From Financialpost · · 50s
Novacium Secures €1M Green Hydrogen Funding
Novacium, Axel'One and AD-VENTA win €1 million in rapid funding for green hydrogen project.
In brief
Novacium, Axel'One and AD-VENTA win €1 million in rapid funding for green hydrogen project. Novacium, Axel'One and AD-VENTA secured €1.2 million in RAPID program funding for METAGENE™ green hydrogen production station. Originally reported by Financialpost.
Funding secured for METAGENE™ project
Novacium, Axel'One and AD-VENTA secured €1.2 million in RAPID program funding for METAGENE™ green hydrogen production station.
Project aims to produce green hydrogen
METAGENE™ develops self-contained high-pressure green hydrogen using solid non-hazardous metallic fuel.
Funding details and timeline
Project began September 1, 2026 with €1.2 million budget subsidized at 80% by AID and DGA.
METAGENE™ technology
METAGENE™ produces hydrogen without electricity from solid aluminum-silicon fuel that releases hydrogen when contacting water.
Dual-use innovation focus
RAPID program supports dual military and civilian applications with 80% subsidy for high-impact projects.
The big picture
Novacium, Axel'One and AD-VENTA secured €1.2 million in RAPID program funding for METAGENE™ green hydrogen production station.
