07:00 AM EST, 11/10/2026 (MT Newswires) -- Smoltek Nanotech (SMOL.ST) and Hyworx signed a letter of intent to jointly validate the performance of the Swedish nanotechnology company's porous transport electrode, or PTE, technology's performance at the stack level. Smoltek's PTE technology will be integrated into the German electrolyzer developer's 4-kilowatt electrolyzer stack to lower iridium consumption, with integration scheduled for the second half of 2027, according to a Tuesday release. The partnership also plans to extend the validation process to Hyworx's larger megawatt-scale electrolyzer systems.

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