydrogen and oxygen through electrolysis operating at 600-850°C. Their product portfolio includes MEA (Membrane Electrode Assembly) ceramic components, SOEL stacks, complete electrolyser systems, and SOEC/SOFC test bench platforms in 350W, 1kW, and 3kW configurations. The technology delivers 30% higher efficiency than conventional alkaline and PEM electrolysers by recovering waste heat from industrial combustion to generate steam for the electrolysis process.
Product overview
Kerionics is a technology-based spin-off from the Polytechnic University of Valencia (UPV) and the Spanish National Research Council (CSIC) that develops and manufactures high-temperature solid oxide electrolyser (SOEC/SOEL) systems for green hydrogen and oxygen production. Their product portfolio consists of four integrated components: MEA (Membrane Electrode Assembly) as the foundational ceramic component, SOEL Stack as the core electrochemical cell assembly, the complete Solid Oxide Electrolyser system integrating these components, and Test Bench Systems for development and validation. The modular architecture enables scalability from pilot projects to full industrial deployments, with the SOEL Stack serving as the central technology that enables 30% higher efficiency than conventional alkaline or PEM electrolysers through waste heat recovery.
Differentiator
Problem solved
Functional benefit
Products and services
- MEA (Membrane Electrode Assembly)
- SOEL Stack Set of electrochemical cells that convert steam into hydrogen using electricity and heat at high temperatures (600-850°C). The central component for high-temperature solid oxide electrolysers, combining advanced materials engineering and modular design for industrial applications.
- Solid Oxide Electrolyser (SOEC/SOEL) System Full electrolyser system composed of Solid Oxide Cells that generates hydrogen and green oxygen through high-temperature electrolysis, achieving 30% higher efficiency than alkaline or PEM electrolysers through heat recovery from industrial processes. Designed for energy-intensive industrial customers (steel, cement, ceramics, glass, petrochemical, paper).
- SOEC/SOFC Test Bench Systems (K350, K1000, K3000) Testing platforms available in three power tiers (350W, 1kW, 3kW) for SOEC, co-SOEC, and SOFC testing. Used for R&D, stack development, durability testing, and pre-pilot scale system validation by laboratories, research institutions, and industrial R&D teams.
Quantifiable outcome
- 30% higher efficiency than Alkaline and PEM electrolysers
- +2 more outcomes
Companies that use Kerionics
Customer profileNamed customers3 records
Segments7 records
Ideal customer profiles2 records
Kerionics technology and API
TechnologyTechnology focussed Yes
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Feature6 records
Kerionics partnerships and signals
Strategic signalPartnerships
Five partnerships are on record, tiered core and minor.
- INDTEGRATE Consortium PartnerscoreHorizon Europe Innovation Action project bringing together a multidisciplinary consortium to develop and validate a modular 220 kW Solid Oxide Electrolyser Cell system combining renewable electricity and industrial waste heat recovery for green hydrogen production. Pilot demonstrations in Spain and Slovenia over three years.
- ITQ (Instituto de Tecnología Química)coreWorldwide reference in SOC Electrolyser (SOEL), new materials (ceramic technology), and industrial catalysis. ITQ's ceramic excellence underpins Kerionics' MEA technology. Kerionics is a spin-off from ITQ.
- InnoEnergyminorEurope's leading platform for zero-emission technologies supporting the ZEROHGREEN project. Provides strategic positioning in European energy landscape.
- INCOTECminorCollaborating with Kerionics in the ZEROHGREEN funding process for electrolyser factory development.
- GREENEminorCollaborating with ITQ and Kerionics on ALMAGREEN project for development of 500W SOEC stack capable of reversible operation.
Scale indicators7 records
Recent moves7 records
Expansion highlights6 records
Kerionics competitors and assessment
Company assessmentEmerging players
- Convion: Finnish developer of SOFC and SOEC systems for distributed power and hydrogen production. Comparable technology (high-temperature solid oxide) at similar early-commercial stage, though focused on smaller distributed deployments.
Broad incumbents
- Nel ASA: Norwegian global leader in alkaline and PEM electrolyzers, supplying large-scale hydrogen plants to industrial customers. Competes with Kerionics for industrial hydrogen projects but with a much broader portfolio and established commercial track record.
- Plug Power: US-based integrated hydrogen company building electrolyzers, fuel cells, and hydrogen infrastructure. Overlaps with Kerionics in industrial hydrogen applications, though Plug is much larger and more diversified across the hydrogen value chain.
- ITM Power: UK-based PEM electrolyzer manufacturer with multiple GW-scale project deployments. Competes for industrial green hydrogen RFPs but uses PEM rather than SOEC technology; serves similar industrial customers.
- thyssenkrupp nucera: German electrolyzer specialist (alkaline and PEM) serving chlor-alkali and green hydrogen markets. Incumbent supplier to heavy industry that overlaps with Kerionics' steel/chemical customers, with far greater scale and balance sheet.
- Cummins Accelera: Cummins' zero-emission business unit producing PEM electrolyzers for utility-scale and industrial hydrogen. Comparable as an incumbent industrial OEM entering green hydrogen, with overlapping customer base in heavy industry.
Direct peers
- Bloom Energy: US-based manufacturer of solid oxide fuel cell systems now expanding into SOEC electrolysis for hydrogen production. Closely comparable technology platform (high-temperature ceramic cells) targeting large industrial customers.
- Sunfire: German company and Europe's leading commercial SOEC electrolyzer developer, producing high-temperature electrolyzers for green hydrogen. Most direct comparable to Kerionics by technology and target customer base in industrial decarbonization.
- John Cockerill Hydrogen: Belgian manufacturer of large-scale alkaline and SOEC electrolyzers for industrial green hydrogen projects. Comparable as a European electrolyzer OEM with industrial customer focus and direct overlap in steel/industrial decarbonization.
- Topsoe: Danish catalysis and technology company developing SOEC electrolyzer stacks (Topsoe Power-to-X) for green hydrogen and e-fuels. Direct competitor in the SOEC stack and integrated electrolyzer space with similar industrial focus.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat5 records
Key risks6 records
Key highlights7 records
Customer concentration
Kerionics social profiles
Digital presenceKerionics financial estimates
Financial estimateRevenue estimate
Valuation estimate
Kerionics leadership team
Management profileNumber of profiles
Profiles2 records
Kerionics funding detail
Funding detailFunding overview
Funding rounds4 records
Investors4 records
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Kerionics 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 Kerionics
What does Kerionics do?
Kerionics develops and manufactures high-temperature Solid Oxide Electrolyser (SOEC/SOEL) systems that generate green hydrogen and oxygen through electrolysis operating at 600-850°C. Their product portfolio includes MEA (Membrane Electrode Assembly) ceramic components, SOEL stacks, complete electrolyser systems, and SOEC/SOFC test bench platforms in 350W, 1kW, and 3kW configurations. The technology delivers 30% higher efficiency than conventional alkaline and PEM electrolysers by recovering waste heat from industrial combustion to generate steam for the electrolysis process.
Is Kerionics a public or private company?
Kerionics is a private company. It is classified as unknown and is currently operating.
When was Kerionics founded?
Kerionics was founded in 2022. It employs 1 to 10 people.
Where is Kerionics based?
Kerionics is headquartered in Valencia, Spain, in the Europe region.
How does Kerionics make money?
Three revenue lines are on record. Electrolyzer Hardware Sales are the primary driver. The others are test Bench Systems and R&D and Project Services.
Who are Kerionics's main competitors?
Convion is listed as an emerging player. Broad incumbents are Nel ASA, Plug Power, ITM Power, thyssenkrupp nucera and Cummins Accelera. Direct peers are Bloom Energy, Sunfire, John Cockerill Hydrogen and Topsoe.
Does Kerionics have an API?
No public API is recorded for Kerionics.
What industry is Kerionics in?
Kerionics's product category is Industrial Electrolyzers & Green Hydrogen 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 EUAFABAE, Separators & Membranes Manufacturing. Its NAICS code is 333994 and its SIC code is 3620.