Noble Gas Systems, a Novi, MI-based supplier of hydrogen gasoline storage tanks, raised $3.5M in Series A funding.
The spherical was led by AP Ventures.
The firm intends to make use of the funds to help commercialization of its 350 bar (5,000 psi) hydrogen storage techniques and to speed up the event of its 700 bar (10,000 psi) expertise.
Led by CEO Chris Kondogiani, Noble Gas is a developer and producer of high-pressure hydrogen gasoline storage tanks, which may accommodate the most typical compressed gases, together with hydrogen, pure gasoline, air, oxygen, and nitrogen. The tank is comprised of a polymer liner, woven reinforcement and protecting outer shell.
The gasoline storage system will be fabricated in a wide range of styles and sizes to be built-in into distinctive and present product configurations. In addition to the transportation trade, it has purposes in protection, aviation, marine and industrial gasoline industries.