Hydrogen (H2) leak detection and process gas monitoring solutions provider H2scan Corporation has secured a new strategic development partner.
Global innovation and engineering consulting firm Altran, which will also become a board member of H2scan, has made a minority equity investment in the California-based company. Financial details have remained undisclosed.
H2scan’s industry-leading H2 analysers and leak detectors are based on patented, solid-state core H2 sensor technology exclusively licensed from the US Department of Energy (DOE).
“This alliance is fully aligned with our strategy in the US”
Dominique Cerutti, Chairman and CEO of the Altran Group
It is understood that H2scan will use Altran as its development partner to support the advancement of the design of its custom system solutions, as well as the progression of a new, lower cost sensor and support for production efficiency initiatives.
Dominique Cerutti, Chairman and CEO of the Altran Group, said that H2scan is the ‘ideal partner’ and added, “This alliance is fully aligned with our strategy in the US, contributing to transforming Altran’s energy business into a higher value digitalised global offering.”
H2scan’s Chairman and CEO Mike Allman added, “Altran has already proven that they can shorten the lead time and provide a cost-effective solution for new products and designs as an Internet of Things (IoT).”