Johnson Controls acquires Hybrid Energy

We are happy and proud to informed that Johnson Control Inc. (JCI) has today acquired Hybrid Energy. It is a quality recognition for the Hybrid Energy patented technology platform for our high temperature heat pumps.

This will fit perfectly with the JCI product portfolio within refrigeration. It will strengthen our market reach and our service offering through the JCI network.

We are very excited of become a part of the JCI team.

Press release from Johnson Control

https://investors.johnsoncontrols.com/news-and-events/press-releases/johnson-controls-international-plc/2023/01-13-2023-135508960

Press release from our former owner Nordic Technology Group (NTG):

https://live.euronext.com/nb/product/equities/NO0011018434-MERK/nordic-technology/ntg/quotes#CompanyPressRelease-12010225

Consequently, Hystorsys AS will be separated from Hybrid Energy but will remain part of NTG

Hybrid Energy acquires Hystorsys, specialized in H2 compressors and storage

Hystorsys AS becomes a daughter company of Hybrid Energy AS.

Hybrid Energy AS acquired the hydrogen technology company Hystorsys AS on the 23rd of December 2021. Hystorsys AS is a spin-off company from the Norwegian Institute for Energy Technology (IFE), and focuses on the use of metal hydrides for compression and storage of hydrogen.

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