Amogy Presented with New Technology Qualification Letter by American Bureau of Shipping

Brooklyn, NY – May 9, 2024 –  Amogy, a provider of mature, scalable, and efficient ammonia-to-power solutions, has been issued a New Technology Qualification (NTQ) letter for concept design verification by the American Bureau of Shipping (ABS), a global leader in providing classification services for marine and offshore assets.

Amogy has developed an innovative ammonia-to-electrical power system that splits, or “cracks,” liquid ammonia into its base elements of hydrogen and nitrogen, which then funnels the hydrogen into a fuel cell, generating high-performance power. This technology offers a sustainable, clean energy solution tailored for industries such as maritime shipping and power generation.

The ABS new technology qualification (NTQ) services offer guidance on early adoption and efficient implementation of new technologies, confirming the capability of new technologies to fulfill their intended functions and performance requirements with the aim to qualify them for broader industry adoption. This process addresses regulatory gaps in technology adoption, offering insights into efficient implementation and assessing technology maturity levels and associated risks.

A significant milestone toward the overall approval of Amogy’s power system, Amogy has been issued a NTQ letter for the verification of concept design for their ammonia-to-power system, which involved an assessment of their integrated reactor system (cracking ammonia into hydrogen for utilization in fuel cells). This not only signifies a milestone in approving Amogy’s entire system, but also acknowledges the endeavors in pioneering ammonia-based emission reduction systems.

“We are honored to receive this Technology Qualification letter from ABS,” says Seonghoon Woo, CEO at Amogy. “This achievement marks a significant milestone on our path toward broader industry adoption of our technology, highlighting the safety, viability, and maturity of our ammonia-powered solution. We are excited to further collaborate with ABS as we advance through the new technology qualification process.”

“Amogy’s new technology represents the rapid development of innovation around alternative fuels for maritime use. Cracking ammonia to produce hydrogen for fuel cells is one that has the potential to accelerate the energy transition in the maritime industry, supporting global decarbonization goals,” said Patrick Ryan, ABS Senior Vice President and Chief Technology Officer.

To learn more about Amogy and its clean energy technology, please visit www.amogy.co.

About Amogy

Amogy provides carbon-free energy solutions to decarbonize hard-to-abate sectors such as maritime, power generation, and heavy industry. Proven in real-world applications, its patented ammonia cracking technology is mature, scalable and a highly efficient method for splitting liquid ammonia, generating electrical power in combination with hydrogen fuel cells.

Amogy is headquartered in Brooklyn, New York, with additional locations including Houston, Texas, Norway, and Singapore. Amogy is backed by investors including Amazon’s Climate Pledge Fund, Temasek, SK Innovation, Aramco Ventures, Mitsubishi Corporation and AP Ventures. For more information, follow Amogy on LinkedIn, XInstagramThreads, Facebook, and YouTube, or visit www.amogy.co.

About ABS

ABS, a leading global provider of classification and technical advisory services to the marine and offshore industries, is committed to setting standards for safety and excellence in design and construction. Focused on safe and practical application of advanced technologies and digital solutions, ABS works with industry and clients to develop accurate and cost-effective compliance, optimized performance and operational efficiency for marine and offshore assets.