Joi Scientific™ Inc., creators of on-demand Hydrogen 2.0 production technology, has signed the first-ever license agreement for its technology with MarineMax®, the world’s largest boat and yacht retailer.
The license agreement grants MarineMax the exclusive rights to develop, manufacture, and sell propulsion and auxiliary boat power systems capable of running on hydrogen (H2) extracted from seawater using Joi Scientific’s Hydrogen 2.0 technology for the worldwide marine industry.
MarineMax and Joi Scientific will undertake joint development to bring H2-based energy solutions to leading vendors in the marine industry.
Hydrogen 2.0 is the world’s first H2 production process based on the clean and affordable extraction of H2 directly from untreated seawater, on-demand, at the point of use. Hydrogen 2.0 technology will allow MarineMax to power boats, yachts, and ships using direct combustion, hybrid electric, or fuel cells to convert the H2 to power. This power can be used for multiple applications—including auxiliary power for lighting, heating, cooling, and cabin services, in addition to primary or secondary propulsion of any vessel.
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