HydrogenXT builds regional blue hydrogen production and distribution units using steam methane reforming (SMR) with 100% carbon capture and integrated compression, storage and distribution (CSD) systems. The company also deploys modular CSD and on-site electricity generation from decarbonized gas, and operates digital tools for fuel-flow and subscription management. HydrogenXT plans rapid North American scale-up to 100 production plants and more than 200 distribution stations, and ultimately to a global network of over 1,000 sites. Management intends to pursue this rollout without relying on federal subsidies. The firm has identified ten initial US sites, with a flagship project in Avenal, California ready to start construction soon, and nine additional locations already selected. HydrogenXT has secured several take-or-pay contracts worth millions and claims a potential pipeline of agreements valued at multiple billions of dollars.

Total raised

$1.9B

Funding rounds

2

Latest round

Debt Financing

Latest activity

Aug 2025