Pajarito Powder doubled sales of commercial catalyst products over the difficult 2020 year. Despite numerous challenges to supply chain and transportation disruptions, facility social distancing requirements and limitations, and remote work spool-up, the Pajarito Powder team managed to double sales of commercial catalyst products over the prior year. This was attributed, largely, to increased interest in hydrogen fuel cell products, along with rapidly growing demand for hydrogen generation (electrolyzer) catalysts.
While the primary fuel cell catalyst markets were in Asia, electrolyzer catalyst demand was strong in North America, contributing to overall revenues and production volumes. Breakdowns of materials sold by volume leaned heavily towards Pajarito Powder’s proprietary Engineered Catalyst Support™ (ECS) products, followed closely by platinum, platinum alloy or other PGM catalyst products, utilizing the ECS material, followed by Engineered Electrolyzer Catalyst™ (EEC) materials and Precious-Metal-Free™ (PMF) catalyst products.
Pajarito Powder, LLC is a domestic venture-backed startup, funded by the Verge Fund, Omphalos Venture Partners and other investors, focused on developing next-generation catalysts and catalyst supports for the fuel cell and electrolyzer industries. Working with automotive OEMs, fuel cell component companies and major electrolyzer manufacturers, Pajarito Powder is an established leader in advanced catalyst and catalyst support development in rapidly accelerating clean/green hydrogen energy industries.