Smoltek Nanotech Holding AB has released a strategic update for its subsidiary, Smoltek Hydrogen AB, showcasing a groundbreaking development in green hydrogen production. The company's proprietary porous transport electrode (PTE) technology, based on carbon nanostructures, aims to revolutionize the performance of PEM electrolyzers for fossil-free hydrogen production. By significantly enhancing catalytic activity and reducing iridium consumption by up to 95%, the innovation represents a major step towards sustainable energy applications. Smoltek Hydrogen's PTE technology has already demonstrated the ability to produce hydrogen with minimal iridium usage, attracting collaborations with industry giants like Impact Coatings and Heraeus to further optimize production efficiency. With the PEM electrolyzer market expected to grow rapidly, Smoltek Hydrogen's business model emphasizes scalability and profitability through various revenue streams. The company's strategic roadmap includes crucial activities such as sustainability tests, partnership explorations, and discussions on licensing agreements to drive long-term value for shareholders. The potential cost savings and sustainability benefits offered by Smoltek Hydrogen's technology position it as a key player in the transition to green hydrogen economy.