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H2Store acquired University of Queensland spinout Hydrexia in 2021, and is developing hydrogen storage systems based on proprietary magnesium hydrides.  H2Store merged with Hyfun in 2022, a Shanghai-based company supplying hydrogen filling stations Hydrexia had developed prototypes for the industrial hydrogen storage market that address storage requirements from 10-150 kg. These products can replace traditional pressurised gas systems (either pallets of manifolded cylinders, or tube trailers) and demonstrate advantages such as improved safety & handling, smaller footprint and better matching of customer usage needs. The total industrial hydrogen storage market (served by pallets, tube and tanker trailers) is estimated at USD200-500 million per annum.

 

Awards & recognition:

• Hydrexia was named the Asia Pacific Company of the Year 2013 at the Cleantech Group’s Global Cleantech 100 Awards.
• Hydrexia Pty Ltd won a High Commendation in the Research and Development category at the Engineers Australia Queensland Engineering Excellence Awards 2012.