Titan Hydrogen unveiled today (July 14) that it is undertaking a capital raising of up to A$1m ($746,000) to help set the group up to launch an IPO and become a publicly listed company in Q4 of 2021/Q1 2022.
The company has a patent application pending for its hydrogen fuel cell technology that will enable a much more rapid uptake of commercial vehicles fuelled by hydrogen.
This has been identified as a significant area to target due to, as the company said, there are no hydrogen-fuelled trucks or buses in commercial use in Australia.
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