Draft:Genevos

Genevos is a French product and engineering company based in Charente Maritime.The company develops and manufactures fully-integrated hydrogen fuel cell power systems applying proton exchange membrane (PEM) technology for the maritime sector (maritime vessels and offshore platforms), in addition to offering engineering and commissioning services.

Key applications include low to high power maritime vessels for propulsion and/or auxiliary energy demands of short sea shipping, USVs, port and coastal workboats (tugboats, CTVs, multi-service boats, etc.). In addition to passenger vessels (port shuttles, inter-island ferries, river shuttles, etc.).



History
Genevos was founded in 2018 by Phil Sharp and Rebecca Sharp as a spin-off company from their cleantech accelerator ocean racing campaign 'OceansLab – Cleantech Accelerator'.

In 2020, the company secured a 'Start-up Innovation' grant, funded by the Regional Council of Nouvelle-Aquitaine to accelerate R&D of marine fuel cell prototyping and as part of the regional hydrogen sector.

In 2021, Genevos was granted with the first world-wide Approval in Principle (AiP) by Lloyd's Register for their product range of fully-integrated (full balance of plant) hydrogen power modules: HPM-15, HPM-30 and HPM-40.

That same year the first prototype branded 'HPM-8' (Hydrogen Power Module 8 kW) was accredited with the "Solar Impulse Efficient Solution Label" by Solar Impulse Foundation.

In 2022, Genevos secured an additional 'Start-up Innovation' grant, funded by the Regional Council of Nouvelle-Aquitaine to accelerate R&D of an 80 kW marine fuel cell.

In January 2023, the company launched a fully-integrated 80 kW marine fuel cell module, stackable to MW scale.

In December that year, Approval in Principle (AiP) and validation was awarded by Lloyd's Register, for the complete hydrogen energy system installation on board the OceansLab Cleantech Accelerator IMOCA skippered by Phil Sharp, the world's first green hydrogen race yacht.

In collaboration with 'OceansLab – Cleantech Accelerator', Breteche, and Terega Solutions, Genevos achieved one of the world's first green hydrogen refuelling's on a boat.

In January 2024, Genevos completed a €2.5m seed fund-raise to accelerate commercial roll-out. The raise included funding from Impact Ocean Capital, a fund managed by GO Capital, and non-dilutive financing .

In May 2024 Genevos launched a 250 kW marine fuel cell with Approval in Principle (AiP) certification awarded by classification society Bureau Veritas.

Collaborations
On January 30 2024, Genevos signed a Memorandum of Understanding (MoU) with ACUA Ocean, a manufacturer of hydrogen powered Uncrewed Surface Vessels (USVs), for a commercial collaboration to develop next-generation hydrogen powered USVs (H-USV).

On May 16 2024, Genevos was awarded European Commission funding under the Horizon Europe Programme for a hydrogen coastal fishing vessel demonstrator in the consortium ‘H2-SEAS’.