Hydrolite

Company Overview

Snapshot

Founded in May 2016 by Dr. Ervin Tal Gutelmacher, Hydrolite operates with 11–50 employees. The company has secured $60.62M across three funding rounds. In May 2016, Hydrolite received initial funding from Elbit Systems.

Business overview

Hydrolite specializes in net-zero carbon power solutions through hydrogen-based technologies, focusing on power-to-hydrogen (electrolyzer) and hydrogen-to-power (fuel cell) devices. The company leverages alkaline exchange membrane (AEM) technology, featuring proprietary membrane, electrode, and stack designs, supported by a portfolio of patents. Hydrolite's offerings are applicable across various sectors, including stationary backup power systems, hybrid energy banks, range extenders, micro-grids, and long-period energy storage, aiming to enhance grid reliability and reduce reliance on fossil fuels. The company operates within the Energy Tech sector, specifically addressing clean energy generation and hydrogen solutions.

Strategic signal

In September 2023, Hydrolite, a subsidiary of Elbit Systems, was reportedly in discussions for the export and commercialization of its hydrogen fuel technology. This indicates growing international interest and potential market expansion for Hydrolite's AEM technology, signaling strong commercial validation and a pathway to broader adoption in the global clean energy market.

Company Intelligence Q&A

When was Hydrolite founded and by whom?

Hydrolite was founded in May 2016 by Dr. Ervin Tal Gutelmacher.

What is Hydrolite's core technology?

Hydrolite's core technology is based on alkaline exchange membrane (AEM) for power-to-hydrogen (electrolyzer) and hydrogen-to-power (fuel cell) devices, featuring proprietary membrane, electrode, and stack designs.

What was a key development for Hydrolite in September 2023?

In September 2023, Hydrolite, a subsidiary of Elbit Systems, was reported to be in discussions for the export and commercialization of its hydrogen fuel technology.