HyAxiom, Inc.
We develop, manufacture and service hydrogen fuel cells and other innovative hydrogen energy solutions for utility, industrial and commercial customers who seek cleaner and more reliable and sustainable energy sources to lower their carbon footprint. We are a leading provider of stationary fuel cell solutions in some of the world’s largest and fastest-growing markets. We are developing next-generation technologies for clean hydrogen production and clean fuel cell solutions for land and maritime transportation. Our mission is to accelerate a carbon-free energy future by delivering a full spectrum of reliable and cost-effective hydrogen solutions.
Company details
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- Business Type:
- Manufacturer
- Industry Type:
- Fuel Cells
- Market Focus:
- Globally (various continents)
This company also provides solutions for other industrial applications.
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Our Story
Our heritage dates back to the Apollo space program of the 1960s, when our fuel cells powered and provided water for the first successful moon landing. While we were a division of the industrial giant United Technology Corporation (UTC), we spent decades developing groundbreaking products to make hydrogen fuel cells a viable way to power the world. We were the first company to commercialize the stationary fuel cell and developed the first hydrogen-powered vehicles.
In 2014, our predecessor entity was acquired by Doosan Group, an energy-focused multinational industrial powerhouse from Korea with more than 125 years of history. HyAxiom, as we are currently named, is a hybrid of two rich legacies, combining expertise in cutting-edge hydrogen technology with a proven track record of upscaling products and businesses to accelerate the adoption of hydrogen-based energy solutions worldwide.
We have been to the moon and back. Literally. Our heritage dates back to the Apollo space missions of the 1960s, when our fuel cells helped power the first successful moon landing. And we haven’t slowed down.
While we were a division of the industrial giant United Technology Corporation (UTC), we were first-in-class in commercializing the stationary fuel cell and developing hydrogen-powered vehicles. We have dedicated decades to building on these groundbreaking firsts in our quest to unlock the next stage of sustainable, carbon-free energy through our hydrogen solution offerings. Our products are designed to be technologically apt for everyday use for our communities and enterprises. In 2014, our predecessor entity (the fuel cell business unit of UTC) was acquired by Doosan Group, an energy-focused multinational industrial powers and a leading multinational conglomerate based in South Korea, with a history of more than 125 years. The acquisition combined UTC’s pioneering heritage in hydrogen fuel cell technology with Doosan’s cutting-edge engineering and large-scale manufacturing expertise. Those capabilities are reflected in our core product, PureCell®, a proprietary phosphoric acid fuel cell (PAFC) power and heat generation unit. HyAxiom, as we have renamed ourselves, deftly combines these two rich legacies: expertise in cutting-edge hydrogen technology and a proven track record of scaled-up knowhow in engineering and mass manufacturing. Building on these foundations, we stand for accelerating worldwide adoption of hydrogen-based clean energy solutions. Some quick facts about Doosan Group as a global leader in energy and mass manufacturing:
- One of the largest global heavy machinery and equipment manufacturers
- One of the most advanced nuclear power equipment makers
- One of the few global large-scale gas turbine manufacturers
- A leading on-shore/off-shore wind turbine and energy storage system manufacturer
Building on our dual DNAs of hydrogen expertise and scaled-up engineering and manufacturing, HyAxiom has become an established market leader in the global hydrogen ecosystem.
We’re accelerating the change toward a carbon-free, sustainable future by developing, manufacturing and servicing dependable and cost-effective hydrogen fuel cells and other innovative hydrogen solutions. We’ve continued to innovate, constantly upgrading our existing products and services as well as developing a new pipeline. As a result of these efforts, we have deployed one of the largest installed bases of stationary fuel cells worldwide. A few HyAxiom firsts and highlights: A few HyAxiom firsts and highlights:
- The first model with hydrogen direct input
- The only known model with interchangeable fuel sources (natural gas, LPG and hydrogen)
- The first and largest direct hydrogen-powered fuel cell plant
- The first double-decker fuel cell power plant
- The largest natural gas fuel cell power plant, currently
- The first and largest LPG fuel cell power plant, currently
We are proud of our accomplishments to date, but our mission is not yet finished. We continue to advance our existing technological competencies and utilize our relationships with customers, governments and strategic partners to further our value proposition across industry sectors and throughout geographic regions. Building on our accumulated expertise in PAFC, we are relentlessly refining our current products and services and expanding our product portfolio across the entire hydrogen ecosystem—and we will do so until we, together with our customers, can reach a net-zero carbon future.
We are actively developing next-generation technologies to target nascent segments across the hydrogen value chain with significant growth potential, including clean hydrogen production and fuel cell solutions for land and maritime transportation applications, such as buses, trucks and heavy-duty specialty vehicles on land, as well as for large vessels for deep-sea voyage.
Our unmatched expertise puts us in a strategic position to increase the speed of development and adoption of these new technologies, just as we did for stationary fuel cells with our PAFC products. We intend to fully leverage the knowledge and experience gained from developing and commercializing our existing technologies in expanding into new next-generation and end-to-end hydrogen applications, including green hydrogen production (both on-grid and off-grid), long-haul maritime propulsion and heavy-duty commercial vehicles, and more.
For our growth and future value propositions, we intend to fully embrace Doosan Group’s supportive relationship and network. Our special relationship with Doosan provides us with key advantages, including advanced engineering and mass manufacturing expertise. We will also benefit from Doosan Group’s global network of customers and strategic partnerships as well as its continued strong government relationships in South Korea and beyond.
In addition, our affiliate, Doosan Fuel Cell Corporation, a publicly listed South Korean corporation and a member of Doosan Group, is a licensee of our PAFC and other upcoming technologies, and markets and distributes our solutions in South Korea.
Our Mission and Values
Our mission is to accelerate a sustainable, carbon-free energy future by delivering a full spectrum of reliable, cost-effective hydrogen-based products and solutions.
Our ValuesOur core values evolve around promoting people, sustainability, innovation and integrity.
We at HyAxiom are committed to treating all our people with genuine care and supporting their growth and development. We believe that that our sustained success can only come through our people working as one team and building on one another. We view the collective passion and collaboration among our people as vital not only to our business growth but to the fulfilment of our shared mission for a cleaner and more sustainable world. We want our people to succeed, as we know from our heart that their success represents our success.
The foremost aim for our business is to create a cleaner and long-term sustainable future for our society through our innovative energy solutions. We believe the increasing social awareness of the dire consequences of climate change and the simmering demand for taking imperative action for the environment are creating unique economic opportunities for sustainability-focused companies like us to bring value to all our stakeholders—whether they be our customers, communities or shareholders. Doing good can also mean doing well, and our entire business model is driven by this firm belief.
To be meaningful, innovation must be more than just new ideas – it has to deliver tangible and positive results. For more than half a century, we have dedicated ourselves to offering pioneering and value-creating hydrogen solutions. We have never been satisfied with the status quo, and are continuing to push ourselves to the limits of innovation to drive value propositions to our customers and communities.
Doing the right thing also requires we do things the right way. We stand for honesty, openness, fairness, reasonableness, respect and dignity, in all our relationships, whether internally or externally. Without integrity, all our hard work will be for naught. We want to be proud of not just what we do, but who we are and what values we stand for.
Our Fuel Cell Technology
A fuel cell is a power generation solution which generates electricity—and, in many cases, heat—through an electrochemical process called oxidation, which involves the interaction between hydrogen (or hydrogen-containing fuel) with oxygen.
A. ANODE
A. ANODE
Fuel containing hydrogen is channeled to the anode, where a catalyst would split the hydrogen atoms into positive hydrogen ions (protons) and negatively charged electrons.
B. ELECTROLYTE
The function of the electrolyte is to allow only the hydrogen ions (but not the electrons) to pass through it to the cathode. The hydrogen ions travel from the anode to the cathode through the electrolyte.
C. CATHODE
At the cathode, the hydrogen ions that pass through electrolyte combine with oxygen in the air to form water.
D. ELECTRICITY
Electrons travel along an external circuit, generating an electrical current.