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Syzygy Plasmonics Inc. announced it raised $6.77 Million in an initial filing from an offering of $7.27 Million

Syzygy Plasmonics Inc. announced it raised $6.77 Million in an initial filing from an offering of $7.27 Million

08/19/19, 5:16 PM
Location
https://purecatamphetamine.github.io/country-flag-icons/3x2/US.svghouston
Money raised
$6.77 million
Industry
other

Company Info

Company
Syzygy Plasmonics
Location
9000 kirby dr.
houston, texas, united states
Additional Info
Syzygy Plasmonics is commercializing a radical new technology developed at Rice University. Our technology enables us to turn traditional catalysts into high efficiency photocatalysts. This conversion allows us to produce chemical reactors that are powered by light instead of burning fuel and operate at up to 1,000 degrees Fahrenheit lower temperature than conventional chemical reactors. Through this we can dramatically reduce the cost of chemicals produced while simultaneously reducing emissions associated with their production. Currently we are capable of performing multiple different chemical reactions and plan to enter the market with photocatalytic steam methane reforming to generate hydrogen gas. Hydrogen gas made through our process will reduce costs for industry and also help enable the expansion of the hydrogen fuel cell vehicle market.

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