Philomaxcap AG, a Frankfurt-listed company and parent of U.S.-based GenH2, recently announced a Memorandum of Understanding (MOU) with Canadian clean hydrogen producer ProtonH2. The partnership aims to explore the integration of their respective technologies and commercial strengths to enhance the hydrogen midstream value chain. ProtonH2's ISHG™ technology, converting end-of-life oil and gas assets into clean hydrogen at a low cost, complements GenH2's modular liquefaction systems and zero-loss storage, promising unmatched cost-efficiency in hydrogen production. The collaboration is set to unlock new markets for clean hydrogen, starting with the Kerrobert Power Project in Saskatchewan, and leveraging Philomaxcap's global footprint and sales channels. By utilizing GenH2's scalable liquefiers and ProtonH2's production sites, the partnership enables localized and cost-effective liquid hydrogen production and delivery, minimizing transport emissions. Both companies plan to co-develop hydrogen infrastructure projects with a scalable model ready for global expansion. CEO statements from both Philomaxcap and ProtonH2 highlight the potential of the partnership to redefine the economics and scalability of liquid hydrogen production, meeting the growing global demand for clean energy solutions. The MOU outlines collaboration in liquefaction deployment, hydrogen offtake, asset integration, and new market development, emphasizing the commitment to delivering commercially viable clean hydrogen at a global scale. Philomaxcap AG and GenH2 aim to revolutionize the hydrogen industry by combining their expertise and resources, ultimately driving the energy transition towards a sustainable future.