logo
H2SITE Secures EIC Accelerator Funding to Deploy a Flagship 1 TPD Ammonia Cracker Using Membrane Reactor Technology at a Port in North-West Europe

H2SITE Secures EIC Accelerator Funding to Deploy a Flagship 1 TPD Ammonia Cracker Using Membrane Reactor Technology at a Port in North-West Europe

National Post20 hours ago
Article content
BILBAO, Spain — H2SITE has been awarded the EIC (European Innovation Council) Accelerator program for a project aimed at deploying a first-of-its-kind ammonia cracking unit capable of producing 1 ton of high-purity hydrogen per day. The system is based on H2SITE's proprietary palladium-based membrane reactor technology, which enables the simultaneous catalytic decomposition of ammonia and selective hydrogen separation within a single unit.
Article content
This breakthrough technology offers several compelling advantages over conventional ammonia cracking processes:
Article content
Lowest Levelized Cost of Hydrogen (LCOH) from ammonia due to high efficiency and integrated operation
Reduced energy consumption, operating at significantly lower temperatures (400–450 °C) than traditional cracking methods (typically 600–800 °C)
High-purity hydrogen output, compliant with ISO 14687 Grade D, suitable for direct use in fuel cells and industrial applications
Compact and modular design, facilitating decentralized hydrogen production close to demand centers
Article content
The ammonia cracking system will serve as a demonstration plant, aiming to validate the commercial and operational readiness of H2SITE's integrated membrane reactor approach at an industrially relevant scale, with the goal of advancing the decarbonization of hard-to-abate sectors.
Article content
'This project represents an important milestone for the development of our technology. It enables the next steps toward commercializing our units for industrial sectors, energy hubs (such as ports and large-scale distribution centers), and onboard maritime applications,'
Article content
said Andres Galnares, CEO of H2SITE.
Article content
As the hydrogen economy develops, efficient solutions for transporting low-carbon hydrogen are essential. Ammonia is a promising hydrogen carrier due to its high volumetric energy density and existing infrastructure, and more than 20 million tons of ammonia are transported by ship every year. Advances in ammonia cracking technology such as H2SITE's integrated membrane reactor will be an enabler to making this pathway competitive, enabling large-scale, flexible hydrogen supply chains.
Article content
H2SITE, founded in 2020, is a technology company specializing in the on-site production and separation of high-purity hydrogen. The company utilizes exclusive palladium-alloy membrane reactor technology to efficiently convert various feedstocks including ammonia, methanol, and syngas into hydrogen. Additionally, H2SITE enables the separation of hydrogen from low-concentration gaseous mixtures for applications such as salt caverns or geologic hydrogen. By decentralizing hydrogen production through innovative ammonia cracking and separation solutions, H2SITE addresses the challenges of cost-effective hydrogen transportation and storage, significantly reducing associated costs and emissions.
Article content
Article content
Article content
Orange background

Try Our AI Features

Explore what Daily8 AI can do for you:

Comments

No comments yet...

Related Articles

Email Encryption Market New Trends, Growth Outlook, Top Key Players, Industry Analysis, Advance Technology, Future Development & Forecast
Email Encryption Market New Trends, Growth Outlook, Top Key Players, Industry Analysis, Advance Technology, Future Development & Forecast

Globe and Mail

time4 hours ago

  • Globe and Mail

Email Encryption Market New Trends, Growth Outlook, Top Key Players, Industry Analysis, Advance Technology, Future Development & Forecast

Email Encryption Market by Type (End to End Encryption, Email Gateway Encryption, Message Encryption), Offering (Solutions, Services (Professional, Managed)), Vertical (Healthcare, IT & ITeS, Government, BFSI), Region - Global Forecast to 2030. The email encryption market is expected to expand at a compound annual growth rate (CAGR) of 20.2% from USD 9.30 billion in 2025 to USD 23.33 billion by 2030. Due to an increase in ransomware, phishing, and business email infiltration, the market for email encryption is growing. Organizations are adopting email encryption solutions as a result of rising regulatory pressure to encrypt sensitive communications in order to comply with laws such as the CCPA, GDPR, HIPAA, and other data protection laws. Email encryption services and solutions have become more popular as a result of growing worries about email security brought on by the trend toward remote and hybrid work as well as the growing use of cloud-based email platforms like Office 365 and Google Workspace. Download PDF Brochure@ The increasing sophistication and frequency of cyberattacks, such as Business Email Compromise (BEC) scams and spear-phishing attacks targeting private data, are leading to the expansion of the email encryption market. Additionally, the growing digitization of sectors like government, healthcare, legal services, and finance has further heightened the need to secure confidential data in transit. Global regulations such as GDPR in Europe, HIPAA in the US, and other international data protection regulations are driving organizations worldwide to adopt strong encryption practices to avoid fines and legal consequences. Furthermore, businesses are prioritizing secure email communication among distributed and remote teams due to the increased attack surface created by the rapid adoption of cloud-based platforms and hybrid work environments. These factors have collectively resulted in significant investments in email encryption solutions worldwide. Based on vertical, healthcare sector to register highest CAGR during forecast period. There is a rapid growth in the adoption of email encryption in the healthcare sector, driven by the need to comply with stringent regulatory requirements, such as the Health Insurance Portability and Accountability Act (HIPAA) in the US, particularly regarding patient data protection. According to HIPAA regulations, healthcare organizations in many countries, including the US, are required to safeguard patient health information, especially when transmitted via email. Moreover, healthcare organizations are increasingly investing in advanced encryption tools as cyber threats targeting health data rise, particularly given its high black market value. Healthcare institutions worldwide aim to minimize the risk of data breaches, enhance the security of email communications, and avoid serious legal consequences. This heightened concern for safety and regulatory mandates fuels the rapid growth of email encryption within the healthcare sector. By deployment mode, on-premises segment to hold largest market size during forecast period. The on-premises deployment mode is expected to dominate the email encryption market during the forecast period, mainly because it is extremely popular among government agencies and large businesses that prioritize complete control over their data security setup. These organizations often handle highly sensitive or regulated data, and due to concerns about data sovereignty, compliance, and breach risks, they are reluctant to rely on external cloud providers. By offering greater flexibility, interoperability with legacy systems, and protection against outside access, on-premises solutions allow enterprises to maintain direct control over encryption keys and security procedures. In sectors where strict data protection laws and internal security requirements prevail, such as defense, banking, and healthcare, this deployment strategy remains particularly favored. These factors drive the demand for on-premises deployment in the email encryption market. By region, Asia Pacific to register highest CAGR during forecast period. The Asia Pacific (APAC) region is witnessing the fastest growth in the email encryption market due to the rapid digital transformation and a sharp increase in cyber threats. As per Abnormal Security's 2025 data, advanced email attacks have increased in countries like Japan, Singapore, India, and Australia, up almost 27% overall and over 30% in phishing alone, with a 37% spike in Japan and Singapore. Due to the strategic positions of these APAC countries in international trade, finance, and defense, they frequently become the focus of sophisticated and state-sponsored cyberattacks, such as targeted phishing and BEC. With traditional defenses proving inadequate, there is a rising demand for AI-powered email encryption solutions that offer real-time threat detection, behavioral analysis, and secure integration with mobile and cloud platforms. Further, with an increase in regulatory pressure and a rise in digital adoption, email encryption is becoming a strategic necessity across APAC. Request Sample Pages@ Unique Features in the Email Encryption Market One of the most distinguishing features of the email encryption market is the use of robust end-to-end encryption protocols. These solutions ensure that only the intended recipients can read the message content, even preventing email service providers from accessing the data. This is especially critical for industries handling sensitive information like healthcare, finance, and legal services. Email encryption solutions are often designed with compliance in mind, offering features that help organizations meet regulatory mandates such as GDPR, HIPAA, and FINRA. These include policy-based encryption, audit trails, and customizable key management systems, ensuring organizations stay compliant while maintaining communication confidentiality. Modern email encryption platforms stand out for their ease of integration with widely used email clients such as Microsoft Outlook, Gmail, and mobile apps. These solutions often operate in the background with minimal user intervention, removing traditional barriers to adoption like cumbersome encryption keys or complex workflows. Vendors in this market offer flexible deployment options including on-premise, cloud-based, and hybrid models. Cloud-based email encryption, in particular, has gained traction for its scalability, cost-efficiency, and simplified maintenance, making it attractive to SMEs and large enterprises alike. Innovative email encryption platforms provide advanced key management capabilities such as automatic key generation, key recovery, and secure key storage. Some even use blockchain or quantum-resistant algorithms to future-proof their encryption services, appealing to security-conscious organizations. Major Highlights of the Email Encryption Market The rise in cyberattacks, phishing scams, and data breaches has significantly accelerated the demand for secure communication channels. Email encryption has emerged as a critical solution for protecting sensitive information and maintaining business continuity, especially in sectors such as healthcare, banking, legal, and government. Stringent data protection regulations like GDPR in Europe, HIPAA in the U.S., and global data sovereignty laws are compelling organizations to implement email encryption solutions. Compliance requirements are no longer optional, and vendors offering built-in regulatory support are seeing increased traction. The market is witnessing a notable shift from traditional on-premise encryption models to flexible and scalable cloud-based solutions. These offerings are particularly attractive to small and medium-sized enterprises (SMEs) due to their lower upfront costs, easy deployment, and minimal maintenance. Email encryption tools are increasingly being integrated with productivity suites like Microsoft 365, Google Workspace, and other CRM or collaboration platforms. This seamless integration improves user adoption and ensures secure communications without disrupting existing workflows. Inquire Before Buying@ Top Companies in the Email Encryption Market The email encryption market is led by some of the globally established players, such as Fortinet (US), BAE Systems (UK), Mimecast (UK), Cisco (US), Proofpoint (US), Zoho (India), Broadcom (US), OpenText (Canada), Barracuda Networks (US), Thales (France), HPE (US), Entrust (US), Fortra (US), Sophos (UK), Trend Micro (Japan), and Seclore (US). The market players have adopted various strategies, such as developing advanced products, partnerships, contracts, expansions, and acquisitions, to strengthen their position in the market. The organic and inorganic strategies have helped the market players expand globally by providing advanced email encryption solutions and services. Fortinet (US) is a global cybersecurity leader known for its integrated approach to securing users, devices, and data across complex digital environments. In the email encryption market, Fortinet offers cutting-edge solutions that use cryptographic standards like PGP, S/MIME, and TLS to shield private communications and email content from unauthorized access. These features are essential to Fortinet's broad goal of providing enterprise-class cybersecurity solutions that address evolving digital threats. Supported by more than 1,200 worldwide patents and a workforce of more than 12,500 workers, Fortinet's innovation is driven by its commitment to security excellence and extensive technical knowledge. Over 10,000 clients, including businesses, SMBs, and service providers, are served by the company in 180 countries. With a significant presence in North America, Europe, Asia Pacific, the Middle East, Africa, and Latin America, Fortinet is a major player in the rapidly expanding email security market, and its email encryption products are trusted globally. In December 2024, Fortinet (US) acquired Perception Point (Israel) to expand its AI-powered security across email, browsers, and collaboration tools like Slack, Teams, and Google Workspace. This strategic move integrates Perception Point's advanced threat detection and cloud-native capabilities into the Fortinet Security Fabric, enhancing protection for the modern hybrid workspace and extending FortiMail and user-facing security solutions across a broader digital ecosystem. Mimecast (UK) is a global provider of email and collaboration security with a focus on SaaS-based solutions for email encryption, proactive threat protection, and data loss prevention. Advanced encryption services from the corporation are a component of a broader offering designed to combat internal weaknesses, human mistakes, and cyberattacks. Mimecast helps companies safeguard their communication infrastructure in a constantly changing threat landscape, serving over 40,000 organizations in more than 100 countries. Mimecast is renowned for its inventiveness and was named a Market Leader by Cyber Defense Magazine in the 2022 Global Infosec Awards. Its expansion and strategic significance are further demonstrated by Permira's recent acquisition of it in a USD 5.8 billion private equity transaction. With a significant presence in North America, Europe, the Middle East & Africa, and Asia Pacific, Mimecast serves clients in the BFSI, healthcare, manufacturing, and public sectors. With more than 2,000 workers and 13 locations in the US, the UK, South Africa, Australia, and Singapore, Mimecast is still at the forefront of providing intelligent, scalable, and safe email encryption solutions. In November 2024, Mimecast announced significant AI-powered enhancements to its email and insider risk defenses. The Advanced Business Email Compromise (BEC) Protection now integrates natural language processing (NLP) to detect and prevent sophisticated, payloadless email threats by analyzing semantic intent, user relationships, and communication patterns. This update allows administrators to understand the context behind threats and strengthens email security through deeper visibility and proactive detection. BAE Systems (UK), a leading UK-based defense and aerospace company, operates in the email encryption market through its cybersecurity division, offering advanced data protection solutions for government, defense, and enterprise clients. Leveraging its expertise in secure communications and threat detection, BAE provides email encryption tools that ensure confidentiality, integrity, and compliance with regulatory standards. These solutions are part of its broader cybersecurity portfolio aimed at protecting sensitive communications from sophisticated cyber threats, particularly in high-security environments. Cisco (US), a major U.S.-based technology company, plays a significant role in the email encryption market through its security-focused solutions like Cisco Secure Email (formerly Cisco Email Security). Designed to protect organizations from data breaches, phishing, and compliance violations, Cisco's email encryption services offer end-to-end protection, policy-based encryption, and secure message delivery. Integrated with its broader cybersecurity and networking ecosystem, Cisco's solutions help enterprises safeguard sensitive communications across cloud and hybrid environments. Proofpoint (US), a U.S.-based cybersecurity company, is a key player in the email encryption market, offering cloud-based solutions that secure sensitive email communications for businesses of all sizes. Its email encryption services are part of a broader suite aimed at preventing data loss, ensuring regulatory compliance, and protecting against advanced threats. Proofpoint's solutions use policy-driven encryption, secure web portals, and seamless integration with existing email systems to provide secure, user-friendly communication while reducing risk and complexity for organizations.

Market Analysis: July 3rd, 2025
Market Analysis: July 3rd, 2025

Globe and Mail

time4 hours ago

  • Globe and Mail

Market Analysis: July 3rd, 2025

Global Markets Canadian Markets Canada's TSX closed higher on Thursday, on bullish sentiment spilling over from south of the border, even though oil and gold prices retreated. Canada's trade deficit dropped to $5.9 billion in May, down from a record $7.6 billion in April, according to Statistics Canada. The improvement was driven by a 1.1% increase in exports, which totaled $60.8 billion. A key contributor was a 15.1% surge in metal and non-metallic mineral product exports, led by a 30.1% jump in unwrought gold, silver, and platinum group metals—primarily unwrought gold. However it is expected that Canadian exports to the USA will continue to fall over the longer term, as trade volumes are being severly impacted by tariffs. American Markets American markets staged a broad based rally as employers in the U.S. added 147,000 jobs in June, significantly exceeding the consensus forecast of 110,000. The unemployment rate, which was expected to tick up to 4.3%, instead dropped to 4.1%, down from 4.2% in May. The better-than-expected labor data helped reinforce the belief that the U.S. economy remains on solid footing, even as inflation moderates and the Federal Reserve remains cautious about interest rate policy. The data may reduce the urgency for further rate hikes and supports the case for a soft landing. European Markets European markets also pushed higher after the European Central Bank (ECB) said that inflation across the eurozone is now on a long-term downward trajectory. That announcement helped lift investor sentiment across the continent and pushed the euro lower in intraday trading, giving a further tailwind to European exporters. German car exports to the U.S. fell in April and May, highlighting the impact of rising tariffs. In the UK, stock markets rose following the release of strong services sector data. The S&P Global UK Services PMI rose to 52.8 in June from 50.9 in May, the fastest growth rate in ten months. The expansion reflects a rebound in spending by both businesses and consumers, as easing inflation provided a boost to economic activity. In a separate Bank of England (BoE) survey, UK firms reported trimming their expectations for wage growth in the year ahead—another signal that inflationary pressures may be moderating. Corporate News Airbus: Airbus is close to securing an order from Malaysia Aviation Group for additional A330neo long-haul jets, according to industry sources. Alphabet Inc (Google): A jury in California ordered Google to pay over $314.6 million to Android users in a lawsuit alleging it misused cell phone data by collecting information from idle devices without user consent. Google plans to appeal the verdict. Inc: Jeff Bezos sold approximately $737 million worth of Amazon shares in late June, part of a 10b5-1 trading plan adopted in March. Bezos still owns around 905 million shares of Amazon stock. Barclays: Barclays has made executive changes in its Asia Pacific investment banking division to support growth, even as it reviews global capital allocation. Centene Corp: Centene withdrew its 2025 earnings forecast after new data suggested a $1.8 billion drop in risk adjustment revenue, largely due to sicker patient populations and slower market growth. Shares fell in extended trading. Goldman Sachs Group Inc: Goldman Sachs appointed Raghav Maliah as chairman of investment banking while retaining his current leadership roles in Asia Pacific M&A and TMT. Intel Corp: Intel is considering shifting its foundry business strategy, potentially pulling back on offering its advanced 18A chipmaking technology to external customers—a move that could lead to major write-offs. KKR & Co Inc: KKR will acquire British instrument maker Spectris for $6.46 billion, prompting Spectris to abandon a previous offer from Advent. Spectris shares soared nearly 88% since Advent's initial bid in early June. Paramount Global: Paramount agreed to a $16 million settlement with former U.S. President Donald Trump over a lawsuit regarding an interview broadcast. The funds will go to Trump's future presidential library, not to him directly. Siemens AG: Siemens received notification that U.S. export restrictions on chip design software for China have been lifted, according to a company statement reported by Bloomberg. Tesla Inc: Tesla's sales of China-made EVs rose 0.8% year-over-year in June, ending an eight-month losing streak, though quarterly sales still declined 6.8% amid intensifying competition from Chinese automakers.

The 2025-2026 World Branding Awards Animalis Edition Honouring Leading Pet and Animal Brands Globally
The 2025-2026 World Branding Awards Animalis Edition Honouring Leading Pet and Animal Brands Globally

National Post

time7 hours ago

  • National Post

The 2025-2026 World Branding Awards Animalis Edition Honouring Leading Pet and Animal Brands Globally

Article content Article content LONDON — The 2025-2026 World Branding Awards Animalis Edition marked its fifth instalment, bringing together leading pet and animal brands from all around the world. These brands were celebrated for their outstanding achievements, earning recognition as National, Regional, and Global Winners. Article content Article content The awards ceremony, held at Vienna's prestigious Hofburg Palace, welcomed winners across diverse categories, including pet food, retail, wellness, pet exhibitions, and aquatic products. Mounia Berrada-Gouzi expertly hosted the evening, which culminated in a grand celebration of brand excellence. Article content 'The Animalis Edition of the World Branding Awards recognises brands that have achieved the highest distinction—genuine recognition in the hearts and minds of consumers. Tonight, we honour those whose names resonate globally, whose values inspire loyalty, and whose presence defines excellence in the pet and animal industry,' said Richard Rowles, Chairman of the World Branding Forum. Article content Out of over 950 brands nominated by more than 80,000 consumers in a global online survey, only the top 105 brands from 25 countries achieved the coveted title of winner. Earning a World Branding Award is a significant achievement, solidifying their status as industry leaders. Article content Proving their excellence and impeccable branding, the Global tier winners include Frontline (Germany), Kit Cat (Singapore), KONG (UK), Sheba (USA), and Whiskas (USA). Article content National tier winners include Bamboodles (UK), Bok Dok (Thailand), CIAO (Japan), Cooper and Gracie (UK), Delibest (Switzerland), Heads Up For Tails (India), Kaniva (Thailand), Kasty (Thailand), Kelly & Co's (Thailand), Nutriment Natural Treats (UK), OhMyPet! Expo (Malaysia), Pampered Pets (Singapore), Petio (Japan), Powercat (Malaysia), Pramy (Thailand), Topbreed (The Philippines), and Vancat (Türkiye), to name a few. Article content Regional tier winners include Alps Natural (Malaysia), EHEIM (Germany), and Hikari (Japan). These brands were voted as consumers' favourites in 4 or more countries across 3 or more areas in a specific geographic region. Article content As the 2025-2026 World Branding Awards Animalis Edition concludes, the highly anticipated Global Edition of the World Branding Awards is set to return to the stage this November. Article content The World Branding Awards is the premier award of the World Branding Forum, a registered non-profit organisation. The awards recognise the achievements of some of the world's best brands. Article content SOCIAL MEDIA Article content Facebook: Article content Article content Twitter: Article content Article content Instagram: Article content Article content LinkedIn: Article content Article content Article content Article content Article content Article content Article content Article content

DOWNLOAD THE APP

Get Started Now: Download the App

Ready to dive into a world of global content with local flavor? Download Daily8 app today from your preferred app store and start exploring.
app-storeplay-store