Naco Technologies

At the recent Scale 100 Forum held in Greece (21-22 October), Naco was selected to join the EIC Scaling Club – an exclusive community of Europe’s top deep tech scale-ups! As one of the 72 newly chosen scale-ups from 24 countries, we’re honored to be part of a group that includes 120+ of Europe’s most promising innovators. As members of the Clean Fuels & Hydrogen group, this opportunity aligns perfectly with our mission to transform green hydrogen production. The EIC Scaling Club will support us with fundraising, leadership mentoring, corporate partnerships, media visibility, recruitment, and more to accelerate our growth and impact. A big thank you to the European Innovation Council and SMEs Executive Agency (EISMEA) and the Scaling Club community for believing in our vision. Together, we’re on a journey to scale impactful solutions and contribute to a more sustainable future for Europe – and perhaps, become one of the unicorns leading the way! 🦄 Check out the full details here 👉 https://lnkd.in/eWnsSpX7 #EICScalingClub #CleanFuelsAndHydrogen #GreenHydrogen #Innovation #DeepTech #NacoTechnologies #ScaleUp

🌎 #HydrogenTechnologyExpoEurope was a blast! Two days wasn't enough so Naco Technologies will see you next year! 🤜 🤛 Thank you to our partners and friends (new and old) thyssenkrupp nucera, Sunfire, EKPO Fuel Cell Technologies GmbH, Bosch Hydrogen Energy, Symbio, Enapter, Hopium, Nedstack Fuel Cell Technology, Air Liquide, SunHydrogen, Inc., Stargate Hydrogen and others for insightful discussions. It was great to connect 🤝 ❗ The interest about the new #Naco VMKC project in "Advancements in special #nano-structured coating developments for #Alkaline #electrodes" was astounding. Watch this space 🇱🇻 Jānis Žideļūns Raivis Nikitins Renate Kalnina

🔥 Proud Moments for the Baltic Hydrogen Sector! 🔥 Yesterday, Naco Technologies, represented by its Chief Commercial Officer Raivis Nikitins had the honor of attending the Development of the Hydrogen Market in the Baltic Sea Region conference in Berlin. 🌍 It was a fantastic opportunity to see how regional collaboration is shaping the future of hydrogen, and we were thrilled to hear Latvia's Minister of Economics Viktors Valainis highlight Naco Technologies as a driving force in making hydrogen technologies more cost-effective and scalable. His call for joint investment and infrastructure development resonated deeply — our region must stay competitive! 💪 Key takeaways: 🔑 Marko Janhunen (Gasgrid) shared Finland’s goal to produce 10% of the EU’s clean hydrogen at competitive prices (2.8-3.7 EUR/kg). 🔑 Dirk Manske (ONTRAS Gastransport GmbH) discussed Germany’s hydrogen backbone project—10,000 km of H2 pipelines, with execution starting in 2025! 🔑 Aivars Starikovs (Latvian Hydrogen Association) emphasized the need for tailored hydrogen solutions based on local infrastructure, while reaffirming the value of molecule-based energy transfer as the most cost-effective option. 🔑 Aigars Laizāns (Latvenergo AS) pointed out that strong business cases will accelerate hydrogen market growth faster than any EU directive. Thanks to everyone who participated and shared their valuable insights. A special shoutout to Aivars Starikovs and Aigars Laizāns — it was great to exchange ideas with fellow leaders from Latvia’s hydrogen sector. Together, we are shaping the future! 🤝 Special thank you also to German-Baltic Chamber of Commerce in Estonia, Latvia, Lithuania (AHK) and Edgars Locmelis for invitation and support prior the event. Looking forward to the exciting journey ahead for green hydrogen in the Baltic Sea region! 🚀 #hydrogen #greenhydrogen #collaboration #BalticSeaRegion #sustainability #innovation #Latvia

European Innovation Council and SMEs Executive Agency (EISMEA) and GITEX EUROPE made a fantastic pavilion and European Night event yesterday! #EUatGITEX2024

🌍 Naco Technologies at H2 Hydrogen World Expo 2024 🌍 Come and talk to us about all things PVD, hydrogen, nano-coatings for electrolyzers and fuel cells! We are looking forward to connecting with our peers, clients and global hydrogen community! 👉 Raivis Nikitins Renate Kalnina Jānis Žideļūns At Naco we have a few grant projects on the go so let’s connect and explore how we can drive innovation in the hydrogen industry together. See you in Hamburg! ⚡ #hydrogen #fuelcells #electrolyzers #scalinghydrogen #nanocoatings #hydrogencoatings #NacoTechnologies

Naco Technologies had the pleasure of attending the Hy-fcell event in Stuttgart, where our Chief Commercial Officer, Raivis Nikitins, engaged with leaders and innovators in the hydrogen industry. It was an insightful experience, especially as we continue to push the boundaries at Naco Technologies in the green hydrogen sector. Here are some key learnings and takeaways: 📍MAHLE (represented by Arnd Franz) is shifting towards hydrogen combustion engines, which they expect to offer by 2025. Notably, H2 combustion engines are predicted to be 2-3x cheaper than fuel cells (FC), although FCs are considered more efficient, particularly for long-haul operations and scenarios where maximum loads are not used. 🔧 📍Toyota Motor Europe (represented by Stephan Herbst) highlighted significant investments in clean hydrogen projects, emphasizing the need for Europe to improve infrastructure to remain competitive. 🌍 📍Bosch (represented by Matthias Ziebell) shared their ambitions in PEM water electrolysis, aiming for €5 billion in hydrogen technology sales by 2030. 🤝 📍Hydrogen Combustion Engines – While FCs remain critical, hydrogen combustion engines are gaining momentum due to their cost-effectiveness and faster scalability. This could serve as an excellent intermediate solution to drive the necessary infrastructure development and hydrogen offtake. 🚛 📍Infrastructure Challenges – Both investment and regulatory alignment are crucial to making hydrogen a viable energy solution across industries. Pragmatic, incremental improvements were a recurring theme. 🏗️ 📍Europe's Competitive Position – Europe needs to accelerate investments in infrastructure and regulatory frameworks to keep pace with regions like China, which is leading in hydrogen production.⚡ 📍Collaborations for Cost Reduction – Partnerships across the value chain, particularly in PEM water electrolysis, will be key to driving down costs and improving system efficiency. 💡 📍Graphite vs. Metallic Bipolar Plates – Durability and cost trade-offs between these two materials continue to influence fuel cell technology development. Many FC manufacturers have already made their choices, with both sides promising at least 20,000 hours of efficient operation. Naco Technologies’s nano-coatings technology can offer significant improvements, particularly in extending the lifetime of metallic FC stacks. ⚙️ 🎉 Congratulations to our partners and friends at CellForm Hydrogen (Simon Brugger, Moritz Miller, Tobias Heinz, and the rest of the team) on winning the hy-fcell – International Expo and Conference Start-up Award 2024! 🤝A special thank you to the Hy-fcell organizers for the insightful technical tour to MAHLE, smk - systeme metall kunststoff, GLOBE Fuel Cell Systems, and Goetze KG Armaturen. 🚶♂️🏭 It was an inspiring event, and we are excited to explore further collaborations to drive innovation in the hydrogen space. #hydrogen #fuelcells #cleanenergy #greenhydrogen #innovation #collaboration

We joined a selected group of #EUeic innovators at the premier #tech event in Dubai, #GITEXGLOBAL. That's right!💡15 EIC-backed companies in the field of New technologies & Industrial technologies, were chosen to present their innovative solutions to an international audience & We will be there 🎙showcasing our nano-coated membrane and other breakthrough solutions for #GreenHydrogen! 🤝 Visit us at the European Pavilion in Hall 1 Booth B20! Thank you European Innovation Council and SMEs Executive Agency (EISMEA) for bringing us here. #EUatGITEX2024

🚀 Collaboration Between Dinex Group and Naco! 🚀 Dinex Latvia and Naco have officially launched a new project aimed at transforming the automotive and other industries by reducing the use of critical materials in emission-reducing catalysts. This partnership builds on the recent insightful discussion at Tech Tour event, where Roman Pyankovski and Aleksandrs Parfinovics highlighted the challenges and opportunities around critical materials. 🔧 Project Focus The project will leverage Naco's advanced High-Speed Magnetron Sputtering (HMS) technology to develop nano-coatings for oxidation catalysts. This technology will increase active surface areas by at least 20%, while significantly reducing the use of costly materials like platinum. 💡 Significant Impact The collaboration aims to help meet new emissions standards incl. EURO7, with potential to reduce CO₂ and other harmful emissions, and achieve improvement in platinum efficiency for catalytic converters. This is a practical step towards a greener, more efficient automotive and other industries. 💰 Funding This project is co-financed by the European Union through the Smart Materials and Technologies Competence Centre (Viedo materiālu un tehnoloģiju kompetences centrs (VMKC)), providing vital support for the innovation. Special thanks to Latvian Hydrogen Association for bringing our companies together, further underscoring the collective effort toward sustainable solutions. We look forward to sharing more updates as we work together toward a greener future for the automotive and other sectors! 🌱🚗 #AutomotiveInnovation #GreenTechnology #NanoCoatings #Collaboration #Sustainability #TechTour #EUFunding #hydrogenautomotive #hydrogenvehicle #hydrogencoatings #fuelcells

🌍 Naco Technologies at hy-fcell – International Expo and Conference 2024 🌍 Naco Technologies is excited to take part in the Hy-Fcell Expo and Conference 2024, taking place in Stuttgart, Germany from October 8-9. This event is great platform for the hydrogen and fuel cell community, and we are eager to connect and engage. Our Chief Commercial Officer, Raivis Nikitins, will be representing Naco to meet clients, partners, and industry leaders. Raivis will be sharing updates on our latest developments in nano-coating solutions and discussing how we can collectively support the growth and scaling of hydrogen technologies. If you're attending, let’s connect and explore how we can drive innovation in the hydrogen industry together. See you in Stuttgart! ⚡ #hydrogen #fuelcells #innovation #scalinghydrogen #HyFcell2024 #NacoTechnologies

PilotSOEL Project partners met mid-September in Slovenia for the project M12 meeting organized by the University of Ljubljana, Faculty Of Mechanical Engineering. The project is running according to the plan and good progress has been achieved during the first year. Cells manufactured with novel techniques and materials are being tested at DTU - Technical University of Denmark and Elcogen. Promising initial results have been obtained with PVD- and ALD-deposited barrier and protective coatings by Naco Technologies and Beneq, and the coating compositions will be finalized and optimized during the next few months. First generation Optical Inspection System for stack assembly and quality monitoring has been realized at Elcogen facilities, and it will be further improved and upgraded into next generation and final version during the course of the project. The University of Ljubljana, Faculty Of Mechanical Engineering has started to present its activities in the field of life cycle assessment (LCA) and techno-economic analysis (TEA) of the innovative and sustainable SOEL technology developed in the project. Promising results have been obtained in terms of the environmental and economic potential of the PilotSOEL Project development during the first 12 months. The LCA and TEA models will be continuously developed and optimised in close cooperation with the technical and experimental project partners. The final LCA and TEA results will be published and presented at the end of the project. Next physical project meeting will take place in March 2025 at Elcogen facilities in Estonia.  Meanwhile, stay tuned for more project news – we will soon publish results from the first public deliverables – and don’t forget to visit the project website also at https://pilotsoel.dtu.dk/ ! #electrolysis #electrolysers #SolidOxideCells #SolidOxideStacks #SolidOxideElectrolysis #SolidOxideTechnology #greenhydrogen #hydrogeneconomy #hydrogenproduction #cleanenergy #cleanhydrogen #sustainableenergy #greentransition #renewableenergy #europeancommission #europeanunion #cleanhydrogenpartnership #LifeCycleAssessment #Lifecyclecost