Albuquerque hydroden development firm receives $20 million in federal funding

20231228-bizo-ja-energy-06.JPG (copy)

(Pajarito Powder CEO Tom Stephenson and project principal investigator Michele Ostraat stand in Pajarito’s new facility in December 2023. 


The federal government just handed out $20 million for a clean hydrogen energy project in New Mexico and it all went to one company.

The $20 million from the U.S. Department of Energy went to Pajarito Powder, a catylist manufacturer based in Albuquerque. The project was one of 52 in 24 states that received shares of a total of $750 million.

The company got two $10 million awards, one for work focused on electrolyzers and the other for advancing fuel-cell technology. The Albuquerque Journal reported Pajarito Powder received two awards of $10 million each. One was for advancing fuel-cell technology and the other was for work on electrolyzers.

Click here for Albuquerque Journal