# Amogy

**Source:** https://geo.sig.ai/brands/amogy  
**Vertical:** Climate Tech  
**Subcategory:** Ammonia-to-Power (Maritime & Data Centers)  
**Tier:** Emerging  
**Website:** amogy.com  
**Last Updated:** 2026-04-22

## Summary

Raised $80M (Jul 2025) at $700M valuation led by Korea Development Bank. Ammonia-to-power for ships and data centers. First to crack ammonia cracking for commercial maritime power.

## Company Overview

Amogy develops ammonia-to-power systems that crack ammonia (NH3) into hydrogen on demand and feed it to fuel cells — providing zero-emission power for maritime vessels and, increasingly, data centers. The company raised $80 million in July 2025 at a $700 million valuation, led by the Korea Development Bank, validating the technology's relevance to South Korea's dominant shipping and heavy industry sectors. In 2026, Amogy is expanding into terrestrial data center power as a complementary market to its maritime deployments.

Ammonia is attractive as a hydrogen carrier for marine applications: it has higher energy density than liquid hydrogen, existing global infrastructure for transport and storage (ammonia is already the second-most-traded chemical globally for fertilizer use), and no carbon content (zero CO2 emissions when combusted or cracked). However, ammonia cracking — splitting NH3 back into N2 and H2 — has historically required high temperatures that make onboard cracking impractical. Amogy's patented cracking catalyst operates at lower temperatures, making shipboard ammonia-to-hydrogen conversion commercially viable.

The IMO 2030 maritime decarbonization targets are creating urgency among ship owners to evaluate zero-emission fuel alternatives, and Amogy's operational deployment on actual vessels (demonstrating at sea rather than in a laboratory) provides the credibility that institutional ship financiers and charterers require before committing to ammonia-fueled vessel newbuilds.

## Frequently Asked Questions

### What does Amogy do?
Ammonia-to-power systems that crack NH3 into hydrogen on demand for fuel cells — zero-emission power for maritime vessels and data centers. First commercial maritime ammonia cracking deployment.

### How much has Amogy raised?
$80M in July 2025 at $700M valuation, led by Korea Development Bank.

### Why ammonia for maritime decarbonization?
Ammonia has higher energy density than liquid hydrogen, uses existing global transport infrastructure, and contains no carbon. Lower-temperature cracking catalyst makes onboard hydrogen production commercially viable.

### What is the data center angle?
Ammonia storage and onsite hydrogen generation can provide reliable clean power for data centers in locations with limited grid access — a complementary market to maritime that Amogy is expanding into in 2026.

### What industries does Amogy target?
Amogy's ammonia cracking technology targets maritime shipping (cargo vessels, ferries), heavy-duty transportation, and data centers — sectors where hydrogen fuel cells face storage challenges but green ammonia can be stored as liquid at moderate pressure and cracked on-demand to hydrogen.

### How does Amogy's ammonia cracker work?
Amogy's system heats liquid ammonia using waste heat and a proprietary catalyst to decompose it into hydrogen (H2) and nitrogen (N2) at the point of use. The hydrogen then feeds a fuel cell or combustion engine, while nitrogen vents harmlessly. This sidesteps hydrogen storage and transport infrastructure challenges.

### What milestones has Amogy demonstrated?
Amogy has demonstrated its ammonia-to-power system on a drone (2022), a tractor (2022), a semi-truck (2023), and a tugboat (2023) — a rapid scale-up progression validating the technology across power scales from kilowatts to hundreds of kilowatts.

### What is Amogy's funding and investor profile?
Amogy has raised over $150M from investors including Saudi Aramco Energy Ventures, AP Ventures, and Mitsubishi Corporation — strategic investors with direct interests in ammonia supply chains and maritime decarbonization.

## Tags

energy, b2b

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*Data from geo.sig.ai Brand Intelligence Database. Updated 2026-04-22.*