PowerTech USA Inc., which is the result of the acquisition from LIFTE H2 of Boston, will provide hydrogen export systems, high-capacity transport trailers, mobile refuelers and high-pressure fueling stations that will create the market’s first end-to-end hydrogen fueling and transportation solution.
“This acquisition propels Powertech Labs towards an accelerated growth trajectory, unlocking emerging opportunities in the hydrogen field, and improving our access to the US market,” says Pierre Poulain, President & CEO, Powertech Labs. “In addition to growing our infrastructure product offerings, acquiring the LIFTE H2 team greatly expands our collective technical expertise to best serve the market.”
Powertech Labs created the world’s first 700-bar hydrogen fast-fill fueling station two decades ago, and plays a role in the market as one of the largest testing laboratories in North America dedicated to high-pressure testing for the global energy sector.
“The hydrogen experts at LIFTE H2 designed solutions that are game changing for the hydrogen transition,” said Angie Ackroyd, former co-founder and Chief Technology Officer of LIFTE H2, and now President of Powertech USA. “Combining these innovations with the long-standing expertise and well-established reputation and capacity of Powertech Labs will significantly advance the hydrogen industry in North America.”
Business Examiner Staff