Aternium secures $1 million in the Seed and Accelerator Capital Program to establish green hydrogen production sites in Delaware.
PRIVATESep 26, 2025
Amount Raised
$1 Million
Round Type
Seed
WilmingtonManufacturingEnergyRenewable Energy
Investors
Delaware Division Of Small Business
Description
Aternium has secured $1 million in funding through the Seed and Accelerator Capital Program to develop its manufacturing sites in Delaware. This funding is under the Delaware Division of Small Business program, aimed at businesses with fewer than 100 employees. The start-up plans to build clean hydrogen production facilities as an alternative to fossil fuels. The funding must be allocated by the end of 2025 to meet the U.S
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Company Information
Company
Aternium
Location
Wilmington, Delaware, United States
About
Aternium was formerly known as First State Hydrogen, Inc. Aternium is a hydrogen start-up focused on developing green hydrogen production sites to create a clean alternative energy source for industrial processes. The company aims to significantly lower the costs of clean hydrogen while fostering sustainable energy initiatives. They are in the process of securing state funding to establish their first manufacturing facilities in Delaware and are actively exploring site locations in Kent County.
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WilmingtonManufacturingEnergyRenewable Energy