Noble Gas Systems Receives $3.5 Million in Series A Funding
Noble Gas raised $3.5 million in funding–supporting commercialization of our 350 bar hydrogen storage systems and accelerate the development of our 700 bar technology.
Globally, the transportation industry is being required to develop low- and zero-emission solutions because of government regulations and consumer demand. Hydrogen fuel cell and compressed natural gas are enabling technologies allowing vehicles to achieve zero emission requirements while addressing challenges such as range, duty cycle and refueling speed. The Conformable Compressed Gas Storage System addresses the storage challenge, efficiently and safely storing compressed hydrogen fuel onboard a vehicle without impacting passenger or cargo space.
Our regulations compliant tanks allow for the flexibility, strength, and safety that is required in the automotive industry where the main goal is to store as much energy onboard as possible in a scalable, sustainable matter at the lowest cost.
The Noble Gas high-pressure tank systems offer a lightweight solution for the aviation industry where modularity and flexibility are required since space cannot be afforded from the current cargo and passenger volumes.
Many industries including industrial, chemical, energy, etc. are looking for options to store as much compressed gas on-site as possible. Our bulk storage systems not only store more gas, but they are more economical, safer, weigh less, and are easier to install and maintain.
Other emerging markets like maritime, defense, and agriculture are looking to store the maximum amount of compressed gas for the lowest cost. Our tank solutions do just that, from portable to stationary options, allowing for a more efficient storage and transportation solution.
Noble Gas raised $3.5 million in funding–supporting commercialization of our 350 bar hydrogen storage systems and accelerate the development of our 700 bar technology.
Noble Gas Systems‘ Conformable High-Pressure Hydrogen Tank Named in the 2021 Automotive News PACEpilot Innovations to Watch.
Noble Gas’ solution not only addresses the storage challenge, but efficiently and safely stores compressed hydrogen or CNG fuel onboard a vehicle without impacting passenger or cargo space.