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Redox Power Systems
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Developer of solid oxide fuel cells technology

Founded in 2012
Founded in

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 Fulton, MD Fulton, United States
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Updated by Brian Janous at Microsoft on 08/22/2013

Edited by Cleantech Group on 11/26/2020

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Date Company
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Date Partner Type
06/23/2014
University of Maryland University of Maryland
Redox Power Systems has teamed up with the University of Maryland (along with Microsoft and Trans-Tech) to develop transformational fuel cells through a $5 million cooperative agreement funded by the Advanced Research Projects Agency – Energy (ARPA-E) Reliable Electricity Based on ELectrochemical Systems (REBELS) program. The goal of the project is to further advance Redox's high-performance fuel cells and drive them to market-readiness for a broad range of applications.
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Confirmed by University of Maryland
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IPO INFORMATION

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Date Investors Type Amount
08/15/2019 US Department of Energy (DOE) US Department of Energy (DOE) (1)
Post-money valuation of
Funding will be used for a "Scalable High-H2 Flux, Robust Thin Film Solid Oxide Electrolyzer" project for the "Advanced Water Splitting Materials Research (integrated with HydroGEN Consortium)".
Grant $1,000,000
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Products
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Product image Name Product status Revenue model Cost metrics

PowerSERG 2-80 "Cube"

A 25 KW fuel cell that connects to natural gas pipeline and electrochemically converts methane to electricity.

Pilot/Early Revenue Products - Retail
$/kW (current)
$/kW (projected)
$/kWh (current)
$/kWh (projected)
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