A consortium led by Novacium, along with Axel’One and AD-VENTA, secured nearly €1 million in funding from the French Defence Innovation Agency and Directorate General of Armaments under the RAPID program. The €1.2 million METAGENE™ project aims to develop a self-contained, high-pressure green hydrogen production station using a patented metallic fuel that produces hydrogen without electricity or greenhouse gases. This technology targets both civilian and military markets, offering decentralized hydrogen production with lower costs and simpler logistics. The 30-month project started in September 2026 and will advance the technology to a higher readiness level, with potential applications in remote energy systems and clean mobility.
The METAGENE™ green hydrogen project involving Novacium, Axel’One, and AD-VENTA is highlighted here with Pluang's energy sector data as context. For readers following energy stocks, here is Pluang's market snapshot as of Oct 27, 2026 17:43 WIB: Of 79 priced US energy stocks, 37 rose and 37 fell. Enphase Energy Inc (ENPH) traded at USD 30.75 with a 1.28% gain and full buy-side order activity, contrasting with Baytex Energy Corp (BTE) at USD 5.46, down 1.27% but still 95% buy orders. Sunrun Inc (RUN) rose 1.24% to USD 7.36 with a typical hold time of 17 days on Pluang.
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