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Joi Scientific
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Short description

Developer of a patented technology that produces hydrogen at costs competitive to natural gas, coal or gasoline

Founded in 2010
Founded in

Company type Private Public ()
Company type

Industry Group energy & power

Sector hydrogen

TRL Range 7-8
TRL 1 Basic research
TRL 2 Technology formulation
TRL 3 Applied research
TRL 4 Small scale prototype
TRL 5 Large scale prototype
TRL 6 Prototype system
TRL 7 Demonstration system
TRL 8 First of a kind commercial system
TRL 9 Full commercial application
TRL Range

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Headquarters Merritt Island, FL Merritt Island, United States
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Updated by Ken Harden at Joi Scientific, Inc. on 12/13/2016

Edited by Cleantech Group on 04/06/2021

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Confirmed by A Leading Public Utility Company

Partnerships
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Date Partner Type
02/27/2019
New Brunswick Power New Brunswick Power
Joi Scientific is to co-develop with New Brunswick Power a hydrogen production system to enable the world’s first electricity grid that uses hydrogen as a baseload.
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Confirmed by New Brunswick Power
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IPO INFORMATION

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Description

Date Investors Type Amount
02/27/2019 New Brunswick Power New Brunswick Power (1)
Post-money valuation of
Joi Scientific is to co-develop with New Brunswick Power a hydrogen production system to enable the world’s first electricity grid that uses hydrogen as a baseload.
Series B $9,800,000
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Products
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Product image Name Product status Revenue model Cost metrics

Joi H2.0 Drawer

The Joi Drawer can scale to multi-megawatt size.

Pilot/Early Revenue License of Usage
$/kW (current)
$/kW (projected)
$/kWh (current)
$/kWh (projected)
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