Toronto, Canada
Cipher Neutron, founded in 2020, is making significant inroads in the Energy sector with its groundbreaking solutions in Green Hydrogen production. Emphasizing sustainability and cost efficiency, their slogan, "Green Hydrogen Production at the lowest Affordable Prices," encapsulates their innovative approach.
The company focuses on developing Anion Exchange Membrane Electrolysers (AEM) and Reversible Fuel Cells, offering a hybrid solution that overcomes the limitations of traditional PEM electrolysers. Unlike its predecessors, the AEM technology notably does not rely on platinum group metals (PGMs), circumventing both environmental impact and supply chain volatility issues.
Based in Canada, Cipher Neutron has achieved a major milestone as the first company in North America to commercialize AEM Electrolysers. Their growth is backed by a recent Corporate Round investment from Molymet in January 2024, indicating robust investor confidence in their sustainable energy solutions.
