Department of Energy Awards $5 Million to Avium to Further Develop High-Performing Electrolyzer Stacks [Yahoo! Finance]
Teledyne Technologies Incorporated (TDY)
Last teledyne technologies incorporated earnings: 4/22 06:55 am
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Source: Yahoo! Finance
the commercialization of low-cost, high-efficiency alkaline water electrolyzer stacks, and strengthen domestic manufacturing and clean energy competitiveness. KANSAS CITY, Kan., May 06, 2024 BUSINESS WIRE )--Avium, an alkaline electrolysis company supported by Tallgrass, receives a three-year, $5 million award from the Department of Energy (DOE). The DOE funding will accelerate the commercialization of robust and reliable alkaline electrolyzers by combining Avium's proven low-cost, high-efficiency catalysts with stacks designed to handle Avium's higher hydrogen production rates. Avium's catalysts and coatings allow alkaline water electrolyzers to outperform other hydrogen production technologies over the long run by regenerating catalysts in the field to maintain high performance over an extended stack lifetime and by enabling direct connection to variable renewable resources. The award will significantly improve the cost-effectiveness of green hydrogen production and will allow a
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TDY
Earnings
- 4/24/24 - Miss
TDY
Sec Filings
- 4/29/24 - Form 10-Q
- 4/25/24 - Form 4
- 4/25/24 - Form 4
- TDY's page on the SEC website