Particle-N, a technology startup affiliated with the University of Connecticut in USA, is on a mission to change the $19 billion global precious-metal catalyst market while simultaneously bolstering Connecticut’s clean energy industry. Founded by Al Kasani, a serial entrepreneur and UConn Ph.D. candidate in chemical engineering, Particle-N is pioneering a groundbreaking technology with the potential to reduce demand for precious metals.<\/p>\n
The primary application of precious metals like gold and platinum has traditionally been in jewellery and other luxury items. However, Particle-N is aiming to expand their use by focusing on their critical role in catalysis. A substantial portion of the world’s precious metals are converted into catalyst materials for essential industries such as oil and gas, hydrogen production and automobile catalytic converters.<\/p>\n
The innovative approach leverages core-shell technology to coat an affordable, environment-friendly substrate with precious metals, achieving the same catalytic reactions as traditional methods. This technique has the potential to reduce consumption of precious metals by up to 70 percent.<\/p>\n
However, the most substantial savings could be realised in the green hydrogen generation sector, where costs can range from $400,000 to $870,000. Particle-N is optimistic about the potential to cut 30 percent from these expenses, making green hydrogen more accessible.<\/p>\n
Particle-N’s commitment to addressing critical environmental and economic challenges make it a company to watch closely as it works towards changing the precious-metal catalyst market.<\/p>\n","protected":false},"excerpt":{"rendered":"
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