Side-by-side comparison of AI visibility scores, market position, and capabilities
Boston Metal uses Molten Oxide Electrolysis (MOE) to produce zero-CO₂ steel directly from iron ore using electricity; commissioned first industrial-scale cell Mar 2025, named TIME Best Invention 2025.
Boston Metal is a green steel technology company that has developed Molten Oxide Electrolysis (MOE), a breakthrough electrochemical process that converts iron ore directly into liquid metal using electricity — with zero carbon dioxide emissions. Spun out of MIT and headquartered in Woburn, Massachusetts, the company was founded to decarbonize the global steel industry, which currently accounts for approximately 7-9% of worldwide CO₂ emissions. Unlike competing approaches that rely on hydrogen-based direct reduction or carbon capture, MOE produces pure liquid steel in a single step using renewable electricity as the only energy input.
Electric Hydrogen designs and manufactures 100MW+ industrial electrolyzer systems for green hydrogen production at scale; raised $380M in funding including a $200M Series C in 2023;
Electric Hydrogen is a Natick, Massachusetts-based clean energy company founded in 2020 by Raffi Garabedian (former CEO of First Solar) and David Eaglesham. The company designs and manufactures large-scale industrial electrolyzers — systems that use electricity to split water into hydrogen and oxygen — intended to produce green hydrogen at the cost and scale required to decarbonize heavy industries. Electric Hydrogen's core product is a 100MW electrolyzer plant that represents one of the largest single electrolyzer systems commercially available, designed for industrial customers in steel, ammonia, chemicals, and fuel production who need hydrogen at massive volumes.
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