With its first hydrogen exploration unit being prepared for manufacture and a commercial pilot program, Voyager H2 will seek to secure tenements in Poland where there is potentially an estimated one billion tonnes of hydrogen sitting in underground deposits.
Voyager H2’s patent-pending IP is being prepared for the manufacture of its first prototype and commercial pilot program. The technology has the potential to deliver industry-leading accuracy when surveying for potential hydrogen deposits, according to the company.
The business model will see it secure tenements and produce its own hydrogen while licensing its technology to other exploration businesses and entering into a shared profits scheme.
Natural hydrogen has the potential to provide the cheapest form of this clean fuel, with some studies showing it is three or four times cheaper than creating the gas through electrolysis from renewable energy.
The technology also captures helium as a valuable by-product which can be sold for ~US$84 per kilogram.
Technology highlights:
The patent-pending Hydro Helium Manifestor System is a technology for detecting natural hydrogen and helium deposits.
The system of 1,000 ground sensors analyzes soil gases in real-time and sends data dozens of times a day to a central computer.
The computer uses a proprietary algorithm to identify specific patterns that indicate a high probability of hydrogen deposits.
The system takes into account geological data and the permeability of rock layers.
Is able to determine whether a given gas migration channel, including hydrogen, is open or closed.
The projection will use radioactive tracers occurring naturally in the Earth's crust.
The spatial model of the geological structure of Poland shows the region has the potential to have hydrogen-rich deposits underground.
Through its technology and team of experts, Voyager H2 believes it is well-placed to revolutionizse the oil & gas industry and deliver a commercially viable avenue to the mass adoption of clean hydrogen.
If there were 10 million megatons of natural hydrogen and we could find 2% or 3%, that could potentially supply all the world’s demand for hydrogen for hundreds of years.
—S&P Global Insights
Moving forward, Voyager H2 will run a pilot program in Poland in 2024 to prove its concept to the market and is seeking investors. The company’s goal is to secure its own tenements so it can begin producing hydrogen while also seeking to license its technology to partners across the globe and engage in a profit-sharing scheme.
