The Southeast’s climate technology sector is growing, following the announcement that a South Korean company is putting down roots in Florida.
LowCarbon, a company working on carbon capture, sequestration (CCUS) technologies, and clean hydrogen production, announced last week it is moving its US-based headquarters from Delaware to Tampa, Florida. The relocation efforts started following Florida Governor Ron DeSantis’ visit to South Korea and his signed Memorandum of Understanding to help connect LowCarbon with the state. While in South Korea, DeSantis called LowCarbon’s carbon capture technology “really positive” and that the state plans to work with the company to “build a clean hydrogen hub in a strategic area in Central Florida.”
Hypepotamus learned that the LowCarbon Tampa office currently employs about 10 people and plans to hire more than 100 people as the hydrogen and CCU sides of their business progress.
The new headquarters is not the first time LowCarbon has worked in Florida. The team broke ground on its flagship Mulberry Hydrogen Plant earlier this year, which will help lay the “foundation for Florida’s hydrogen economy,” according to a press statement.
“Tampa’s innovative ecosystem and commitment to sustainability make it the ideal location for LowCarbon’s U.S. headquarters,” added Lee Cheol, Founder and CEO of LowCarbon. “This move strengthens our ability to deliver transformative solutions, like the production of blue hydrogen, to combat the climate crisis and accelerate carbon neutrality.”
LowCarbon’s clean energy technology just might help the region embrace and transform how clean hydrogen is utilized. The company’s technology captures 95% of carbon emissions and repurposes them into usable materials, providing a stronger alternative to traditional carbon storage methods, according to the company.
“Using natural gas as a raw material, LowCarbon will produce 10 tons of clean hydrogen per day starting in early 2027 through a methane reformer and patented LowCarbon technology that removes carbon dioxide,” the team told Hypepotamus. “The clean hydrogen produced will be supplied as fuel to rockets in the aerospace industry and the power plants. It will also be used in hydrogen vehicles such as cars, busses, and trucks through hydrogen fuel charging stations. And, we will also supply hydrogen ships.”
