The carbon-free future of transportation is now.
> INTRODUCING AMOGY
Amogy was founded by four MIT Ph.D. alumni that shared the same vision of innovating a solution for a decarbonized transportation sector. Their initial research led them to the realization that ammonia presented an immense opportunity in the transportation industry’s path to sustainability. They soon discovered that due to its unique properties, ammonia is an environmentally-friendly, high-performance alternative that has the capacity to revolutionize the heavy-duty transportation industry as we know it. This is how Amogy was born.
Now, using our innovative solution, Amogy aims to reduce >5 billion metric tons of CO2-eq emission by 2040, accelerating the global journey towards Net Zero 2050. By 2040, Amogy will eliminate ~5 Gt CO2 -eq globally, reducing 10% of total greenhouse gas emissions.
Amogy believes that introducing a clean energy source for heavy transportation is not only needed, but is also urgent. With our planet’s natural ecosystems, biodiversity, climate stability, and air quality at stake, Amogy envisions a cleaner, sustainable future with ammonia at the source.
> Where We’re Going
A carbon-free transportation industry by 2050.
March – Closed a $3M Seed
funding round led by AP
July – Successfully
engineered the first-ever
ammonia-powered emission-free drone flight at a 5kW scale.
November – Closed a $20M
Series A funding round led by AP Ventures and Amazon’s Climate Pledge Fund.
May – Successfully demonstrated a 100kW powerpack in a tractor, scaling 20x in less than a year.
June – Closed a $46M Bridge funding round led by SK, AP Ventures, Amazon’s Climate Pledge Fund and Saudi Aramco Energy Ventures.
Q4 – Expecting to scale powerpack to 300kW for a Class 8 truck demonstration.
2023 – Planning to scale to 1MW in a boat demonstration, beginning the commercialization of Amogy technology.
2024-25 – Planning to scale to 10+MW, powering container ships on transoceanic voyages.