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Hanwha Solutions will acquire Cimarron Composites, a NASA start-up company jeccomposites.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from jeccomposites.com Daily Mail and Mail on Sunday newspapers.
Hanwha Solutions acquires hydrogen-tank specialist Cimarron Composites By Mary Page Bailey | January 22, 2021 Hanwha Solutions (Seoul, South Korea) announced that it signed a deal to acquire a 100% stake in Cimarron Composites, an American high-pressure tank manufacturer. Cimarron Composites originally began as an internal venture at NASA in 2008 by Tom DeLay, 23-year veteran in materials science at NASA. DeLay holds several patents related to lightweight tanks, including patents for high-pressure tanks used in spacecraft. Cimarron Composites became an independent company in 2015 and currently manufactures large hydrogen tanks and aerospace tanks in Huntsville, Alabama. It specializes in innovative high-pressure-tank technology that adds to the hydrogen value chain, including the ability to produce, store, and transport green hydrogen. ....