Syzygy Plasmonics

Bringing breakthrough technology to market is no small feat, especially in the world of hydrogen production. Trevor Best, CEO of Syzygy Plasmonics, shared invaluable insights into their approach to scaling FOAK (first-of-a-kind) projects from pilot to small-scale commercialization. - Multiple FOAK stages: From small pilot systems to full-size commercial validation, each phase is critical to prove the technology works—and works economically. - Financial realities: FOAK projects often come in at 2x or greater over original budgets. Having a healthy contingency in budget and strategic planning are essential. - Strategic partnerships: Collaborations with industrial leaders have been crucial to de-risking Syzygy’s tech and securing investor confidence. -Financing challenges: FOAK financing is tough—many investors demand a 15% IRR, which is often unrealistic for early-stage projects. Syzygy’s journey offers a blueprint for how cleantech companies can navigate the complex path to commercialization, balancing technical validation with strategic financial planning. https://lnkd.in/gnHZd4dA

2024 has been an incredible year for Syzygy so far. Check out our latest newsletter for all the updates. https://hubs.ly/Q02SpDvY0 Here are some of the highlights at a glance: - Achieved nearly 3000 hours of performance testing of our Rigel? reactor cells - Demonstrated and optimized our Ammonia e-Cracking? for Hydrogen solution - Produced synthetic crude from greenhouse gases (GHGs) with RTI International - Shipped a Rigel cell to South Korea and installed it at a third-party site - Took on a featured role in Houston’s inaugural Climate & Energy Week - Received multiple awards and media mentions As for current projects, we are nearing completion of the GHG e-Reforming? demonstration plant upgrade in Pearland, and we are engineering and designing three small commercial plants to speed commercial traction.

????Mayor Vidalín champions a Syzygy-designed FOAK biogas-to-fuels plant in Uruguay The proposed first-of-a-kind (FOAK) plant will feature Syzygy’s GHG e-Reforming? solution to convert biogas from a dairy farm into sustainable fuel. Our team had the opportunity to sit down with local officials in Durazno this week to discuss the project. As reported in the Durazno Digital News Portal today, Mayor Carmelo Vidalín offered his assistance with aligning regulatory bodies in Uruguay to move the project forward, stating that the waste-to-value plant will “…place Durazno in an important spotlight so that other investments aimed at protecting the environment and our ecosystem can be established here in our Durazno.” We are incredibly excited about advancing plans to construct this plant. After successfully demonstrating our ability to make syngas and synthetic crude from CO2 and methane earlier this year, we can't wait to prove out the economics of using dairy gas and other biogases to produce sustainable aviation fuel (SAF) and other low-carbon drop-in fuels. Check out the full article: Mayor Vidalín received international businessmen specialized in converting biogas to fuel https://hubs.ly/Q02S235M0

????Congratulations to Syzygy co-founders and technical advisers Naomi Halas and Peter Nordlander of Rice University for winning a $7.5M grant through the DOD's MURI program! ???? Awarded in the Plasmonic-Controlled Single-Atom Catalysis category, the project continues the advancements Halas and Nordlander have made in #plasmonic #photocatalysis. This project is an extension of a previous United States Department of Defense MURI grant, the results of which enabled Syzygy to develop several processes with nonequilibrium chemistries and demonstrate our industrial applications with Rigel photocatalytic reactor cells. Read the full article from Rice News & Media Relations at https://hubs.ly/Q02Q_ZG80

The Gastech Start-Up Competition showcased innovative pitches from talented companies in climate tech and hydrogen sectors. Congratulations to our Climatetech start-up winner Trevor Best, Syzygy Plasmonics and Hydrogen start-up winner Kenneth Flessner, Transform Materials! This competition provides a valuable platform for start-ups to gain exposure, connect with venture capitalists, and receive constructive feedback. We look forward to seeing these companies grow in the future and thank you very much again for joining us. #Gastech #Hydrogen #Climatetech #AI

Massive thank you to the Aramco Ventures team for hosting us in the aramco stand last week at the Gastech 2024 conference in Houston! https://hubs.ly/Q02QF48F0

We had an incredible experience at #Gastech2024 in Houston this week! A big thank you to everyone who visited us at our booth and the Aramco booth. A special shoutout to aramco and Aramco Ventures for featuring us as one of their portfolio companies—what an honor! We also had a blast participating in the Start-up Competition, pitching alongside amazing founders. We're thrilled to have won the Climatetech category! https://hubs.ly/Q02QFcHM0 #Gastech #Climatetech #Startup

I will be at #GASTECH along with Syzygy Plasmonics team Lee French, Diana Rasner, Grace Memmo, Ole G Jensen and Ryo Kobayashi. Would love to talk to you about our amazing technology, commercial plans and potential partnerships. Find us at Stand CAH-11 or catch our presentation at the Aramco Booth on18th and 19th September at 3 PM! Register now to transform the future of energy through vision, innovation and action: https://lnkd.in/g7Fx9ZZj

Don't miss the opportunity to learn how you can be a part of FOAK small commercial plants at Gastech 2024. ??Lower the carbon footprint of hydrogen ??Produce fuel of the future from GHGs ??Decarbonize while cutting costs Message us directly to connect! Ishan Rao, Ph.D. - VP of Commercialization Lee French - VP of Marketing Ole G Jensen - Business Development Director EMEA Ryo Kobayashi - Business Development Director APAC Diana Rasner - Commercial Manager Technology Grace Memmo - Commercial Manager Suzanne Foti, APR - Government Relations Register: https://lnkd.in/eaV__xxX Learn more about Syzygy Plasmonics: https://lnkd.in/gsTCS-EW