Recognition places P2H2 among 100 of the world’s most promising early-stage technology companies advancing solutions to global challenges
COLUMBUS, Ohio (June 10, 2026) — Power to Hydrogen (P2H2), the Ohio company building anion exchange membrane (AEM) electrolyzers designed to cut green hydrogen production costs by up to 65%, has been selected as a 2026 Technology Pioneer by the World Economic Forum. It joins a global cohort of 100 early-stage companies from 23 countries, with program alumni including some of the world's most recognized names: Google, Twitter, Airbnb, Spotify, Kickstarter, Wikimedia, Wise (formerly TransferWise) and more as Technology Pioneers. Each company was selected as an early-stage company long before it became a household name.
The WEF Technology Pioneers program recognizes companies whose technologies have the potential to reshape industries and address pressing global challenges. For P2H2, the selection validates a singular focus: making anion exchange membrane (AEM) electrolysis real at industrial scale, so that green hydrogen can be produced durably, affordably, and at the pace the energy transition requires. It is the only hydrogen company on this year's list.
AEM electrolyzer technology: from lab validation to the industrial deployment
Green hydrogen — produced through electrolysis by splitting water into hydrogen and oxygen using renewable electricity — is widely seen as essential to decarbonizing heavy industry and transport. The barrier has always been cost. P2H2's hybrid AEM electrolyzer is designed to remove that barrier.
The cost of producing green hydrogen comes down almost entirely to the electrolyzer at the center of the system. Conventional technologies either struggle to run on variable renewable power or rely on rare and expensive materials, like iridium, that price most projects out. P2H2 is built to close that gap. It features high efficiency, low-cost iridium-free materials and is designed to run on wind and solar.
That technology is now operating outside the lab. P2H2 is deploying a commercial-scale AEM system at the Port of Antwerp-Bruges, one of Europe’s largest industrial ports. Additionally, P2H2 is building a 0.5 MW electrolyzer for the EU’s PYROCO2 project with research organization SINTEF, where green hydrogen will combine with captured CO₂ to produce zero-emission acetone. Together, these projects move P2H2 from promising pilots toward repeatable, financeable industrial deployment.
P2H2 CEO: AEM electrolysis has solved the durability and scale problem
“For years, AEM electrolysis has been described as the technology that could unlock low-cost green hydrogen — if only it could be made durable and built at scale. That’s exactly the problem our team set out to solve, and it’s what we’re proving today in real industrial settings,” said Dr. Paul Matter, CEO and co-founder of Power to Hydrogen. “Being named a World Economic Forum Technology Pioneer is a meaningful signal to our customers, partners and investors that this work is credible and that the timing is right. We’re proud to represent American-made clean-energy technology in this community.”
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About Power to Hydrogen
Power to Hydrogen (P2H2) is a U.S.-based clean-energy technology company developing industrial-scale anion exchange membrane (AEM) electrolyzer systems for low-cost green hydrogen. Headquartered in Columbus, Ohio, the company is commercializing a hybrid AEM architecture designed to deliver PEM-like performance at alkaline-like cost, with the durability and dynamic response needed to run on variable wind and solar power. P2H2 systems are being deployed in industrial settings in the United States and Europe, including a flagship project at the Port of Antwerp-Bruges and a green-chemicals project with SINTEF under the EU PYROCO2 initiative. Learn more at www.power-h2.com.
About the World Economic Forum Technology Pioneers
Launched in 2000, the Technology Pioneers is a leading community for early-stage companies from around the world that are shaping the future through breakthrough technologies and innovations. These companies are selected for their potential to have a significant impact on business and society and are invited to engage with public and private sector leaders through the World Economic Forum’s global platform.
The Technology Pioneers community is part of the Innovator Communities at the World Economic Forum, which convene the world’s leading global start-ups across different growth stages from early-stage Technology Pioneers to growth-stage Global Innovators and unicorn companies valued at more than $1 billion.
About the 2026 Technology Pioneers
This year’s cohort reflects several major shifts shaping the frontier technology landscape, including advances in clean and abundant energy. The companies are also working across artificial intelligence, health, manufacturing, space, and the bioeconomy. Since 2000, the WEF Technology Pioneers program has recognized some of the largest global companies as early-stage companies, long before they became household names. You can explore the full 2026 Technology Pioneers community at wef.ch/techpioneers26.
