GenCell achieved lab results indicating Faradaic efficiency of 50% in its green ammonia synthesis process compared to 25% efficiency.
The company’s “novel process” synthesizes green ammonia directly from water at very low temperature and pressure in comparison to the traditional green ammonia production processes.
Rami Reshef, CEO and Co-Founder of GenCell, said, “This breakthrough technology will increase the availability of green ammonia for the traditional ammonia consumption market sectors which we are familiar, namely energy, agriculture, maritime, aviation and semiconductors.
“We see great business potential associated with this scientific breakthrough and are acting to complete the development of this valuable technology together with our partner, TDK Corporation.”
TDK Corporation has announced its intention to exercise its right to continue to invest in the project and has made additional significant progress in the development process which has exceeded the initial expectations of the company.
