HT Materials Science Consortium Secures $2.6 Million for Advanced Cooling Technology Development
HT Materials Science Consortium Secures $2.6 Million Grant
HT Materials Science (HTMS) has made headlines with the announcement of a €2.3 million ($2.6 million) grant from the Disruptive Technologies Innovation Fund. This funding will be used for the development of advanced cooling technologies through a consortium named DLCool, which includes the esteemed Dublin City University (DCU) and solid-state heat pump manufacturer Exergyn Ltd. The project aims to create technologies that not only enhance energy efficiency in cooling solutions but also lower energy consumption significantly in various applications.
The key focus of the project will be on developing heat-transfer fluid additives tailored for direct liquid cooling systems used in data centers, solid-state heat pumps, and electric batteries. Thomas Grizzetti, CEO of HTMS, emphasized the importance of this grant, marking a new phase in advancing heat transfer fluid technology. The company has successfully implemented its flagship product, Maxwell®, in various projects worldwide, partnering with industry giants like Saudi Aramco, Amazon, and Ericsson to reduce energy consumption in their facilities significantly.
Maxwell® is a unique fluid additive designed to enhance cooling systems' efficiency. It has been found to increase energy efficiency by up to 15% in most commercial and industrial HVAC setups. The innovative product works by suspending sub-micron aluminum oxide particles in a base fluid of water or glycol, making it a non-toxic, fully recyclable solution. By enhancing the heat transfer capabilities of HVAC systems, Maxwell® not only reduces energy use but also raises system capacity, leading to improved overall performance.
The Disruptive Technologies Innovation Fund (DTIF) was established as part of the Irish government’s National Development Plan, boasting a total budget of €500 million. Launched in 2018 under the Project Ireland 2040 initiative, this fund aims to foster collaboration between Ireland's research institutions and industry players, encouraging competition among enterprises for funding to support the development and implementation of groundbreaking technologies. The DTIF is managed by the Department of Enterprise, Tourism, and Employment, with Enterprise Ireland providing administrative support.
The resources provided by this grant will enable HTMS to continue its pathway towards leading innovation in energy-efficient cooling technologies. With a growing commitment to enhancing energy efficiency across industries, this grant represents a significant stepping stone for HTMS and its partners. As the potential impact of such advancements becomes increasingly apparent, the consortium aims to deliver solutions that can cater to a diverse range of next-generation industries, paving the way for a sustainable future.
HT Materials Science is Ireland's prominent player in developing energy-saving technologies with a notable presence in various international markets, including offices in Lecce, Italy, Abu Dhabi, UAE, Atlanta, Georgia, and New York. The company has garnered industry recognition through awards like the Green Product Award and inclusion in Fast Company’s Most Innovative Companies list. HTMS's continued focus on sustainable innovation exemplifies the commitment of modern businesses to tackle global energy challenges effectively.
With the successful deployment of Maxwell® and aspirations to enhance direct-liquid cooling technologies, HT Materials Science is poised to contribute significantly to the advancement of environmentally friendly energy solutions. Organizations and industries interested in innovative energy-saving technologies will undoubtedly keep a close eye on HTMS's future endeavors and resulting advancements in cooling and efficiency technologies.