Charbone lands first US UHP hydrogen order and raises $3.1M
Charbone secured its first UHP hydrogen order from a Japanese conglomerate customer in New York’s Tech Valley and simultaneously closed a non-brokered private placement raising $3.1M through issuance of 23.6 million units at C$0.13125 each. These funds will support the company’s ongoing North American expansion and commercial rollout.
1. CHARBONE Secures First UHP Hydrogen Order in New York State
On January 14, 2026, CHARBONE CORPORATION announced it has landed its inaugural order for clean Ultra High Purity hydrogen from a customer based in New York State, marking a major strategic breakthrough in the American market. The purchaser is affiliated with a leading Japanese industrial conglomerate and is located in the heart of America’s Tech Valley. This firm order will be fulfilled using CHARBONE’s existing production capacity at its Sorel–Tracy facility in Quebec and represents the company’s first cross-border commercial sale of UHP hydrogen. By tapping into a region with rapidly growing demand for reliable, decentralized clean energy sources, CHARBONE cements its position as a key supplier for advanced technology and industrial clients in North America.
2. Private Placement Raises $3.1 Million to Accelerate UHP Hydrogen Expansion
In parallel with its commercial rollout, CHARBONE closed a non-brokered private placement that generated gross proceeds of $3.1 million. The offering consisted of 23,614,286 units, each comprising one common share and one-half of one common share purchase warrant. Net proceeds will be allocated toward commissioning new modular production units, expanding distribution infrastructure in the northeastern United States, and advancing engineering work on CHARBONE’s next clean hydrogen facility. This capital injection strengthens the company’s balance sheet and supports its integrated growth strategy of scaling clean hydrogen production and broadening partnerships in specialty gases.