According to filings with the U.S. Securities and Exchange Commission, Advanced Ionics is raising $24,000,000.00 in new funding. Sources indicate that as part of senior management President and Chief Executive Officer, Chad Mason played a key role in securing the recent investment and it will aid in aggressively expanding the company, as well as broaden and accelerate product development.

About Advanced Ionics
We’re making a future of sustainable, decarbonized industries worldwide. At Advanced Ionics, we’re on a mission to use our high-impact technologies to create sustainable industries for our customers and communities worldwide with the lowest-cost green hydrogen. Green hydrogen is a powerful vision. It’s a global necessity to beat back climate change. But let’s be honest: it’s too expensive. Green hydrogen production costs many times more than its dirty uncle today, and creates exactly the same product. How can hydrogen producers and users cope? How can you reconcile the demands of sustainability with the need to stay in business? The solution: advanced, next generation ionics that expand the limits of what’s possible. At Advanced Ionics, we’ve created a green hydrogen platform that allows industrial hydrogen producers and users to achieve sustainability, without sacrificing profit. We combine our breakthrough electrolyzer technology with onsite process and waste heat from industrial sites to produce green hydrogen for less than a dollar per kilogram. Yes, that’s less than fossil-fuel based methods, and possible in many places where hydrogen is produced today or wants to be produced tomorrow.

To learn more about Advanced Ionics, visit http://www.advanced-ionics.com/

Contact:
Chad Mason, President and Chief Executive Officer
701-446-8240
https://www.linkedin.com/in/chad-mason-2217073

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