FOR IMMEDIATE RELEASE

[Denver, CO | October 15, 2024] – Koloma, a leading geologic hydrogen exploration company, announced today a strategic investment from Mitsubishi Heavy Industries Americas, Inc. and Osaka Gas Co., Ltd. Both partnerships mark a significant step toward harnessing geologic hydrogen as a clean, abundant energy source, with global decarbonization efforts at the forefront.

Koloma, known for leveraging cutting-edge technology and proprietary data, is exploring vast natural hydrogen reserves with a focus on global commercialization. This collaboration underscores the belief of major industry leaders in geologic hydrogen’s potential to reshape the energy landscape.

“We are honored to welcome Mitsubishi Heavy Industries and Osaka Gas as strategic partners in advancing the geologic hydrogen industry,” said Pete Johnson, CEO of Koloma. “Together, we will accelerate the discovery and utilization of this promising energy source, driving innovation in the broader energy transition.”

Mitsubishi Heavy Industries and Osaka Gas bring decades of expertise and commitment to developing sustainable, hydrogen-based solutions. Their investment strengthens Koloma’s mission to unlock hydrogen’s potential and play a vital role in the energy transition.

Industry partnerships signal a new era for geologic hydrogen, with companies working together to create a sustainable, decarbonized future.

About Koloma

Koloma is a technology-enabled natural hydrogen exploration company which has demonstrated the presence of significant hydrogen reserves here in the United States. By leveraging its experience, a proprietary database, and a suite of data analytics tools, Koloma aims to enable large-scale clean hydrogen production with 24/7 dispatchability and global reach.

PRESS CONTACT:

Kristen Delano

kristen@koloma.com