An Israeli company working on technology to produce oxygen on the moon for future settlement has hit on a recipe it says could substantially reduce carbon dioxide emissions and costs for the steel industry. Read...
Read MoreHelios, backed by the Israeli Energy Ministry and the Israel Space Agency (ISA), is using a reduction process that recycles the proprietary reducing agent in a closed loop, emitting only oxygen, and by doing so, reducing the overall energy needed in ironmaking by up to 50%. Read...
Read MoreSteel factories emit around 3 billion tons of CO2 a year. A new way of producing it eliminates direct CO2 emissions and cuts energy use in half. Read...
Read MoreTEL AVIV, Israel, July 13, 2022 /PRNewswire/ — Helios announces that its ambition to create an emission-free future for the steel industry will be fuelled by $6M in capital, due to a seed round led by At One Ventures, the “net positive to nature” investment firm, and Doral Energy-Tech Ventures. Deep tech investor Metaplanet and a global Top 5 mining company are also participating in this round. Read...
Read MoreOn its mission to develop onsite resources for the Moon, Israel-based space tech startup Helios stumbled across a novel approach to iron production. Read...
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