ITM Power announced that the company is commencing bidding into projects in the US market. The company now able to supply the same stack, the heart of any ITM electrolyser, into both CE and ASME territories. This standardisation was an important precursor for the company, so that it can use one production process and supply chain, simplifying operations and enabling economies of scale.

ITM will pursue an accelerated, asset-light entry into the US market, building on the company?s strong relationships with various North America based industry leaders, some of which the company announced recently as collaborations to cement the company?s technology leadership and future proof its supply chain as it scale.