Please do not leave this page until complete. This can take a few moments.
A Groton-based startup that is developing technology for a heavy-duty fuel cell announced a partnership with a major Japanese electronics company Wednesday.
Nimbus Power Systems announced that it has signed a joint development agreement with Toshiba Energy Systems & Solutions Corp. for a “pure hydrogen fuel cell stack” that could be used to power buses and trucks, as well as for stationary uses.
A “pure hydrogen fuel cell stack” uses hydrogen fuel cells to generate electricity with only water vapor as a byproduct. It’s considered an emissions-free alternative to a traditional diesel engine.
Nimbus co-founder and President Michael Gorman said the 3.5-year agreement with Toshiba will allow the companies to scale production in Connecticut and Japan.
“We are excited to accelerate product commercialization in collaboration with Toshiba, a pioneer in fuel cell development, with a proven track record in the stationary market,” Gorman said.
During the 3.5-year agreement, Nimbus expects to increase its workforce, he added.
Nimbus, which recently closed a pre-seed fundraising round led by Connecticut Innovations, is in the final stages of raising $2.5 million to help scale its technology, including research and development.
Toshiba Energy Systems & Solutions Corp. is a subsidiary of Toshiba Corp., the Japanese technology conglomerate.
The Hartford Business Journal 2025 Charity Event Guide is the annual resource publication highlighting the top charity events in 2025.
Learn moreHartford Business Journal provides the top coverage of news, trends, data, politics and personalities of the area’s business community. Get the news and information you need from the award-winning writers at HBJ. Don’t miss out - subscribe today.
SubscribeDelivering vital marketplace content and context to senior decision-makers throughout Connecticut ...
All Year Long!
The Hartford Business Journal 2025 Charity Event Guide is the annual resource publication highlighting the top charity events in 2025.
Hartford Business Journal provides the top coverage of news, trends, data, politics and personalities of the area’s business community. Get the news and information you need from the award-winning writers at HBJ. Don’t miss out - subscribe today.
Delivering vital marketplace content and context to senior decision-makers throughout Connecticut ...
All Year Long!
In order to use this feature, we need some information from you. You can also login or register for a free account.
By clicking submit you are agreeing to our cookie usage and Privacy Policy
Already have an account? Login
Already have an account? Login
Want to create an account? Register
In order to use this feature, we need some information from you. You can also login or register for a free account.
By clicking submit you are agreeing to our cookie usage and Privacy Policy
Already have an account? Login
Already have an account? Login
Want to create an account? Register
This website uses cookies to ensure you get the best experience on our website. Our privacy policy
To ensure the best experience on our website, articles cannot be read without allowing cookies. Please allow cookies to continue reading. Our privacy policy
0 Comments