Friday, May 06, 2005

Hydrogen: HyRadix raises additional capital

HyRadix announced today that they have raised an undisclosed amount of capital from Koch Genesis Company, LLC, SAM Sustainable Asset Management, and Caisse de depot et placement du Quebec. The Des Plaines, IL company is positioning itself to provide residential and commercial hydrogen fuel cell refueling stations once fuel cell vehicles become more available, but in the meantime HyRadix is also selling hydrogen reformers to industrial customers who need high-purity hydrogen for their processes.


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