What Cryo Technologies does

Cryo Technologies is a privately held industrial engineering firm headquartered in Allentown, Pennsylvania, that designs and fabricates custom cryogenic process systems for separating, purifying, and liquefying high-value industrial gases including hydrogen, helium, and hydrocarbons. The company's core technology centers on vacuum cold box engineering, with product capabilities spanning helium liquefaction (50 to 600 mmscfy), hydrogen liquefaction (5 to 30 metric tons per day), LNG systems, cryogenic purification, helium recycling, nitrogen liquefaction and re-liquefaction, and specialty systems such as oil removal, tritium removal, cold gas compression, and monomer recovery. Its engineering team comprises career-long specialists in deep cryogenic system design covering process, mechanical, instrumentation, controls, safety, procurement, quality assurance, project management, and 3D modeling disciplines. The firm has been operating in the cryogenic industrial gas space for over 20 years.

Since its 2021 acquisition by Chart Industries (NYSE: GTLS), Cryo Technologies has operated as a wholly-owned subsidiary, gaining access to Chart's brazed aluminum heat exchanger manufacturing, tank and distribution capabilities, and global sales infrastructure—a combination the company claims creates the only multi-molecule full-solution liquefaction and equipment offering in the world. Revenue is generated through two streams: project-based sales of custom-engineered cryogenic equipment (quote-based pricing, multi-year contracts) and aftermarket services (Cryotek Services for maintenance, repair, and performance upgrades of installed equipment). The company serves industrial gas producers, energy sector clients in hydrogen and LNG infrastructure, and process industries including nuclear, pharmaceutical, and manufacturing, with global distribution handled through Chart's network and a North American partnership with Ratermann.

The go-to-market is enterprise B2B with long sales cycles, leveraging direct sales engagement, Chart Industries' corporate marketing channels (website brand pages, social media, industry events, video content, downloadable brochures), and quote-based project pricing. Headcount, revenue, and financial details are not separately disclosed in public filings. The company's strategic positioning is tied to clean energy transition tailwinds, particularly hydrogen economy infrastructure, LNG, and specialty gas processing applications for high-value industrial customers.

Name

Cryo Technologies

Legal name

Cryo Technologies

Website

https://cryotechnologies.com

Company type

Private

Operating status

Operating

Headcount range

1–10 employees

Short description

Cryo Technologies designs and fabricates custom cryogenic process systems—helium and hydrogen liquefiers, LNG systems, and gas purification equipment—for industrial gas producers, energy companies, and process industries. A wholly-owned subsidiary of Chart Industries since 2021.

Ownership category

akta.pro rank

Product category

Industrial Cryogenic Equipment

NAICS

Industrial Gas Manufacturing (325120), Ventilation, Heating, Air-Conditioning, and Commercial Refrigeration Equipment Manufacturing (3334), Air-Conditioning and Warm Air Heating Equipment and Commercial and Industrial Refrigeration Equipment Manufacturing (333415)

SIC

Air-Cond & Warm Air Heatg Equip & Comm & Indl Refrig Equip (3585)

akta.pro primary industry

Industrial Gas & Air Separation Equipment (ASU, PSA, Cryogenic Systems) (IMAHAEAI)

akta.pro secondary industries

Cryogenic Liquids & Distribution (IMAEACAK), NGL/Condensate Recovery & Fractionation (Cryogenic, Refrigeration) (EUAAABAD), Liquid Hydrogen (LH2) Storage & Cryogenic Tank Systems (EUAFAEAB)

Keywords

• Cryogenic process systems
• Helium liquefaction equipment
• Hydrogen liquefaction systems
• Vacuum cold box engineering
• Industrial gas processing

Headquarters

HQ city

Allentown

HQ country

United States

HQ region

North America

Offices1 record

Markets served

GTM type

B2B

Offering type

Hardware or Manufacturing

Cost components

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

Revenue model

1. Custom Cryogenic Equipment Sales: Sale of custom engineered cryogenic process systems including helium and hydrogen liquefiers, vacuum cold boxes, and related separation/purification equipment to industrial customers. Revenue is generated through project-based equipment sales with long sales cycles.
2. Aftermarket Services and Parts: Cryogenic aftersales service including Cryotek Services, maintenance, repair and performance upgrades for installed equipment.

Pricing tiers

Go-to-market motion1 record

Distribution channels3 records

Marketing channels5 records

Core offering

Cryo Technologies designs and fabricates custom engineered cryogenic process systems that separate, purify, and liquefy high-value industrial gases such as hydrogen, helium, and hydrocarbons. Its portfolio centers on vacuum cold box engineering and includes helium liquefiers (50–600 mmscfy), hydrogen liquefiers (5–30 metric tons per day), LNG liquefaction, cryogenic purification, helium recycling, nitrogen liquefaction/re-liquefaction, oil and tritium removal, vacuum insulated pipe, warm gas purification, cold gas compression, and monomer recovery, supported by Cryotek aftermarket services.

Product overview

Cryo Technologies, a Chart Industries brand acquired in 2021, offers a comprehensive portfolio of custom engineered cryogenic process systems for separating, purifying, and liquefying high-value industrial gases. The product portfolio centers on vacuum cold box engineering and fabrication expertise, providing helium liquefiers (50-600 mmscfy capacity), hydrogen liquefiers (5-30 metric tons/day capacity), natural gas liquefaction (LNG), and cryogenic purification systems. Supporting capabilities include helium recycling, nitrogen liquefaction/re-liquefaction, oil removal, tritium removal, vacuum insulated pipe distribution, warm gas purification, cold gas compression, and monomer recovery. The company's offerings are distinguished by deep cryogenic system design expertise combining process, mechanical, instrumentation, controls, safety, and quality assurance disciplines.

Differentiator

Problem solved

Functional benefit

Products and services

• Helium Liquefiers Industrial helium liquefaction systems with capacities from 50 to 600 million standard cubic feet per year (mmscfy), built with custom vacuum cold box engineering for high-value industrial gas applications.
• Hydrogen Liquefiers Custom hydrogen liquefaction systems with capacities from 5 to 30 metric tons per day, designed with vacuum cold box technology for clean energy and hydrogen infrastructure applications.
• Natural Gas Liquefaction (LNG) Systems Systems for liquefying natural gas into LNG for clean-burning energy applications, integrated with Chart Industries' tank and distribution capabilities, including reference to LNG storage tanks of approximately 1000 m3 per unit.
• Cryogenic Purification Systems Deep cryogenic systems for purifying helium and hydrogen to high purity levels for industrial applications.
• Helium Recycling Systems Systems for recovering and recycling helium gas from industrial processes to reduce waste and improve supply efficiency.
• Nitrogen Liquefaction and Re-Liquefaction Systems Systems for liquefying and re-liquefying nitrogen gas for industrial gas supply and storage applications.
• Oil Removal Systems Cryogenic systems designed to remove oil contaminants from industrial gas streams.
• Tritium Removal Systems Specialized cryogenic systems for removing tritium from gas streams in nuclear applications.
• Vacuum Insulated Pipe and Distribution Vacuum-insulated piping systems for cryogenic liquid distribution with minimal heat ingress.
• Warm Gas Purification Systems Systems for purifying industrial gases at ambient temperatures before cryogenic processing.
• Cold Gas Compression Systems Compression systems for handling cryogenic and cold gas streams in liquefaction processes.
• Monomer Recovery Systems Systems for recovering monomers from industrial gas streams.
• Cryotek Services (Cryogenic Aftersales Service) Aftermarket cryogenic service including maintenance, repair, and performance upgrades for installed Cryo Technologies and Chart Industries equipment.

Quantifiable outcome

• Helium liquefaction capacities from 50 to 600 million standard cubic feet per year
• +1 more outcomes

Segments3 records

Ideal customer profiles2 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature4 records

Partnerships

One partnership is on record.

• Chart IndustriescoreStrategic or Co-development Partner · 1 January 2021Chart Industries acquired Cryo Technologies in 2021, combining their vacuum cold box engineering expertise with Chart's brazed aluminum heat exchanger and cold box manufacturing capabilities. The two companies had previously worked together for more than 20 years prior to the acquisition, creating the only multi-molecule full-solution liquefaction and equipment offering in the world.

Scale indicators4 records

Recent moves5 records

Expansion highlights5 records

Broad incumbents

• Howden (Chart Industries): Sister business within Chart Industries focused on compression, rotating equipment, and air and gas handling. Sits in the same Chart portfolio that now includes Cryo Technologies, addressing overlapping industrial gas and energy customers with adjacent rather than identical cryogenic liquefaction products.
• Linde plc: World's largest industrial gas company, with major in-house engineering and cryogenic system capability across hydrogen, helium, and LNG. Both a competitor (in-house liquefier design) and a potential customer (buyer of custom cryogenic systems) for Cryo Technologies.
• Chart Industries: Parent company of Cryo Technologies and a global leader in cryogenic equipment, brazed aluminum heat exchangers, and industrial gas processing. Overlaps directly with Cryo Technologies' helium and hydrogen liquefaction portfolio, but at far broader scale across tank, distribution, and rotating equipment lines.
• Linde Engineering: Engineering arm of Linde plc, designing and delivering large-scale air separation, hydrogen, and LNG plants. Competes with Cryo Technologies in custom-engineered cryogenic process systems, with greater scale and integrated EPC capability.
• Atlas Copco (Power Technique and Compressor Solutions): Global industrial group with significant compressor, gas processing, and cryogenic-adjacent equipment lines. Less of a direct liquefier competitor but serves overlapping industrial gas customers with related compression and processing equipment.
• Air Products and Chemicals: Global industrial gas major with significant in-house cryogenic engineering and hydrogen liquefaction capability, including large-scale hydrogen project work. A direct competitor and potential customer for the same helium and hydrogen liquefaction technologies Cryo Technologies supplies.

Direct peers

• Nikkiso Cryogenic Industries: Specializes in cryogenic pumps, turboexpanders, and process equipment for industrial gas, hydrogen, and LNG applications. Closely comparable to Cryo Technologies' deep cryogenic system design and fabrication scope, focused on liquefaction and cryogenic distribution equipment.
• Cryostar (Air Liquide): Subsidiary of Air Liquide manufacturing cryogenic pumps, expanders, and filling equipment. Operates in the same cryogenic liquefaction and distribution niche as Cryo Technologies, with a strong installed base in industrial gas and energy applications.
• SIAD Macchine Impianti: Italian engineering firm producing air separation units, cryogenic plants, and compressors for industrial gases including hydrogen, helium, and LNG. Directly competes with Cryo Technologies in custom-engineered cryogenic process systems for the same end markets.

Emerging players

• Hangzhou Hangyang: Major Chinese cryogenic equipment manufacturer producing air separation units and hydrogen/helium liquefaction equipment. A cost-competitive alternative in the same cryogenic process equipment category, with growing global presence.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks6 records

Key highlights7 records

Customer concentration

• Xx.com/Chartind
• YouTubeyoutube.com/user/ChartIndustries
• Facebookfacebook.com/ChartInd
• LinkedInlinkedin.com/company/cryogenic-technologies
• Instagraminstagram.com/chart_industries

Revenue estimate

Valuation estimate

Number of profiles

Profiles1 record

Funding overview

Funding rounds

Investors

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 Cryo Technologies