HYPION GmbH

What HYPION GmbH does

HYPION GmbH is a German project developer and service provider for integrated hydrogen economies, headquartered in Kiel and operating primarily in Schleswig-Holstein. Founded in November 2019 as a joint venture between IPP Projects GmbH, Entwicklungsagentur Region Heide AöR, and EDF Deutschland GmbH (with HanseWerk AG joining in 2021), the company became independently managed by its executive board on 20 December 2024 after both EDF and HanseWerk divested their stakes. The company operates one of only a handful of publicly accessible hydrogen refueling stations in Germany — the H2-Tankstelle Neumünster, which opened on 30 November 2023 as Europe's first AFIR-compliant hydrogen station and offers parallel 350 bar and 700 bar dispensing at a capacity of up to 2,160 kg H2 per day.

The company's core technology and service portfolio spans the full hydrogen value chain: production, logistics (three 40-foot MEGC transport containers from Hexagon Purus/Wystrach), dispensing (Resato hardware), and end-use applications across mobility, industry, and maritime sectors. Beyond station operations, Hypion generates revenue through professional services — including feasibility studies, techno-economic planning, permitting support, and project management — for clients such as Pano Verschluss GmbH (industrial heat substitution), the City of Neumünster (waste collection vehicle), and various federal/state-funded R&D consortia (HyPLANT100, HyPerformer II with ~€25M project volume, hyBit at ~€30M, H2HubMar). Approximately €10M in BMDV federal grants has been secured across the Neumünster and Lübeck stations, with Lübeck commissioning targeted for end of 2025.

Hypion monetizes through three revenue streams: (1) project development services and consulting fees paid by enterprise and public-sector clients, (2) per-kilogram hydrogen fuel sales at €12.25/kg (350 bar) and €12.99/kg (700 bar) plus an annual €60 Hypion Fleet Card fee, and (3) participation in multi-partner R&D projects funded by BMBF and BMDV. The go-to-market is consultative and project-based, targeting commercial fleet operators (logistics, retail, construction), industrial companies, and municipal entities across Northern Germany. The company is small (9 employees) and run by CEO Dr. Stefan Rehm and CFO Frederic Pfeffer, with a customer base anchored to a consortium of committed fleet operators (EDEKA Nord, Netto Marken-Discount, Herbert Voigt, F.A. Kruse jun., Ernst Krebs) that pre-negotiated hydrogen offtake to underwrite the Neumünster station.

Name

HYPION GmbH

Legal name

HYPION GmbH

Website

https://hypion.eu

Company type

Private

Founded year

2019

Operating status

Operating

Headcount range

1–10 employees

Short description

HYPION GmbH is a German hydrogen project developer founded in 2019 that operates hydrogen refueling stations and orchestrates integrated hydrogen economy projects for fleet operators, industrial companies, and municipal customers across Northern Germany.

Ownership category

akta.pro rank

Product category

Hydrogen Infrastructure Services

NAICS

Electric Power Generation (22111), Air and Gas Compressor Manufacturing (333912)

SIC

Water, Sewer, Pipeline, Comm & Power Line Construction (1623), Oil & Gas Field Services, Nec (1389)

akta.pro primary industry

Hydrogen (Industrial & Mobility) (IMAEACAB)

akta.pro secondary industries

Hydrogen Storage Operations, Maintenance & Asset Management Services (EUAFAEAL), Hydrogen Production Supply & Offtake (Green/Blue H2) for Utility Blending (EUAJAJAF), Hydrogen & Derivative Fuels for Industry (H₂, Ammonia, Methanol) (EUABAJAC), Hydrogen Distribution Pipelines (Local/Regional Networks) (TLAGAGAB)

Keywords

• Hydrogen refueling stations
• Green hydrogen logistics
• Project development services
• Integrated hydrogen economy
• Hydrogen infrastructure planning

Headquarters

HQ city

Kiel

HQ country

Germany

HQ region

Europe

Offices1 record

Markets served

GTM type

B2B

Offering type

Services

Cost components

Personnel, Operations, Infrastructure, Technology or R&D, Marketing or Sales

Revenue model

1. Project Development Services: Hypion develops, plans, and orchestrates integrated hydrogen projects from concept through investment-ready proposals, including feasibility studies, technical-economic due diligence, permitting support, and project management. Revenue is earned through professional services contracts and project development fees.
2. Hydrogen Station Operations & Fuel Sales: Hypion operates the hydrogen refueling station in Neumünster (via Hypion Motion Neumünster HRS GmbH), selling 100% green hydrogen to fleet operators and individual customers. Revenue is generated through per-kilogram hydrogen sales at 12.25 €/kg (350 bar) and 12.99 €/kg (700 bar), with additional fleet card fees.
3. Integrated Hydrogen Economy Consulting: Broad service offerings including sector-coupling strategies, site assessments, stakeholder orchestration, regulatory navigation, and techno-economic planning for hydrogen production, distribution, and consumption infrastructure.

Pricing tiers

Go-to-market motion1 record

Distribution channels1 record

Marketing channels3 records

Core offering

HYPION GmbH develops, plans, and operates integrated hydrogen economy projects in Northern Germany, encompassing hydrogen production, transport, distribution, and end-use applications. Its core products are publicly accessible hydrogen refueling stations (Neumünster and Lübeck), complemented by project development services including feasibility studies, techno-economic planning, permitting support, and consortium orchestration for fleet operators, industrial companies, and municipalities.

Product overview

HYPION GmbH operates as a project developer and service provider for integrated hydrogen economies, offering hydrogen refueling station infrastructure and comprehensive project development services. The portfolio includes two operational hydrogen refueling stations (H2-Tankstelle Neumünster and H2-Tankstelle Lübeck), alongside multiple research and development projects including HyPLANT100 (large-scale electrolyzer automation), HyPerformer II (hydrogen hub in Rügen-Stralsund), hyBit (Bremen industrial transformation), and H2HubMar (maritime supply concept). The company also provides feasibility studies and consulting services for hydrogen infrastructure development.

Differentiator

Problem solved

Functional benefit

Products and services

• H2-Tankstelle Neumünster Publicly accessible, 24/7 automated hydrogen refueling station for heavy-duty trucks, buses, and passenger cars in Neumünster, Germany. Features two 350 bar dispensers and one 700 bar dispenser with combined capacity of up to 2,160 kg H2 per day, enabling parallel refueling of heavy-duty vehicles and passenger cars. The first AFIR-compliant hydrogen station in Europe.
• H2-Tankstelle Lübeck Hydrogen refueling station for heavy goods vehicles in Lübeck, Germany, with capacity of up to 2,000 kg H2 per day. Being developed in partnership with MB Energy (formerly Mabanaft) and integrated into Staack Pooltankstellen's network, planned for commissioning at end of 2025 near the A1/A20 motorway junction.
• Hydrogen Project Development Services Comprehensive project development services for integrated hydrogen economies covering production, transport, distribution, and consumption along the entire value chain. Includes feasibility studies, site assessments, sector-coupling strategies, stakeholder orchestration, regulatory navigation, permitting support, and techno-economic planning for fleet operators, industrial companies, and municipalities.
• Feasibility Study — Pano Verschluss GmbH Feasibility study investigating replacement of natural gas with renewable hydrogen in industrial drying processes at the Pano Verschluss GmbH Itzehoe site, completed September 2022 to May 2023 with a successful field test.
• Feasibility Study — Wasserstoffnetz Westküste Feasibility study for hydrogen economy development on the West Coast of Schleswig-Holstein, examining mobility sector demand and stakeholder involvement, conducted September–December 2020 for Wirtschaftsförderungsgesellschaft Nordfriesland mbH.

Quantifiable outcome

• Up to 2,160 kg H2 dispensing capacity per 24 hours at the Neumünster station
• +3 more outcomes

Named customers7 records

Segments4 records

Ideal customer profiles3 records

Technology focussed Yes

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature2 records

Partnerships

14 partnerships are on record, tiered minor and core.

• CAPTN Energy ConsortiumminorStrategic or Co-development Partner · 1 September 2025Hypion is a partner in the CAPTN Energy consortium, contributing H2-based solutions for maritime energy supply as part of the H2HubMar project (September 2025–August 2027). The project develops a holistic supply concept for hydrogen in maritime applications between the North Sea and Baltic Sea, with Kiel as the model location.
• Mabanaft / MB EnergycoreStrategic or Co-development Partner · 27 March 2025Mabanaft (now MB Energy) became the sole investor for the Lübeck hydrogen station project in November 2024, following Hypion's development of the project to investment readiness. The station (up to 2,000 kg/day capacity) is being integrated into Staack Pooltankstellen's network, with commissioning planned for end of 2025 near the A1/A20 junction. Hypion is providing project management and construction supervision.
• KEYOUminorStrategic or Co-development Partner · 5 February 2025KEYOU and Hypion signed a letter of intent for cooperation. KEYOU plans to deliver 40t trucks with hydrogen combustion engines to customers in the Neumünster/Schleswig-Holstein/Hamburg region via its 'H2 Mobility as a Service' offering, using Hypion's Neumünster station. Fleet operators benefit from toll savings of up to 30,000 euros/year.
• hylane GmbHminorChannel Partner/ Reseller/ Distributor · 29 August 2023hylane GmbH (Cologne) leases fuel cell trucks to logistics companies, including supplying the Hyundai XCIENT FuelCell to Herbert Voigt for use at the Hypion Neumünster station. Acts as a vehicle rental/financing intermediary in the hydrogen mobility ecosystem.
• HyPerformer II: Rügen-Stralsund ConsortiumminorStrategic or Co-development Partner · 26 April 2023Hypion is a key partner in the HyPerformer II project (Rügen-Stralsund region), covering infrastructure development, project management, and techno-economic planning across the hydrogen value chain. The project (~25 million euros total, 15 million euros BMDV-funded) integrates hydrogen into transport via 12 hydrogen buses and fuel cell trucks.
• POHL-GruppeminorImplementation/ SI/ Consulting Partner · 13 February 2023POHL-Gruppe led the civil engineering and construction work for the hydrogen refueling station in Neumünster, beginning in February 2023.
• Hexagon Purus / Wystrach GmbHcoreTechnology or Integration · 24 November 2022Supplier of three 40-foot hydrogen transport containers (MEGCs — Multi-Element-Gas-Containers), each with ~1,000 kg H2 capacity, ordered by Hypion Motion Neumünster GmbH & Co. KG. The containers, worth ~2.2 million euros and delivered in 2024, enable optimized hydrogen logistics and distribution for the Neumünster H2-Hub.
• hyBit — University of Bremen and 19 Consortium PartnersminorStrategic or Co-development Partner · 1 November 2022Hypion supports the hyBit project (BMBF-funded, ~30 million euros, 19 partners from science and industry) focused on developing a hydrogen economy in Northern Germany with emphasis on Bremen's industrial transformation. Hypion's role includes techno-economic planning support and model development.
• Resato Hydrogen Technology BVcoreTechnology or Integration · 14 September 2022Dutch technology supplier providing hydrogen dispensing equipment for the Neumünster station. Resato supplied two 350 bar dispensers and one 700 bar dispenser, with equipment delivered in May 2023. A letter of intent was also signed to build a network of at least 10 heavy-duty hydrogen stations in Schleswig-Holstein and Northern Germany.
• HyPLANT100 — H2Giga Flagship Project Partners (TUHH, FEST GmbH, Development Agency Region Heide AöR)minorStrategic or Co-development Partner · 1 April 2021HyPLANT100 is a BMBF-funded project (April 2021–December 2025) developing automated assembly and installation processes for large-scale water electrolyzers. Hypion contributes simulation of installation structures for large-scale electrolyzer systems.
• Wirtschaftsförderungsgesellschaft Nordfriesland mbH / Westcoast Regional CooperationminorImplementation/ SI/ Consulting Partner · 1 September 2020Hypion (alongside IPP ESN Power Engineering GmbH and BBG und Partner Rechtsanwälte) conducted a feasibility study (September–December 2020) examining regional hydrogen economy development paths for the West Coast of Schleswig-Holstein.
• IPP Projects GmbHcoreStrategic or Co-development Partner · 1 November 2019Founding shareholder and joint venture partner of Hypion GmbH. IPP Projects GmbH contributed regional engineering expertise as the basis for the company's formation in November 2019.
• Entwicklungsagentur Region Heide AöR (EARH)coreStrategic or Co-development Partner · 1 November 2019Founding shareholder (via the Entwicklungsagentur Region Heide AöR) and joint venture partner. Contributed regional development agency functions to support local hydrogen economy development in Schleswig-Holstein.
• EDEKA Nord, EDEKA AG, Ernst Krebs, Herbert Voigt, Netto Marken-Discount, Clean Logistics SE, MBA Neumünster, Christian Carstensen, Henry Kruse (IGEFA)coreStrategic or Co-development Partner · 1 July 2019Core consortium partners of the H2Hub Neumünster initiative, established from July 2019. These companies committed to deploying hydrogen fuel cell trucks and formed the demand foundation for the hydrogen station. EDEKA Nord, Herbert Voigt, and Netto Marken-Discount have since deployed hydrogen trucks. The consortium represents committed, pre-negotiated hydrogen offtake.

Scale indicators5 records

Recent moves6 records

Expansion highlights5 records

Direct peers

• H2 MOBILITY Deutschland: Germany's largest hydrogen refueling station operator, building a nationwide public H2 network. Directly comparable to Hypion in operating public HRS infrastructure and selling green hydrogen to fleet operators, but with substantially greater scale and a national footprint.
• Everfuel A/S: Nordic hydrogen infrastructure developer and station operator integrating green hydrogen production, distribution, and dispensing. Comparable end-to-end business model and a geographic neighbor in Northern Europe / Germany-adjacent markets.

Broad incumbents

• Linde plc: Global industrial gases major producing, distributing, and dispensing hydrogen at scale. Comparable across the hydrogen value chain (production, logistics, end-use), but with a globally diversified industrial gases portfolio well beyond German hydrogen mobility.
• Shell Hydrogen / Shell Mobility: Global energy major investing in hydrogen refueling networks across Europe. Overlaps with Hypion at the heavy-duty HRS layer, but operates as part of a much broader fuels and energy portfolio rather than as a specialized hydrogen project developer.
• Air Liquide: Industrial gas and hydrogen incumbent with extensive European hydrogen production, pipeline, and refueling infrastructure. Comparable in hydrogen value chain coverage, with substantially larger scale and longer operating history.
• TotalEnergies (Hydrogen): Integrated energy major developing hydrogen production and refueling infrastructure in Europe. Comparable at the H2 station and green hydrogen supply layer, but pursuing parallel investments in electrolysis, e-fuels, and offshore wind.

Emerging players

• Nel ASA: Norwegian hydrogen equipment specialist producing electrolyzers and hydrogen fueling stations. Adjacent rather than directly competing — Nel supplies the dispensing hardware that Hypion integrates — but competes for the same end-customer hydrogen mobility value chain.
• Resato Hydrogen Technology: Dutch supplier of high-pressure hydrogen refueling equipment — already a core technology partner to Hypion for Neumünster. Comparable in the hydrogen dispensing stack, with strategic overlap through Hypion's LOI to build 10+ heavy-duty HRS in Schleswig-Holstein.
• AP Møller-Mærsk (Green Hydrogen / Maritime): Global shipping major investing in green fuels and hydrogen for maritime decarbonization. Comparable in the maritime hydrogen application layer where Hypion is building the H2HubMar concept for North Sea / Baltic shipping.
• Hylane GmbH: Cologne-based fuel cell truck-as-a-service provider that supplies Hyundai XCIENT trucks to logistics fleets (including Herbert Voigt at Hypion's Neumünster station). Closely coupled to Hypion through the H2Hub Neumünster consortium.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat4 records

Key risks7 records

Key highlights7 records

Customer concentration

• LinkedInlinkedin.com/company/hypion-gmbh

Revenue estimate

Valuation estimate

Number of profiles

Profiles7 records

Subsidiaries2 records

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 HYPION GmbH