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Amogy Raises $46 Million in Funding to Accelerate the Commercialization of its Ammonia-to-Power Technology Across Heavy Duty Transportation

Amogy reports that it has raised $46 million in funding.

The C3 Take
  • Amogy is a Brooklyn, NY-based startup that is developing carbon-free ammonia-to-power technology.
  • The company has successfully used its innovation to power a farming tractor and aerial drone, while emitting zero emissions.
  • Amogy is now looking to to lower emissions from global transportation, which accounts for roughly 17% of annual emissions.

“Comparatively, Amogy’s solution leverages ammonia, an energy dense, carbon-free molecule, which is crucial to zero-emission heavy duty transportation. Moreover, because the chemical has been used industrially for more than a century, existing storage, handling, and delivery infrastructure is already in place globally, making ammonia an optimal fuel for long-haul trucking, locomotives, aviation, and shipping – so-called ‘hard-to-abate’ areas that have all proven difficult to decarbonize.” 

Read the full article here.

The views and opinions expressed are those of the author’s and do not necessarily reflect the official policy or position of C3.

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