Amogy and Mitsubishi Shipbuilding Have Completed a Feasibility Study of Ammonia Supply System for Ammonia-Powered Maritime Solution

Tokyo, Japan, June 28, 2024 - Amogy, a provider of mature, scalable, and efficient ammonia-to-power solutions, and Mitsubishi Shipbuilding Co., Ltd. (MSB), a part of Mitsubishi Heavy Industries (MHI) Group, have completed the feasibility study of collaboration concept designs of onboard hydrogen production and utilization with Amogy's ammonia-cracking technology and Mitsubishi Ammonia Supply and Safety System (MAmmoSS®).

Amogy and MSB concluded a Memorandum of Understanding (MoU) to undertake feasibility studies on an ammonia fuel supply system, with the aim of contributing to a new target set by the International Maritime Organization (IMO) of net zero greenhouse gas (GHG) emissions in the maritime industry by or around 2050. The studies were conducted by the two companies to confirm the feasibility of two collaboration concept designs - a power train combining ammonia cracking and hydrogen fuel cell for ships - a hydrogen supply facility for supplying hydrogen as pilot fuel to ammonia fuel engine.

Because ammonia is carbon-free, it has attracted attention as a fuel with the potential to contribute significantly to reducing GHG emissions in the maritime industry, and it is expected to be utilized in the future as a source of stable, clean energy. To unlock the potential of ammonia, 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. MSB will promote the decarbonization of the maritime industry, realize a carbon-neutral society, and contribute to the reduction of environmental impacts on a global scale by continuing to develop marine ammonia handling systems, such as fuel supply systems for a wide range of ammonia fuel consumers include this collaboration for onboard hydrogen production and utilization.

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, Mitsubishi Heavy Industries, and AP Ventures. For more information, follow Amogy on LinkedIn, X, Instagram, Threads, Facebook, and YouTube, or visit www.amogy.co.