Amogy Stock

Amogy is a pioneering company focused on decarbonizing the transportation and energy sectors through innovative ammonia-based energy solutions. Established with the goal of leveraging ammonia's potential as a sustainable, emission-free fuel, Amogy aims to make significant strides in reducing global CO2 emissions by 2050. Their technology offers a clean, powerful, and storable energy alternative, targeting applications in commercial transportation and large-scale power generation.

Founded: 2020

Amogy Website

Amogy Company Overview

Amogy Inc. is dedicated to revolutionizing the transportation and energy sectors by converting ammonia into a carbon-free fuel source. The company’s cutting-edge technology aims to address the significant CO2 emissions produced by commercial transportation by providing a sustainable and powerful alternative. Amogy’s innovative approach began with the world’s first ammonia-powered emission-free drone flight, showcasing the practicality of their technology. Their focus has since expanded to larger applications, including a 300kW powerpack demonstrated in a semi-truck. By 2025, Amogy plans to commercialize products ranging from 0.5MW to 5MW, targeting the maritime shipping and power generation markets. The company is strategically expanding its operations, with plans to open a manufacturing facility in Houston, Texas, and establishing offices in Norway and Singapore. Amogy's technology aims to provide a clean and storable energy solution, with a focus on the maritime industry and large-scale power generation. Collaborating with entities like Yanmar and Mitsubishi Shipbuilding, Amogy is exploring ammonia-to-hydrogen integration for marine applications. The company's leadership team, composed of sustainability visionaries, drives their mission to decarbonize heavy industries and contribute to a significant reduction in global greenhouse gas emissions. Amogy's goal is to make a substantial impact by 2050, helping industries transition to a decarbonized future through innovative ammonia-based energy solutions. Their commitment to sustainability and technological advancement positions Amogy as a leader in the field of clean energy, pioneering efforts to reduce the environmental footprint of major industries.

Management Team

Seonghoon Woo Chairman, CEO and Co-Founder
Jongwon Choi VP of Manufacturing & Co-Founder
Young Suk Jo CTO & Co-Founder
Hyunho Kim VP of Innovation - Tech Transfer & Co-Founder
Daniel MacCrindle Chief Operations Officer

Funding Information