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Philomaxcap and ProtonH2 Sign MOU to Deliver Scalable, Low-Cost Hydrogen Infrastructure
Philomaxcap and ProtonH2 Sign MOU to Deliver Scalable, Low-Cost Hydrogen Infrastructure

Associated Press

time08-07-2025

  • Business
  • Associated Press

Philomaxcap and ProtonH2 Sign MOU to Deliver Scalable, Low-Cost Hydrogen Infrastructure

'Philomaxcap and GenH2 have essential technology and equipment for the hydrogen midstream value chain.'— Josh McMorrow, CEO of Philomaxcap AG and Executive Chairman of GenH2 TITUSVILLE, FL, UNITED STATES, July 8, 2025 / / -- Philomaxcap AG, a Frankfurt-listed company and parent of U.S.-based liquid hydrogen innovator GenH2, has entered into a Memorandum of Understanding (MOU) with Canadian clean hydrogen producer ProtonH2 to explore the integration of their respective technologies and commercial strengths. Strategic Advantages of the Partnership · Transformational Combination of Low-Cost Production with Advanced Liquefaction: ProtonH2's proprietary ISHG™ technology transforms end-of-life oil and gas assets into clean hydrogen hubs, producing low-carbon hydrogen for under $0.75/kg. When coupled with GenH2's modular liquefaction systems and zero-loss Controlled Storage systems, the partnership delivers an end-to-end hydrogen value chain with unmatched cost-efficiency. · Unlocking New Markets for Clean Hydrogen: With an expanding portfolio of production sites—starting with the Kerrobert Power Project in Saskatchewan—ProtonH2 creates a pipeline of clean hydrogen supply ready for commercialization. Philomaxcap, through GenH2, brings a global footprint and existing sales channels for midstream hydrogen opportunities. This has the potential to open downstream markets for ProtonH2's clean hydrogen output. · Scalable and Distributed Infrastructure: GenH2's modular and scalable liquefiers are ideally suited for ProtonH2's production sites, including its Kerrobert Power Project in Saskatchewan. This model enables localized production and delivery of liquid hydrogen, minimizing transport costs and emissions. · Global Expansion Readiness: The companies intend to explore opportunities to co-develop hydrogen infrastructure projects using a replicable model that can scale across jurisdictions. 'Philomaxcap and GenH2 have essential technology and equipment for the hydrogen midstream value chain,' said Josh McMorrow, CEO of Philomaxcap AG and Executive Chairman of GenH2. 'By linking ProtonH2's breakthrough clean hydrogen production with GenH2's patented modular liquefaction equipment and zero-loss liquid hydrogen controlled storage systems, we aim to redefine the economics and scalability of liquid hydrogen.' 'At ProtonH2, we've pioneered a model that converts legacy energy assets into scalable hydrogen production hubs—delivering clean hydrogen at costs that finally make widespread adoption viable,' said Paul Sandhu, CEO of ProtonH2. 'Partnering with Philomaxcap and GenH2 allows us to rapidly mobilize this model across regions, aligning world-class liquefaction and storage with breakthrough production to meet the urgency of global demand.' The MOU establishes a framework for collaboration across liquefaction deployment, hydrogen offtake, asset integration, and new market development. It reflects both companies' commitment to enabling clean, commercially viable hydrogen at global scale. About Philomaxcap AG ( ) Philomaxcap AG, based in Munich, is a managing holding company focused on the hydrogen industry that provides services for existing and yet-to-be-acquired investments. In 2025, the capital increase by contribution resulted in the full acquisition of GenH2 Corp., a US company specializing in liquid hydrogen technology and equipment. About GenH2 GenH2, a subsidiary of Philomaxcap AG (FRA:HBD1), is a technology leader in liquid hydrogen infrastructure systems for advanced clean energy. GenH2 solutions allow for safe hydrogen liquefaction, zero-loss storage, and transfer. The company focuses on mass-producing equipment to speed infrastructure buildout and make hydrogen accessible for everyday use around the globe. The technology team includes former NASA researchers and developers with decades of experience researching, engineering, and building hydrogen solutions. Learn more about GenH2 at About ProtonH2: ProtonH2 is a clean technology company focused on hydrogen production from end-of-life oil and gas reservoirs. With a mission to develop low-cost, low-carbon intensity industrial-scale hydrogen production, ProtonH2 is dedicated to advancing the energy transition and creating a sustainable future. Melissa Perlman BlueIvy Communications +1 561-310-9921 email us here Visit us on social media: LinkedIn Facebook X Legal Disclaimer: EIN Presswire provides this news content 'as is' without warranty of any kind. We do not accept any responsibility or liability for the accuracy, content, images, videos, licenses, completeness, legality, or reliability of the information contained in this article. If you have any complaints or copyright issues related to this article, kindly contact the author above.

Philomaxcap AG's (FRA:HBD1) top owners are individual investors with 51% stake, while 19% is held by insiders
Philomaxcap AG's (FRA:HBD1) top owners are individual investors with 51% stake, while 19% is held by insiders

Yahoo

time04-04-2025

  • Business
  • Yahoo

Philomaxcap AG's (FRA:HBD1) top owners are individual investors with 51% stake, while 19% is held by insiders

Significant control over Philomaxcap by individual investors implies that the general public has more power to influence management and governance-related decisions The top 6 shareholders own 49% of the company 19% of Philomaxcap is held by insiders This technology could replace computers: discover the 20 stocks are working to make quantum computing a reality. To get a sense of who is truly in control of Philomaxcap AG (FRA:HBD1), it is important to understand the ownership structure of the business. We can see that individual investors own the lion's share in the company with 51% ownership. Put another way, the group faces the maximum upside potential (or downside risk). Meanwhile, individual insiders make up 19% of the company's shareholders. Institutions will often hold stock in bigger companies, and we expect to see insiders owning a noticeable percentage of the smaller ones. In the chart below, we zoom in on the different ownership groups of Philomaxcap. See our latest analysis for Philomaxcap Institutions typically measure themselves against a benchmark when reporting to their own investors, so they often become more enthusiastic about a stock once it's included in a major index. We would expect most companies to have some institutions on the register, especially if they are growing. Philomaxcap already has institutions on the share registry. Indeed, they own a respectable stake in the company. This suggests some credibility amongst professional investors. But we can't rely on that fact alone since institutions make bad investments sometimes, just like everyone does. It is not uncommon to see a big share price drop if two large institutional investors try to sell out of a stock at the same time. So it is worth checking the past earnings trajectory of Philomaxcap, (below). Of course, keep in mind that there are other factors to consider, too. Hedge funds don't have many shares in Philomaxcap. Jong Baik is currently the company's largest shareholder with 16% of shares outstanding. For context, the second largest shareholder holds about 14% of the shares outstanding, followed by an ownership of 9.3% by the third-largest shareholder. On studying our ownership data, we found that 6 of the top shareholders collectively own less than 50% of the share register, implying that no single individual has a majority interest. While studying institutional ownership for a company can add value to your research, it is also a good practice to research analyst recommendations to get a deeper understand of a stock's expected performance. Our information suggests that there isn't any analyst coverage of the stock, so it is probably little known. While the precise definition of an insider can be subjective, almost everyone considers board members to be insiders. Company management run the business, but the CEO will answer to the board, even if he or she is a member of it. I generally consider insider ownership to be a good thing. However, on some occasions it makes it more difficult for other shareholders to hold the board accountable for decisions. Our most recent data indicates that insiders own a reasonable proportion of Philomaxcap AG. Insiders own €21m worth of shares in the €111m company. We would say this shows alignment with shareholders, but it is worth noting that the company is still quite small; some insiders may have founded the business. You can click here to see if those insiders have been buying or selling. The general public, mostly comprising of individual investors, collectively holds 51% of Philomaxcap shares. This level of ownership gives investors from the wider public some power to sway key policy decisions such as board composition, executive compensation, and the dividend payout ratio. With an ownership of 5.6%, private equity firms are in a position to play a role in shaping corporate strategy with a focus on value creation. Some investors might be encouraged by this, since private equity are sometimes able to encourage strategies that help the market see the value in the company. Alternatively, those holders might be exiting the investment after taking it public. We can see that Private Companies own 10%, of the shares on issue. Private companies may be related parties. Sometimes insiders have an interest in a public company through a holding in a private company, rather than in their own capacity as an individual. While it's hard to draw any broad stroke conclusions, it is worth noting as an area for further research. It's always worth thinking about the different groups who own shares in a company. But to understand Philomaxcap better, we need to consider many other factors. To that end, you should learn about the 4 warning signs we've spotted with Philomaxcap (including 3 which are concerning) . Of course this may not be the best stock to buy. Therefore, you may wish to see our free collection of interesting prospects boasting favorable financials. NB: Figures in this article are calculated using data from the last twelve months, which refer to the 12-month period ending on the last date of the month the financial statement is dated. This may not be consistent with full year annual report figures. Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (at) article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned. Sign in to access your portfolio

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