Noble Gas Systems Inc. in Wixom, a developer and manufacturer of conformable high-pressure hydrogen gas storage vessels, has raised $4.2 million in an initial closing of Series B funding.
Funds for the company, founded in 2017 by Chris Kindogiani, were provided by AP Ventures, which supported Noble Gas in its Series A Funding, with participation from new investors ALIAD (Air Liquide Venture Capital), and NOVA by Saint-Gobain, the venture arm of Saint-Gobain.
The funding will support development testing of the company’s 700 bar (10,000 psi) design qualifications and completion of the application process to receive the U.S. Department of Transportation (DOT) Special Permit for Noble Gas storage vessels to be used in bulk storage and over-the-road transportation of hydrogen and other gases.
Additionally, the funding will help accelerate the development of a pilot manufacturing plant and expand the research and development teams.
“We are thrilled to secure this round of funding and have the continued support of our partner, AP Ventures,” says Kondogiani, CEO of Noble Gas Systems. “This marks a significant step in advancing and commercializing our vessel technology, bringing us closer to delivering a scalable clean-energy solution.”
The Noble Gas high-pressure, lightweight storage and delivery system can accommodate the most common compressed gases, including hydrogen, natural gas, air, oxygen, and nitrogen. The gas storage system can be fabricated in a variety of shapes and sizes to be integrated into unique and existing product configurations. In addition to the transportation industry, it has applications in defense, aviation, marine, and industrial gas industries.
Noble Gas recently relocated to a 32,000-square-foot facility in Wixom to consolidate the commercial and manufacturing operations, forming the company’s world headquarters. The pilot manufacturing plant, currently in development, will manufacture vessels for low-production-volume projects.
- Name: Noble Gas Systems Inc.
- Address: 28200 Lakeview Dr., Wixom
- Email: info@noblegassys.com
- Website: noblegassystems.com
- Phone Number: 248-607-0890
- Category: Technology
- Founded: 2017
- Founder: Chris Kondogiani
- Number of Employees: 25
- Revenue: NA
- Video Link: none
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