AFC Energy, a UK-based firm specializing in hydrogen power generation technologies, has announced a partnership with an undisclosed industrial S&P 500 company to develop a range of ammonia crackers for hydrogen production. Under the joint development agreement (JDA), the development costs incurred by AFC Energy will be reimbursed by the industrial partner. This collaboration is expected to bring in significant revenues for AFC Energy starting in 2027. John Wilson, CEO of AFC Energy, highlighted the strategic importance of this partnership in advancing the commercial viability of the hydrogen economy without relying on government subsidies. The company aims to introduce a suite of products, including ammonia crackers, alongside its hydrogen fuel cell power generators to propel the industry towards decarbonization. Ammonia plays a crucial role in international hydrogen trade, where it is used as a carrier to transport hydrogen via ships and then convert it back into hydrogen at the desired destination. In 2024, AFC Energy launched a subsidiary called Hyamtec to focus on commercializing its distributed ammonia cracking business. The subsidiary targets markets such as hydrogen-rich fuel gas for industrial heat generation, ammonia conversion for power generation and other sectors, and purified hydrogen production for fuel cells and transport applications.