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Phasecraft secures £3.4m award from US Department of Energy

Published: June 17, 2026 at 1:54 pm

Bristol-based Phasecraft has secured a £3.4 million award from the US Department of Energy’s ARPA-E to develop quantum algorithms to help discover new catalysts for industrial electrolysis.

One of the biggest obstacles to scaling green hydrogen is the industry’s reliance on iridium – a scarce and expensive critical mineral used in electrolyser catalysts.

Through this project Phasecraft will develop quantum algorithms to discover new catalysts that will help reduce reliance on critical minerals, particularly iridium – a major cost and supply chain constraint for scaling green hydrogen production.

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