Innovating the Future of hydrogen compressors
Cyrus aspires to become the leader in providing affordable and accessible hydrogen fuel for direct use
Jorgo Chatzimarkakis
HYDROGEN EUROPE
“The inauguration of this HRS is a huge step towards the development of a hydrogen market in Greece. The innovative compression system used inside this HRS highlights the importance of spin-off companies and their contribution to the further development of hydrogen technologies."
Christos Dimas
Deputy Minister of Research & Innovation
"The first hydrogen refueling station is a glimpse of the future and a step towards the green transition. ... The hydrogen station incorporates an innovative compression technology developed by CYRUS SA, a spin-off company of NCSR DEMOKRITOS"
Vasilis Gregoriou
ADVENT
“Advent Technologies is making its first investment in Greece in the field of hydrogen. ADVENT together with Uni-fund and other private investors invest over 1 million euros in Cyrus ...”
HYDROGEN METAL HYDRIDE COMPRESSORS OFFER A WIDE RANGE OF ADVANTAGES
IN HRS
Transport applications are responsible for almost 25% of Greenhouse Gases Emissions in Europe. Hydrogen is the most efficient clean energy carrier in this sector. To support this shift towards cleaner energy, new infrastructures of Hydrogen Refueling Stations (HRS) are already underway. Hydrogen compressors are a key element of these stations, accounting for ca. 50% of their capital costs and over 60% of their O&M costs.
CYRUS S.A. has developed a novel Metal Hydride Compressor that can compress Hydrogen up to more than 200 bar and a working temperature of 85 °C making it suitable for scale-up, leveraging the easily accessible and relatively cheaper low grade heat.
Unique features
With Exceptional Quality
ECO-FRIENDLY DESIGN
CYRUS compressors can be driven only by RES (Solar Thermal) or Industrial Waste Heat.
No Critical Raw Materials are present
ZERO NOISE LEVELS
Provides the ability to install HRS including CYRUS solution in residential areas
PATENT PROTECTED
by the Hellenic Industrial Property Organisation (OBI)
FREEDOM TO OPERATE
Detailed Freedom to operate report by our patent attorneys of Wuesthoff & Wuesthoff, followed by a European patent application (protocol number 28533/2023).
FULLY CERTIFIED
CYRUS products are CE accredited having successfully passed all safety certifications
FULLY AUTOMATED
CYRUS compressors are fully automated and can be monitored remotely
AVAILABILITY & RELIABILITY
Modular product with high availability and reliability
LOW O&M
Use only cheap, low-grade thermal energy resulting in very low operating costs. Do not include mechanical parts, therefore maintenance costs are minimal
AWARDS & GRANTS
Award in the form of cost reimbursement of 50,000 EUR for the participation in stage 3 of the EIT - Climate KIC acceleration program in order to develop a detailed business plan
Innovation Award on Scientific Research to enhance efficiency and reduce carbon footprint of airport transport services using compressed hydrogen as a fuel
Finalist of the MITEF Greece Startup Competition 2020
An equity fund for capital growth
Pre-seed financing
for the implementation of
go-to-market strategies and
helping build the foundations of the entrepreneurial ecosystem
H2CYRUS project funded under the 2nd Round of the Single State Aid Action "RESEARCH - CREATE - INNOVATE" (2020 - 2022).
Total Budget: 549.850,00 €
Business Details
Contact
Address
TECHNOLOGY & SCIENCE PARK OF ATTICA "LEFKIPPOS"
Patriarchou Grigoriou E' & 27 Neapoleos str.
15341 Agia Paraskevi, Athens, Greece
