Pajarito Powder

Overview

Pajarito Powder, LLC is a U.S.-based company that specializes in the development and manufacturing of advanced catalysts used for fuel cells and electrolyzers, contributing significantly to the hydrogen economy. Established in 2011, the company is headquartered in Albuquerque, New Mexico. It has received substantial financial backing, including a $20 million funding award from the U.S. Department of Energy in 2024 to further its research and production capabilities in the green hydrogen sector.

Recent Developments

  • April 2024: Pajarito Powder showcased its advancements at the Hydrogen+Fuel Cells Europe group exhibit in Hannover, Germany.
  • March 2024: The U.S. Department of Energy awarded Pajarito Powder $10 million to develop advanced electrocatalysts, further reducing reliance on precious metals and scaling up production. The project involved collaboration with national labs and industry leaders like General Motors.
  • May 2024: Received funds through New Mexico's Advanced Energy Award Pilot Program to enhance green hydrogen catalyst production.
  • December 2023: Completed a new production facility in Albuquerque, significantly increasing catalyst production capacity. The relocation involved a new headquarters establishment, strategic hires, and expanded operations.
  • The company has been actively involved in engaging younger generations with STEM fields by participating in events such as the Engineering Expo.

Company Information

AttributeInformation
Founding Date2011
HeadquartersAlbuquerque, New Mexico, USA
FoundersTom Stephenson and John E. K. Short
RevenueNot publicly disclosed
ProfitsNot publicly disclosed
Key InvestorsU.S. Department of Energy, Ecovyst
IndustryRenewable Energy Technologies
Number of EmployeesEstimated 50+

Early History

Pajarito Powder was founded in 2011 by Tom Stephenson and John E. K. Short in Albuquerque, New Mexico. Initially, the focus was on developing advanced electrocatalysts for hydrogen fuel cells, aiming to reduce cost barriers and improve efficiency in catalyst applications. The founders leveraged their extensive experience in the field to position the company as a leader in the hydrogen economy. They quickly attracted venture capital support and engaged in partnerships with research institutions to create a robust foundation for innovation and growth.

Company Profile and Achievements

Pajarito Powder operates at the forefront of the hydrogen economy, focusing on catalysis technology essential for fuel cells and electrolyzers. Their strategic initiatives have been instrumental in positioning them as key players in the green hydrogen market.

  • Business Model: Pajarito Powder offers a range of catalyst products designed for various applications, aiming to reduce the amount of precious metals required, thus cutting costs.
  • Achievements:
    1. $20 million in DOE funding in 2024 for catalyst development.
    2. Established partnerships with major industries and national labs.
    3. Relocation to a new facility aimed at increasing production capacity by up to 100-fold.
  • Technological Innovations: Focus on Engineered Catalyst Supports, targeting improved durability and cost-effectiveness in fuel cells.

Current Operations and Market Position

Pajarito Powder is currently engaged in scaling up its production capabilities to meet the growing demands of the hydrogen economy. With its new headquarters in Albuquerque, the company is well-positioned to supply advanced catalysts for a market projected to grow exponentially. Its strategic collaborations ensure a competitive edge in developing technologies that lower operational costs in green hydrogen production.

Conclusion

Pajarito Powder embodies innovation and commitment in the renewable energy sector, notably in the hydrogen economy. The company's progression, supported by significant DOE funding, positions it as a pivotal player in green hydrogen technology. By leveraging strategic partnerships and expanding its manufacturing capabilities, Pajarito Powder is poised to contribute considerably to the global renewable energy landscape, with future prospects of further increasing its influence in sustainable technology development.

References

  1. Pajarito Powder Completes New Facility
  2. Ecovyst Announces Equity Investment in Pajarito Powder
  3. Pajarito Powder Awarded DOE Funding for Hydrogen Catalysts
  4. Pajarito Powder's New Production Facility Marks Big Milestone
  5. Pajarito Powder Exhibits at Hannover Messe
  6. Pajarito Powder to Use $10 Million DOE Award to Accelerate Catalyst Production
  7. Pajarito Powder Industry Profile