Led · Equity · Mar 2026

Aurora Hydrogen develops a patented microwave-driven methane pyrolysis process that produces low-cost hydrogen and a valuable solid carbon co-product while avoiding CO₂ capture and storage. Its modular, scalable systems are designed for distributed deployment within ports, vessels, industrial hubs and logistics centers to supply low-carbon hydrogen where it is needed. The company has demonstrated technical performance—achieving 99% microwave absorption and over 85% natural gas-to-hydrogen conversion in multiple campaigns—and is optimizing a demonstration plant for continuous production. Aurora is targeting commercial operations in 2027 and plans to use recent funding to advance maritime applications and commercialization. Financially, Aurora has raised $14 million to date from investors including Oldendorff Overseas Investments, EIC Rose Rock, Energy Innovation Capital, Williams, Chevron Technology Ventures and Shell Ventures, and has received roughly $10 million from Canadian government and grant programs.