In New York, Amogy announced the opening of a new office in Pangyo, South Korea to advance its ammonia-based power solutions for shipping and industry, citing the country’s strong policy support and established supply chains. Backed by $56 million in venture financing, the expansion places Amogy closer to key partners, including SK Innovation, Samsung Heavy […]
In New York Amogy announced on January 15 it raised $56 million in new funding to advance its ammonia-to-power solutions for maritime and industrial applications. The round, co-led by Aramco Ventures and SV Investment, brings its total funding to over $270 million. New backers like Samsung Heavy Industries and BHP Ventures joined returning investors, including […]
In New York, Amogy successfully completed the maiden voyage of the NH3 Kraken, the world’s first carbon-free, ammonia-powered maritime vessel, sailing on a Hudson River tributary near New York City as a demonstration of its proprietary ammonia-to-power technology. The vessel, originally built in 1957 and retrofitted with Amogy’s ammonia-to-electrical power system, marks a pivotal advancement […]
In New York, Amogy has joined forces with HD Korea Shipbuilding & Offshore Engineering POSCO Holdings, Seoul National University, and the American Bureau of Shipping to develop an innovative offshore ammonia cracking solution. This collaboration aims to deliver clean, low-cost hydrogen fuel by leveraging ammonia as a hydrogen carrier. Ammonia, with its 2.7 times higher […]
In Germany during the SMM trade fair in Hamburg, South Korea’s HD KSOE EcoPhin and U.S.-based Amogy announced a new partnership to advance ammonia-powered solutions in the maritime sector. This collaboration will focus on integrating HD KSOE EcoPhin’s eco-friendly propulsion systems with Amogy’s ammonia-to-electrical power technology, aiming to provide a turn-key solution for the electrification […]
In New York state, Infinium and Amogy Inc. (Amogy), a pioneer of carbon-free, energy-dense power solutions, have entered into a memorandum of understanding (MOU) to explore opportunities to integrate their technologies and develop commercial applications across the eFuels and green ammonia value chain. Infinium and Amogy are also exploring collaborations with both Mitsubishi Heavy Industries […]
