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Published on: July 4, 2023

Successful EU grant application

Hydrogen Utopia (HUI) announced this morning that it has been notified that its application for an EU grant has been successful. This would see Alister Future Technologies, HUI’s Irish subsidiary, reimbursed for 75% of expenditure of up to €0.45m. The grant is good news as this will provide the company with funds to help move the business forward. We believe there is potential for additional funding as governments look to reduce waste plastics and increase the use of hydrogen, which plays into the hands of HUI with its innovative technology.

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