HONEYWELL VENTURES TO MAKE INVESTMENT IN ELECTRIC HYDROGEN

Electric Hydrogen developing new generation of electrolyzer technology to enable green hydrogen production, cost effectively and at scaleFurther demonstrates Honeywell’s focus on technology investments to support sustainability across a wide range of industriesCHARLOTTE, N.C., July 11, 2022 /PRNewswire/ — Honeywell (Nasdaq: HON) today announced that Honeywell Ventures, its venture arm that invests in early-stage, high-growth companies that have emerging and disruptive technologies, has contributed to Electric Hydrogen’s Series B round financing. Honeywell joins a select group of investors and banks to bring the total funding for the round to $198M.Electric Hydrogen (EH2) is developing a new generation of electrolyzer technologies to split water into hydrogen and oxygen, which when powered by renewable energy like wind and solar, creates  green hydrogen. The funding will support…

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