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Verne and Rheonik to develop cryo-compressed hydrogen mass flow meters for distribution and mobility

November 2024

The parties will develop mass flow meters to measure cryo-compressed hydrogen flow during distribution trailer filling and vehicle fueling

San Francisco, California & Odelzhausen, Germany, November 7th, 2024 — Verne and Rheonik announced a technical collaboration to develop mass flow meters for cryo-compressed hydrogen applications. Verne and Rheonik will collaborate to adapt the Rheonik Omega Coriolis mass meter to support the growing demand for cryo-compressed hydrogen in the distribution and mobility markets.

 Hydrogen can enable decarbonization of up to 25% of U.S. energy-related emissions in some of the hardest-to-decarbonize sectors, including iron & steel production, chemicals manufacturing, off-road equipment and heavy-duty transportation. However, hydrogen adoption is currently hindered by expensive, inefficient hydrogen distribution and storage. Verne’s breakthrough cryo-compressed hydrogen technology enables low-cost hydrogen distribution by maximizing hydrogen density on delivery trailers and minimizing the cost of densifying the hydrogen. The improvements to hydrogen distribution will make the use of clean hydrogen economical for existing industrial users of hydrogen and will unlock new use cases of hydrogen, such as off-road equipment, and heavy-duty trucks. These growth sectors could more than double hydrogen distribution demand by 2030 and enable hydrogen to replace diesel in the most demanding sectors of the economy.

 Verne and Rheonik’s partnership aims to establish a reliable supply of proven flow metering to enable commercial CcH2 filling of hydrogen distribution trailers and heavy-duty vehicles. Rheonik is a leading developer of mass flow solutions for extreme applications with devices already being used in approximately 2,000 hydrogen filling stations, and in oil & gas, marine, petrochemical and many other applications.

Verne develops cryo-compressed hydrogen storage systems and densification equipment that converts gaseous hydrogen into CcH2 to fill distribution trailers and heavy-duty vehicles. Verne is focused on developing the full ecosystem of CcH2 suppliers. Previously, Verne announced a partnership with ARTA to develop nozzles and receptacles for CcH2 filling, a partnership with Cryostar to develop pumps for “future-proofed” hydrogen filling stations and a partnership with LifeGuard Technologies to develop flexible hoses for CcH2filling. This partnership with Rheonik is an important next step in enabling commercial use of CcH2 in hydrogen distribution and heavy-duty transportation.

 In 2023, Verne completed drive testing of a CcH2 storage system onboard a vehicle and demonstrated a world-record 29 kg storage tank at Lawrence Livermore National Laboratory, validating the high-densities of cryo-compressed hydrogen. Verne recently announced the completion of the world-first CcH2 Class 8 truck, with drive testing set to take place later this year. Verne is also working with leading hydrogen distributors and vehicle manufacturers to pilot the technology starting in 2025.

 “The hydrogen industry is in desperate need of an efficient hydrogen distribution method. Cryo-compressed hydrogen distribution will meet this critical industry need, and reliable mass flow meters will be critical for commercial roll-out of CcH2 filling stations for distribution trailers and vehicles,” said Bav Roy, Verne Co-founder & COO. “Rheonik’s decades of experience making high-quality mass flow meters makes them the perfect partner.”

“Accurate mass measurement of CcH2 in the distribution channel is an essential step in the implementation of CcH2 filling stations. The unique design of Rheonik's Omega Coriolis metering platform offers the perfect solution to the challenges of CcH2 measurement. In partnership with Verne, we will be able to specifically optimize our flow meters for this application,” said Maximilian Weber, Application Engineering Manager at Rheonik.

 

About Verne

Verne was founded in 2020 to develop high-density hydrogen storage solutions required for deep decarbonization. Verne’s platform unlocks zero-emission operations in sectors including industrial hydrogen use, off-road equipment, and heavy-duty transportation. Verne is financially supported by leading commercial entities, including Trucks Venture Capital, Collaborative Fund, Amazon’s Climate Pledge Fund, NextEra Energy Resources, United Airlines Ventures Sustainable Flight Fund, Caterpillar VC, and Newlab. Verne is also supported by Breakthrough Energy Fellows, the Department of Energy’s ARPA-E, The U.S. Army, Alberta Innovates and other agencies. For more information, visit www.verneh2.com.

 Company contact: contact@verneh2.com

 

 About Rheonik

Rheonik was founded in 1986 to develop a mass flow meter based on the new Coriolis measuring principle. Since returning to private ownership in 2014, the Rheonik Omega metering platform has been significantly updated and enhanced. Rheonik’s state-of-the-art product range has been met with great acceptance in the market and has opened many new business areas for the company.

Rheonik is recognized as the global leader in the supply of Coriolis flow meters for hydrogen metering applications. As a pioneer in hydrogen flow measurement, Rheonik is constantly developing technical innovations for new applications in this field. For more information, visit www.rheonik.com.

 Company contact:info@rheonik.com

H2 View

Verne receives Alberta Innovates award to demonstrate Class 8 truck powered by cryo-compressed hydrogen

April 2024

Verne’s first-of-a-kind project will demonstrate the performance benefits of cryo-compressed hydrogen fuel for Class 8 trucking and other heavy-duty transportation sectors

Edmonton, Alberta, April 24, 2024 - Verne received a grant from Alberta Innovates to fund the development and demonstration of a Class 8 truck powered by cryo-compressed hydrogen (CcH2). Verne’s project will mark the first demonstration of a Class 8 truck powered by CcH2, and will illustrate the performance benefits and decarbonization potential of the technology to key stakeholders in Alberta and beyond.

Verne (San Francisco, CA) is a leading developer of high-density hydrogen storage systems. Verne’s cryo-compressed hydrogen technology stores hydrogen at a maximum hydrogen density of 73 g/L, a 33% improvement over liquid hydrogen and an 87% improvement over 700 bar compressed gas hydrogen, maximizing vehicle range and payload. Verne’s CcH2 system enables over 1,200 kilometers of range, achieving equivalent performance to diesel-trucks and superior performance to available hydrogen and battery electric trucks. The increased density also means that Verne’s storage systems reduce material usage and cost by 50% relative to compressed gas storage systems of equivalent volume.

Through this project, Verne will work with Alberta-based partners to retrofit an existing diesel internal combustion engine truck to run on a blend of diesel and hydrogen (known as a “dual-fuel” combustion engine). Verne will then demonstrate the truck and a proprietary mobile CcH2 refueler with Alberta fleets and other collaborators. This first-of-a-kind project will demonstrate the performance of CcH2 in the rigorous Alberta operating environment and provide key stakeholders – including fleets, truck manufacturers and station developers – with first-hand experience with CcH2 and its benefits over existing options.

Heavy-duty transportation is responsible for 12% of global greenhouse gas emissions. Class 8 trucks are some of the largest polluters, as they haul heavy-payloads and travel long distances each day. Verne is targeting Class 8 trucking as the first market to commercialize its technology, but Verne has also received significant commercial interest from leading partners in aviation, port equipment, mining and hydrogen distribution.

Bav Roy, Verne Co-founder & COO, was present at the Canadian Hydrogen Convention in Edmonton, Alberta for the announcement: “Verne was founded with the mission of decarbonizing heavy-duty transportation. This project is a critical step in demonstrating that Verne’s high-capacity hydrogen systems can play a major role in bringing diesel-like performance to clean transportation. Verne thanks Alberta Innovates and our partners in the region for their strong support.”

This grant was awarded as part of Alberta Innovates’ Hydrogen Centre of Excellence Competition II. Alberta Innovates is an Alberta crown corporation advancing innovation in the province, and the Hydrogen Centre of Excellence was founded to accelerate innovation across the hydrogen value chain in Alberta.

Verne was founded in 2020 to solve the challenge of decarbonizing heavy-duty transportation through high-density hydrogen storage. Last year, Verne announced a CcH2 storage record during stationary demonstration of a 29 kg storage tank at Lawrence Livermore National Laboratory. Verne also completed the first testing of their CcH2 storage system on-board a vehicle as part of their participation in the Breakthrough Energy Fellows program. This demonstration marks the next milestone in Verne’s journey to commercialize their technology and decarbonize heavy-duty transportation.

To learn more about Verne’s efforts to decarbonize heavy-duty transportation, please visit www.verneh2.com.

About Verne

Verne was founded in 2020 to develop high-density hydrogen storage solutions required to decarbonize heavy-duty transportation. Verne’s platform unlocks zero-emission operations in sectors including trucking, off-road, aviation, and hydrogen distribution. Verne is financially supported by leading commercial entities, including Trucks Venture Capital, Amazon’s Climate Pledge Fund, United Airlines Ventures Sustainable Flight Fund, Caterpillar VC, Collaborative Fund and Newlab. Verne is also supported by Breakthrough Energy Fellows, the Department of Energy’s ARPA-E, Alberta Innovates and other agencies. For more information, visit www.verneh2.com.

Company contact: contact@verneh2.com

Forbes

Verne Closes Strategic Fundraise

April 2024

Trucks Venture Capital, Collaborative Fund, Amazon’s Climate Pledge Fund, United Airlines Ventures Sustainable Flight Fund, Newlab and other strategic investors back Verne’s cryo-compressed hydrogen storage technology

San Francisco, CA, April 18, 2024 - Verne, a leading developer of high-density hydrogen storage systems, today announced a strategic fundraise led by Trucks Venture Capital, with participation from existing investors Collaborative Fund and Amazon’s Climate Pledge Fund, and new investors United Airlines Ventures Sustainable Flight Fund and Newlab. The new funding will enable Verne to accelerate development of their cryo-compressed hydrogen (CcH2) technology for on-board hydrogen storage for heavy-duty vehicles. The investment brings Verne’s total funding to $15.5M including grant funding.

Read the full press release
Read the Forbes article

Time

Time: The Challenge of Decarbonizing Long-Haul Trucking

February 2024

Verne was highlited in a recent Time article "The Challenge of Decarbonizing Long-Haul Trucking":

While there are a handful of hydrogen-powered cars, there currently aren’t any hydrogen-powered trucks. But San Francisco-based startup Verne, is one company trying to change that. It says its technology doubles the density of conventional hydrogen in each tank, thereby increasing the energy available and allowing trucks to travel farther. “Our goal is to make sure trucks can make sure they maintain diesel parity [with] a full range and a full payload and the same refueling time,” says Ted McKlveen, Verne’s co-founder, and chief executive.

Ultimately, it might not be an either-or situation. McKlveen thinks there’s room for electric-powered trucks and hydrogen-fueled ones to coexist. Electric might be the better choice for short trips, while hydrogen could power vehicles that travel cross country.

Read the full article: https://time.com/collection/time-co2-futures/6766439/electric-long-haul-trucking/

CTE

Verne joins the Center for Transportation and the Environment to continue efforts accelerating adoption of zero-emission heavy-duty vehicles

January 2024

Verne joined the Center for Transportation and the Environment (CTE). CTE is a nonprofit organization that develops, promotes, and implements advanced transportation technologies, vehicles, and fuels that reduce environmental pollution and fossil fuel dependency. Verne and CTE will continue working together to accelerate the adoption of zero-emission heavy-duty transportation!

Department of Energy

Verne receives DOE award for commercialization support

January 2024

Verne was named among the recipients of commercialization support from the U.S. Department of Energy Office of Technology Transitions' voucher program. The voucher program provides support to accelerate market adoption of clean energy technologies.

Verne's award will support development of at-scale manufacturing for cryo-compressed hydrogen systems.

"It takes a breadth of tools and expertise to bring an innovative technology from research and development to deployment. The Voucher Program will pair 111 clean energy solutions with the support they need from expert voucher providers to help usher new technologies to market” said DOE Chief Commercialization Officer and Director of the DOE Office of Technology Transitions, Dr. Vanessa Chan.

Verne selected as a Top Innovator in Sustainable Aviation by the World Economic Forum

January 2024

Verne has been selected as a Top Innovator in Sustainable Aviation by the Uplink World Economic Forum! Verne’s cryo-compressed hydrogen technology helps hydrogen aircraft extend range and reduce fuel costs. We're thrilled to work alongside the 15 other Top Innovators and the challenge partners to bring innovative decarbonization solutions to the aviation industry.

Read more about the Uplink Sustainable Aviation program here: https://uplink.weforum.org/uplink/s/uplink-issue/a002o0000174PRGAA2/sustainable-aviation-challenge

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