Government of Canada invests over $3.5 million to support growth of clean hydrogen in Owen Sound

Source: Scott Dunn | · OWEN SOUND SUN TIMES · | September 13, 2023

Hydrogen Optimized to accelerate production of cutting-edge sustainable technology

Source: Filomena Tassi, Minister responsible for the Federal Economic Development Agency for Southern Ontario, or FedDev Ontario, announced a $3.5-million loan to Hydrogen Optimized in Owen Sound, Ont. Thursday, Sept. 7, 2023. (Scott Dunn/TheSun Times/Postmedia Network)

As the world moves towards net-zero emissions, Canada is positioned to become a leading producer, user, and exporter of clean hydrogen. With so many natural resources, a talented workforce, and a strong pool of innovators, the stage is set for success. Hydrogen Optimized Inc. (HOI), based in Owen Sound, is producing clean hydrogen through patented, cutting-edge Canadian technology called RuggedCell™ which is known around the globe. This technology has the potential to produce zero-emissions hydrogen and is changing the accessibility and production of clean hydrogen. Innovations like this are necessary to help Canada reach our sustainability goals and the Government of Canada is committed to supporting clean technology.

Today, the Honourable Filomena Tassi, Minister responsible for the Federal Economic Development Agency for Southern Ontario (FedDev Ontario), announced an investment of over $3.5-million for HOI to adopt new advanced manufacturing equipment as it expands production capacity by five times their current output. This cutting-edge technology requires fewer parts and utilizes more price-efficient, readily available materials from local suppliers.