Mantle8 secures €2.06M EU grant to scale natural hydrogen tech

Mantle8, a pioneering deep-tech company based in Grenoble, has successfully secured a significant €2.06 million grant from the EU Just Transition Fund. This funding aims to support Mantle8's innovative approach to harnessing geological hydrogen as a sustainable energy source. The grant underscores the European Union's commitment to advancing green technologies that can contribute to a cleaner energy future. With this financial boost, Mantle8 plans to scale its natural hydrogen technology, which involves extracting hydrogen directly from the Earth's mantle. This method promises a more environmentally friendly alternative compared to conventional hydrogen production processes, which often rely on fossil fuels. By tapping into this natural resource, the company hopes to revolutionize the energy sector and reduce carbon emissions significantly. The grant will enable Mantle8 to accelerate research and development, refine their extraction techniques, and potentially expand their operations across Europe. As the global demand for sustainable energy solutions continues to rise, Mantle8's advancements could play a crucial role in meeting these needs. The company's success also highlights the potential of deep-tech innovations in driving the transition towards a more sustainable and resilient energy infrastructure.

— Authored by Next24 Live