Philomaxcap AG, a Frankfurt-listed company, has partnered with Canadian clean hydrogen producer ProtonH2 to explore the integration of their technologies and commercial strengths in the hydrogen sector. The collaboration aims to combine ProtonH2's proprietary ISHG™ technology for low-cost clean hydrogen production with GenH2's modular liquefaction systems and zero-loss Controlled Storage systems. This partnership is expected to create an end-to-end hydrogen value chain with superior cost-efficiency. ProtonH2's innovative model converts end-of-life oil and gas assets into clean hydrogen hubs, producing hydrogen for under USD 0.75/kg. The companies plan to leverage GenH2's global footprint to expand markets for ProtonH2's clean hydrogen output. The partnership also focuses on developing scalable and distributed infrastructure, utilizing GenH2's modular liquefiers at ProtonH2's production sites like the Kerrobert Power Project in Saskatchewan. This approach enables localized production and delivery of liquid hydrogen, minimizing transport costs and emissions. Both CEOs have expressed excitement about the partnership's potential to redefine the economics and scalability of liquid hydrogen, aiming to meet the growing global demand for commercially viable clean hydrogen. The MOU between Philomaxcap AG and ProtonH2 establishes a framework for collaboration in various areas such as liquefaction deployment, hydrogen offtake, asset integration, and new market development. This agreement reflects the companies' shared commitment to enabling clean hydrogen production on a global scale.