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January 24, 2024
The aim of this multi-party commitment is to initiate discussions exploring the potential cooperation for integrating Novacium’s new hydrogen production system (refer to the press release of September 7, 2023) into ARQUUS company vehicles.
Within the Volvo Group, ARQUUS is a company engaged in the design, development, manufacturing, marketing, and support of tactical and logistic vehicles, whether armored or not, along with their associated equipment. These products are tailored to meet the requirements of armed and security forces, both in France and internationally.
HARNESSING HYDROGEN POTENTIAL WHILE ELIMINATING LIMITING FACTORS
Unlike traditional electrolysis-based hydrogen production systems, Novacium’s process operates without the need for electricity, extensive storage, and complex transportation infrastructure, offering a truly autonomous solution. Furthermore, the hydrogen produced by the chemical process directly reaches industry-standard pressure levels, typically ranging from 200 to 1,000 bars.
“This innovative approach aims to unlock the hydrogen stored in water using eco-friendly and low-cost alloys, providing an alternative, safe, and efficient means of hydrogen production,” said Mr. Jed KRAIEM PhD, COO of Novacium. “We are confident that our simple and secure method of hydrogen production will unlock the potential of hydrogen as a safe and clean on-site energy source for a variety of industrial and military applications.”
The dual-application process, designed for military and civilian uses, addresses potential clients, like ARQUUS, need for a low-carbon footprint, on-demand, high-pressure autonomous hydrogen production system deployable anywhere globally, even under off-grid conditions, with safety as a top priority.
“The signing of this multi-party commitment with the ARQUUS Company represents a first step in the commercialization of Novacium’s hydrogen manufacturing process. We are excited about its potential to transform hydrogen’s role, as safe and clean energy on-site source in various industrial applications,” said Mr. Bernard Tourillon, President and CEO of NOVACIUM SAS and HPQ Silicon Inc.
“Hydrogen: an opportunity for France and its armed forces. The energy transition to hydrogen is a real windfall for France. It offers major economic opportunities, strengthens the country’s energy sovereignty and renews the techno-industrial training capacity of the Armed Forces,” said Mrs. Nathalie MAZEAU, LN INNOV’ CEO. “With its experience in autonomous energy systems, LN INNOV’ wishes to democratize this technology through its simplified use and logistics, essential markers for its success.
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