HSL Technologies

Business venturing

Exolum invests in and actively collaborates with startups and technology-based companies that present disruptive and innovative proposals in projects related to Exolum’s areas of interest in relation to the Energy Transition. This strategy forms part of Exolum’s ambitious Open Innovation plan aimed at establishing strategic alliances that allow the company to incorporate new technologies, knowledge and talent in its initiatives in the area of decarbonisation.

 

HSL Technologies is a French start-up engaged in developing a molecule to transport and store hydrogen in a simple, efficient, innovative and economically viable way. HydroSil, the technology patented by HSL Technologies, aims to overcome one of the biggest challenges for the adoption of hydrogen by the market, transporting and storing it safely and sustainably on a large scale. It is a process that allows hydrogen molecules to be loaded onto a silica-based liquid support, from which the hydrogen can be released on demand. This carrier is stable and can be safely transported and stored in existing infrastructures at ambient pressure and temperature. This technology requires energy to bind the hydrogen in the carrier, but none to release it, unlike other existing solutions, meaning it could have industrial applications that will disrupt the market entirely.

 

Exolum is a shareholder in the French company, whose investors also include companies such as Equinor Ventures, EDP Ventures and the European Innovation Council, the largest deeptech investment fund created by the EU to support startups.

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