TerraLIX

About TerraLIX

TerraLIX is a South Korean company founded in 2020 that specializes in manufacturing high-performance, air-cooled hydrogen fuel cell stacks. The company's core technology utilizes metal separator plates for superior water and heat management, resulting in lightweight and compact fuel cell stacks. These products are designed for various mobility applications, including large drones, and small-scale mobility solutions. TerraLIX's product line, branded as HYCUS, includes modules with power outputs such as 2.5kW and 4.5kW.

The company targets clients in need of portable and mobile power sources, offering solutions for applications like unmanned delivery, real-time road safety management, and offshore wind farm maintenance. TerraLIX has established a business model centered on the development and sale of these fuel cell modules and has developed a skateboard fuel cell platform that can be customized for different uses. Since its founding, the company has secured significant funding, raising a total of $11.7M as of April 2022. This includes investments from firms such as Shinhan Venture Investment, DSC Investment, and L&S Venture Capital. TerraLIX has achieved several milestones, including receiving European certification (CE) for its 1.5 kW portable fuel cell system and being selected as a 'First Penguin Company' by the Korea Credit Guarantee Fund.