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Verne
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Developer of green hydrogen storage solutions for decarbonization in the transport sector

Founded in 2020
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Company type Private Public ()
Company type

Industry Group energy & power

Sector hydrogen

TRL Range 4-6
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 United States United States
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Updated by Sunena Gupta at on 04/24/2024

Edited by Cleantech Group on 06/27/2024

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Date Company
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Date Partner Type
01/19/2024
ZeroAvia ZeroAvia
ZeroAvia and Verne announced that they have signed an MOU to jointly evaluate the opportunities for using cryo-compressed hydrogen (CcH2) on-board aircraft and for conducting CcH2 refueling from gaseous hydrogen (GH2) and liquid hydrogen (LH2) sources.
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Confirmed by ZeroAvia
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IPO INFORMATION

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Date Investors Type Amount
04/23/2024 Alberta Innovates Alberta Innovates (1)
Post-money valuation of
Funding will be used to develop First-of-kind Cryo-Compressed Hydrogen Demonstration in Class 8 Trucking.
Grant $2,000,000
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