Noble Gas Systems Inc. (US), a developer and manufacturer of innovative, conformable high-pressure hydrogen gas storage vessels, announced it has raised $4.2 million in this initial closing of Series B funding. Funds were provided by AP Ventures, which supported Noble Gas in its Series A Funding, with participation from new investors ALIAD (Air Liquide Venture Capital) and NOVA by Saint-Gobain, the venture arm of Saint-Gobain.

The funding will support development testing of the company's 700 bar (10,000 psi) design qualifications and completion of the application process to receive the U.S. Department of Transportation (DOT) Special Permit for Noble Gas storage vessels to be used in bulk storage and over-the-road transportation of hydrogen and other gases. Additionally, the funding will help accelerate the development of the pilot manufacturing plant and expand the research and development teams.

"We are thrilled to secure this round of funding and have the continued support of our partner, AP Ventures. This marks a significant step in advancing and commercializing our vessel technology, bringing us closer to delivering a scalable clean-energy solution."

The Noble Gas high-pressure, lightweight storage and delivery system can accommodate the most common compressed gases, including hydrogen, natural gas, air, oxygen and nitrogen. The gas storage system can be fabricated in a variety of shapes and sizes to be easily integrated into unique and existing product configurations. In addition to the transportation industry, it has applications in defense, aviation, marine and industrial gas industries.

Noble Gas recently relocated to a 32,000 sq. ft. facility in Wixom, Michigan, to consolidate the commercial and manufacturing operations, forming the company's world headquarters. The pilot manufacturing plant, currently in development, will manufacture vessels for low-production-volume projects and demonstrates the company's commitment to U.S.-based manufacturing.

Andrew Hinkly, Managing Partner at AP Ventures, said "We are pleased to continue supporting Noble Gas and to partner with new co-investors ALIAD and NOVA by Saint-Gobain. Their commercial and technological support will add significant value. This investment reflects the strong progress Noble Gas has made since our initial commitment in 2022. We look forward to working together to scale Noble Gas' novel gas storage solutions."

"Our investment in Noble Gas Systems establishes a collaboration and strategic partnership that will leverage Saint-Gobain's expertise in polymer material processing technologies as Noble Gas develops and produces its high-pressure hydrogen tank system," said Basma Kharrat, Vice President of External Ventures, NOVA by Saint-Gobain. "We look forward to our continued work together to advance this important technology for the development of clean-energy solutions, as part of our group commitment to making the world a better home."