
Lhyfe
Founded Year
2018Stage
IPO | IPOTotal Raised
$97.02MDate of IPO
5/23/2022Market Cap
0.39BStock Price
5.82About Lhyfe
Lhyfe (EURONEXT: LHYFE) specializes in the production of green and local hydrogen. Lhyfe is a player in the renewable hydrogen for the decarbonization of mobility and industry. Lhyfe serves the green market. It was founded in 2018 and is based in Nantes, France.
Expert Collections containing Lhyfe
Expert Collections are analyst-curated lists that highlight the companies you need to know in the most important technology spaces.
Lhyfe is included in 3 Expert Collections, including Renewable Energy.
Renewable Energy
2,920 items
Companies in the Renewable Energy space, including solar, wind, hydro, geothermal, and nuclear energy providers, as well as related software developers.
Energy Storage
1,238 items
Companies in the Energy Storage space, including those developing and manufacturing energy storage solutions such as lithium-ion batteries, solid-state batteries, and related software for battery management.
Hydrogen Energy Tech
768 items
Companies that are engaged in the production, utilization, or storage and distribution of hydrogen energy. This includes, but is not limited to, companies that manufacture hydrogen, those that convert hydrogen into usable energy, and those that store and distribute hydrogen.
Latest Lhyfe News
Sep 28, 2023
September 28, 2023 (Investorideas.com Newswire) This clean technology company says one of its portfolio companies has seen strong results with a new catalyst for making "green" hydrogen for the new economy. Read to see the news and why some experts like this company's stock. The new catalyst demonstrated a lifetime of more than 25,000 hours vs. 1,000 to 1,500 hours for current iridium-free catalysts during durability tests, Jericho said. "This represented a significant milestone on H2U's path to addressing bottlenecks in the sustainable hydrogen supply chain," Atrium Research analyst Nicholas Cortellucci wrote in an updated research note. He maintained his Buy rating with a CA$0.50 per share target price. The company also recently announced that its European Union partner, Exogen Hydrogen Solutions, has signed a memo of understanding with Lhyfe to offer decarbonization solutions for industrial steam, district heating, and mobility solutions powered by green hydrogen on that continent. Lhyfe will supply hydrogen to steam plants that include Jericho subsidiary Hydgrogen Technologies' Dynamic Combustion Chamber™ or DCC™ boiler. The U.S. Patent and Trademark Office also recently approved a patent for the boiler, with two more still pending as it begins to take orders. "JEV stock is down 23% from its high of (CA)$0.33/share in July, while the Company has only reported progressively strong announcements," Cortelluci wrote on Tuesday. "As such, we view the pullback as a buying opportunity ahead of boiler sales orders." The world's energy suppliers are scaling up electrolyzer manufacturing as hydrogen is pushed as a clean and safe alternative to fossil fuels. It's the most abundant molecule in the universe, but it doesn't occur by itself naturally on Earth and must be separated from water or hydrocarbon carbons using electrolyzers. Contemporary electrolyzer designs use rare and costly platinum-group metals like iridium. Newsletter writer Clive Maund of CliveMaund.com wrote for Streetwise Reports that hydrogen "is a fuel of the future" and that Jericho is "moving with the times." The Catalyst: Cheaper, More Available H2U's catalysts are cost-effective and more available than iridium, Jericho said. "Utilizing these affordable alternatives expands the possibilities for electrolyzer stack design, enabling H2U to explore avenues unrestricted by ultra-thin catalyst layers and low usage of catalysts," the company noted. "H2U believes this flexibility should significantly reduce capital expenses, producing more affordable delivered hydrogen." JEV co-led H2U's Series A financing in 2021 and has an appointment on its Board of Directors. It's difficult to discover non-iridium catalysts because new materials often degrade rapidly under the harsh acidic conditions needed for the process, Jericho said. "With a baseline of over 4,000 hours of continuous operation thus far, H2U's iridium-free catalysts, tested at 10x higher current density, are demonstrating projected lifetimes of over 25,000 hours," the release said. "H2U catalysts are projected to last at least six years for targeted applications, such as in PEM electrolyzers paired with curtailed renewables." 'First Mover in Its Category' Jericho recently announced a partnership with Exogen and the Sofinter Group to build, implement, and service a new complete hydrogen steam plant, the HSP3000, that can permanently eliminate the CO2 equivalent of about 5,000 cars. The partnership between Exogen, which is offering the final integrated product that comes pre-assembled in container-sized units, and Lhyfe "paves the way for a new type of ecosystem and vast markets for green and renewable hydrogen," Lhyfe said in a release. The product and partnership should also have a positive effect on Hydrogen Technologies' sales in the second half of the year, as the company recently announced its first sale of a DCC™ boiler system to a prominent anonymous university, Cortellucci wrote in a research note. "This (sale) . . . positions JEV as a key industry leader and a first mover in its category," Cortelluci wrote. The National Inflation Association predicted Jericho would be one of the market's largest percentage gainers in 2023, reaching "levels that are many times higher than today." Jericho was also awarded the Solar Impulse Foundation's "Solar Impulse Efficient Solution" label for the DCC boiler. The label seeks to identify solutions that hit high standards in profitability and sustainability. Near-Zero Greenhouse Gas Emissions "Hydrogen generates electrical power in a fuel cell, emitting only water vapor and warm air," the agency wrote. "It holds promise for growth in both the stationary and transportation energy sectors." The world will need more hydrogen technology and projects to meet a net-zero emissions scenario by 2050, according to the International Energy Agency . "Faster action is required on creating demand for low-emission hydrogen and unlocking investment that can accelerate production scale-up and deployment of infrastructure," the agency wrote. It's also a "uniquely versatile energy carrier," according to a report by the Hydrogen Council. "It can be produced using different energy inputs and different production technologies. It can also be converted to different forms and distributed through different routes — from compressed gas hydrogen in pipelines through liquid hydrogen on ships, trains or trucks, to synthesized fuel routes." [OWNERSHIP_CHART-7025] The National Inflation Association predicted Jericho would be one of the market's largest percentage gainers in 2023, reaching "levels that are many times higher than today." Jericho was also awarded the Solar Impulse Foundation's "Solar Impulse Efficient Solution" label for the DCC™ boiler. The label seeks to identify solutions that hit high standards in profitability and sustainability. Ownership and Share Structure Around 35% of Jericho's shares are held by management, insiders, and insider institutional investors, the company said. They include CEO Brian Williamson, who owns 1.25% or about 3.1 million shares; founder Allen William Wilson, who owns 0.79% or about 1.97 million shares; and board member Nicholas Baxter, who owns 0.46%, or about 1.14 million shares, according to Reuters. Around 10% of shares are held by non-insider institutions, and 65% are in retail, the company said. JEV's market cap is CA$64.52 million, and it trades in a 52-week range of CA$0.44 and CA$0.21. It has 248.14 million shares outstanding and 178.38 million floating. More Info: This news is published on the Investorideas.com Newswire - a global digital news source for investors and business leaders Disclaimer/Disclosure: Investorideas.com is a digital publisher of third party sourced news, articles and equity research as well as creates original content, including video, interviews and articles. Original content created by investorideas is protected by copyright laws other than syndication rights. Our site does not make recommendations for purchases or sale of stocks, services or products. Nothing on our sites should be construed as an offer or solicitation to buy or sell products or securities. All investing involves risk and possible losses. This site is currently compensated for news publication and distribution, social media and marketing, content creation and more. 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Lhyfe Frequently Asked Questions (FAQ)
When was Lhyfe founded?
Lhyfe was founded in 2018.
Where is Lhyfe's headquarters?
Lhyfe's headquarters is located at 182 rue paul belamy, Nantes.
What is Lhyfe's latest funding round?
Lhyfe's latest funding round is IPO.
How much did Lhyfe raise?
Lhyfe raised a total of $97.02M.
Who are the investors of Lhyfe?
Investors of Lhyfe include Mitsui, Ovive, SFLD, Andera Partners, SyDEV and 9 more.