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Nexceris
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Developer and manufacturer of high performance complex oxides for the solid oxide fuel cell (SOFC) and catalysis markets

Founded in 1994
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Company type Private Public ()
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Industry Group energy & power

Sector fuel cells

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
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Headquarters Lewis Center, OH Lewis Center, United States
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Updated by Cleantech Group on 04/06/2021

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Date Company
09/16/2006

Plug Power Plug Power

NexTech Materials and Plug Power will collaborate to develop a Solid Oxide (SOFC) fuel cell power system.

Confirmed by Plug Power

Partnerships
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Date Partner Type
11/30/2023
Hyundai Motor Hyundai Motor
Joint SOEC Development Project Signed Between Hyundai Motor Company and Nexceris
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Confirmed by Hyundai Motor
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IPO INFORMATION

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Date Investors Type Amount
09/30/2020 US Department of Energy (DOE) US Department of Energy (DOE) (1)
Post-money valuation of
Funding will be used to accelerate the commercialization of its proprietary reversible solid oxide cell technology. The project is intended to fulfill DOE’s objective of accelerating the pace of commercialization for small-scale solid oxide hybrid power systems using solid oxide cells for hydrogen production and power generation.
Grant $3,000,000
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