Made in Connecticut: HyAxiom
Each month, we profile a Connecticut manufacturer, showcasing the ingenuity and innovation driving the state’s economy. For March, we spoke with Jeff (Hyungrak) Chung, president and CEO of HyAxiom. The company’s headquarters is in East Hartford, with a manufacturing plant in South Windsor.
When was your company founded?
In 2014, ClearEdge Power, formerly UTC Power, was acquired by Doosan Group, an energy-focused multinational industrial powerhouse from Korea with more than 125 years of history.
Formerly known as Doosan Fuel Cell of America, the company rebranded in 2022 as HyAxiom.
How many employees work for your company?
What products does your company manufacture? Who are your customers?
HyAxiom is a leading global fuel cell and hydrogen solutions provider.
Our customers include utilities, data centers, healthcare, transportation and defense infrastructure, manufacturing, higher education, commercial and maritime, among other markets.
What makes your company unique?
Our heritage dates back to the Apollo space program of the 1960s, when our fuel cells powered and provided water for the first successful moon landing.
While we were a division of the industrial giant United Technology Corporation, we spent decades developing groundbreaking products to make hydrogen fuel cells a viable way to power the world.
We were the first company to commercialize the stationary fuel cell and developed the first hydrogen-powered vehicles.
Why did you choose Connecticut?
With UTC’s long history in the fuel cell industry dating back to the 1960s, we wanted to continue the legacy and remain in Connecticut, a state that is infamous for its fuel cell expertise.
What is the greatest advantage to operating in Connecticut?
Connecticut is historically a hub for hydrogen fuel cell manufacturing.
The state is very supportive of the industry offering incentives for fuel cell and hydrogen production.
Where do you see your company in five years? Ten years?
To fulfill our mission of accelerating a sustainable, carbon-free energy future by delivering a full spectrum of reliable, cost-effective hydrogen-based products and solutions including fuel cells and electrolyzers.
What’s the main thing policymakers could implement to make your company more competitive?
Policymakers should continue to consider fuel cell and hydrogen energy providers to help decarbonize industrial sectors in Connecticut.
Fuel cells can replace traditional combustion generation, which will lead to lower greenhouse gas emissions and no criteria air pollutants.
When fully supported, fuel cells and hydrogen can be catalysts to a true, renewable energy system.
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