In New York, Amogy, a provider of ammonia-to-power solutions, announced the expansion of its operations into South Korea with the opening of an office in the Pangyo Techno Valley. By establishing this formal presence in South Korea, Amogy will be in close proximity to established investors and partners, including SK Innovation, Samsung Heavy Industries, HD Hyundai, Hanwha,SV Investment and Korea Zinc. It also brings the company closer to key maritime and hydrogen technology supply chains, positioning it for growth and commercialization following the latest successful demonstration of its technology in a maritime vessel. “Under the significant regulatory support for its hydrogen economy, South Korea’s network of world-class organizations in manufacturing, maritime, and hydrogen and ammonia technologies has already been instrumental in accelerating Amogy’s growth,” said Seonghoon Woo, CEO and co-founder of Amogy. “This expansion lays the foundation for even stronger roots in a region that will continue to be critical for Amogy as we bring our solutions to the market. Together with our partners and investors in the region, we are dedicated to advancing South Korea’s vision of carbon-free power and heavy industry decarbonization, driving its economic growth and leadership throughout the energy transition.”
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