Catator Expands - Establishes Headquarters at the Heart of Lund’s Research Hub
After more than three decades as a technology leader in hydrogen catalysis, Catator is entering a new growth phase. With a bold growth strategy, a fast-paced recruitment drive, and a move to Science Village, the Lund-based company is taking clear steps to solidify its position as a leading innovator in green energy technology.
“Attracting the brightest minds globally is critical for Catator to continue evolving - technically and organizationally - and to remain a relevant development partner to global companies in green energy,” says Tarras Delin, CEO of Catator.
“Over the past year, we’ve more than doubled the size of our organization by hiring highly educated professionals with strong academic backgrounds and extensive industry experience. I would argue that no other place in Scandinavia compares to the Øresund Region when it comes to attracting this level of talent.”
A Key Player in the Growing Hydrogen Economy
Over the next decade, solar energy capacity is projected to increase to the equivalent of eight times the current global fleet of nuclear reactors. By 2035, wind and solar will together account for around 30% of the world’s total electricity production. This energy shift will drive a sharp increase in the need to convert and store electricity as chemical energy - through green hydrogen production.
At the same time, hydrogen production is undergoing a profound transformation: from today’s fossil-based (grey) hydrogen to an estimated 60% green hydrogen by 2035. The global market value is expected to reach between USD 250 and 300 billion.
By 2050, green hydrogen production is expected to quintuple and represent around 10% of global final energy use. This will enable the storage of massive amounts of energy, chemically stored as hydrogen or hydrogen-derived fuels, providing grid balancing services, serving as feedstock, or being used as fuel.
Managing this hydrogen transformation is at the core of Catator’s business model.
“Our technology is born from research and has been refined over the course of 30 years. That makes us more than ready to contribute to an efficient hydrogen transition for the global energy system,” says Delin.
“We’re also fortunate to be in what is arguably Scandinavia’s most dynamic region for green energy and science. With several universities, research facilities, science parks, and world-leading companies, this region is the ideal recruitment ground for a company like ours.”
In August, Catator will relocate both its headquarters and its laboratory environment “Catator Labs” to Science Village in Lund to support the needs of its growing team.
“Science Village is a global hub for research and innovation. A unique setting where science and people meet. Establishing our operations there is key to attracting and retaining the talent we need moving forward.
Our customer base is predominantly international, and while our employees are locally recruited, they come from a broad range of backgrounds and cultures. That diversity enables us to meet, understand, and anticipate global demand.”
Disclaimer: This press release contains statements about future events and expectations that are forward-looking and subject to risks and uncertainties.
Media Contact
Julia Erikson
Marketing & Investor Relations
julia.erikson@catator.com
About Catator
Based in Lund, Sweden, Catator is a world-leading technology development and integration partner for hydrogen and fuel cell technologies. Founded in 1990, Catator has been at the forefront of hydrogen catalysis for over 30 years. Our mission is to accelerate the transition to a green hydrogen economy by creating compact, efficient, and versatile solutions for hydrogen production, conversion, and utilization. With a range of patented catalytic technologies, Catator has developed breakthrough designs for hydrogen reactors, reformers and burners, revolutionizing the economics of hydrogen catalysis. Catator continues to work with industry leaders and partners to commercialize and build tomorrow’s green hydrogen infrastructure, driving the transition to a sustainable hydrogen economy.
