Maxwell is on TIME’s Best Inventions of 2026 List

October 15, 2026

HTMS are proud to have MAXWELL recognized as one of TIME's Best Inventions of 2026!

Maxwell is a water-based fluid additive that goes directly into existing closed-loop cooling systems and improves heat transfer, with no equipment replacement and no downtime. Across 57 projects in 14 countries, it has delivered average energy savings of 12.5%.

Thank you to the partners who put Maxwell to work and the team behind it every day.

Read the announcement: https://time.com/collection/best-inventions/2026/ht-materials-science-maxwell/


HTMS Included on the 2026 Reuters Energy Industry Awards Shortlist

June 21, 2026

HTMS are proud to be named to the 2026 Reuters Events: Energy Industry Awards shortlist — recognized among the Technologies of Change catalyzing progress toward a more efficient energy future.

This recognition means a great deal to our team. The energy transition demands innovation at the materials level, and being seen alongside the innovators, utilities, grid operators, and leaders driving real transformation is humbling.

See the announcement from Reuters Events here:  Congratulations to our 2026 Shortlist!


BloombergNEF Announces HTMS as a Winner of its 2026 Pioneers Award

BNEF’s annual Pioneers award recognizes game-changing technologies or innovations with the potential to accelerate the transition toward a net-zero economy across three key climate challenges.

20 April 2026

BloombergNEF (BNEF) today announced the winners of its 2026 Pioneers award, recognizing 12 startups working to accelerate the global energy transition through technological innovation. This year’s winners include companies improving the sustainability of data centers, flattening the duck curve and decarbonizing shipping – among many others.

Since its inception in 2010, the BNEF Pioneers program has awarded 176 winners that have raised over $25 billion in funding to advance innovation in their fields. This year, the competition received over 600 applications from 66 different markets. These were evaluated by the BNEF analyst team against three criteria: the potential impact on reducing emissions, the degree of technology innovation and originality, and the likelihood of adoption and potential scalability.

For the 2026 Pioneers program, BNEF invited nominations from ventures specifically targeting three innovation areas:

Technologies for sustainable, scalable data center infrastructure
Flattening the duck curve
Decarbonizing shipping and heavy-duty transport
BNEF also sought out ‘wildcards,’ which are innovations that fall beyond the scope of these areas.

Excerpted from Original BloombergNEF Article, which can be read here: BloombergNEF Announces 12 Climate Innovators as Winners of its 2026 Pioneers Award


HTMS Named on the 2026 Global Cleantech 100 List

A Year Defined by Intensifying Competition, Resource Security, and the Rise of Economic Durability as Cleantech’s New Mandate

14 January 2026 - San Francisco, CA

HT Materials Science, a global leader in providing advanced fluid additives for increased heat transfer, has been named on Cleantech Group’s 2026 Global Cleantech 100. This annual list recognizes companies poised to deliver market-ready solutions that advance a cleaner, more resilient global future.

Now in its 17th year, the report highlights innovators addressing some of the world’s most urgent environmental and infrastructure challenges. The Global Cleantech 100 is sponsored by Chubb.

A More Competitive Landscape Amid Tightening Macroeconomic Conditions

Following a 2025 marked by geopolitical volatility and shifting economic signals, the global cleantech ecosystem enters 2026 with slightly greater certainty—yet heightened competitive pressure. Growth is concentrating around two dominant themes: AI infrastructure and critical minerals.

These areas dominate this year’s “Grow” ring, while many other technologies remain in “Flow” or recede into “Slow”. This is creating a “pressure cooking” dynamic in which the "Grow" ring becomes more competitive, while the "Flow" and "Slow" become more difficult to break free from.

Click here to see the full Global CleanTech 100 List


Amazon Sustainability Accelerator Video features HTMS

Amazon has produced a promotional video for its Sustainability Accelerator program featuring our CEO Tom Grizzetti:


HTMS Wins Heating & Ventilation News 2025 Award

H&V News Awards 2025 celebrated excellence across the heating, ventilation and air conditioning industry

01 December 2025

The 2025 H&V News Awards, the flagship event recognising the outstanding achievements of the HVAC sector, revealed its winners last night at a prestigious ceremony attended by industry leaders, innovators, and rising stars from across the sector.

Held in front of a packed audience, the awards honoured the organisations, projects, and individuals driving net zero progress and technical excellence across the built environment.

This year’s diverse range of finalists represented the very best businesses and professionals, who have demonstrated their commitment to shaping a safer, more efficient, and more environmentally responsible industry. From pioneering decarbonisation initiatives to groundbreaking product development and exceptional customer service, the 2025 winners exemplify the innovation and dedication transforming the sector.

HT Materials Science was awarded Commercial HVAC Product of the Year – Cooling Technology, with the H&V News Awards Judging Panel 2025 praising Maxwell for “its mature technology refined to new heights of performance, demonstrating thoughtful design and adaptability to market needs”.

Speaking at the ceremony, H&V News editor, Ella Mackenzie said:

“It was an honour to host these awards for the first time, and see the diverse range of talented professionals and incredible projects being undertaken across every corner of the UK, from small residential installations to huge industrial retrofits.

Thank you to everyone who took the time to share their work with us this year, both through their awards entries and through articles and case studies featured in the magazine. It’s been a pleasure to hear from you all, and I look forward to seeing what you accomplish in 2026”.

Reproduced from the original article


HTMS Secures €2.3m in DTIF Funding

A DCU consortium led by HT Materials Science Ltd (HTMS) has secured €2.3m in funding from the Disruptive Technologies Innovation Fund (DTIF) in Ireland

02 October 2025

The project, DLCool, is a collaboration between three partners, two based at DCU:Innovate Hub, HTMS and Exergyn Ltd, and DCU. The DCU academic leads are Dr Lorna Fitzsimons (School of Mechanical and Manufacturing Engineering) and Dr Darren Fayne (School of Chemical Sciences). DLCool was the only project to receive an award in the “manufacturing & materials” category of this call.

A defining strength of this collaboration is the close and growing integration between DCU researchers and innovation-driven companies based at DCU:Innovate Hub.
Denis Kearney, General Manager (Ireland), HT Materials Science Ltd, commented:

"We are delighted that our project has been approved under DTIF-7. This €3.7 million initiative, supported with €2.3million in grant aid, represents a major step forward in developing novel thermally conductive nanofluid additives for next-generation cooling solutions. As project lead, HTMS will drive innovation in direct liquid cooling for data centres, solid state heat pumps, and electric batteries - three critical sectors for Europe's energy transition. This award not only recognises the potential of our technology but also underlines Ireland's role in pioneering advanced materials to deliver both sustainability and performance at scale."

Kevin O’Toole, Co-Founder and CTO, Exergyn, added:

"This project brings together leading academic expertise and industrial know-how. We're excited to advance thermal management technologies, strengthen Ireland's manufacturing base, and open new commercial opportunities for our solid-state platform."

With this funding, DCU further consolidates its reputation as a research and innovation partner to industry, bridging AI, advanced manufacturing and thermal systems to industrial applications.

Commenting on this, Prof John Doyle, Vice-President for Research at Dublin City University, stated:

"DLCool exemplifies the power of collaboration between academia and industry and the importance of location on a university Innovation campus such as DCU:Innovate Hub. By combining DCU’s research excellence with the innovation capacity of our partners, this project has the potential to transform sustainable cooling technologies and deliver real impact for Ireland and beyond.”

 


Data Center Frontier - Heat Transfer Fluids

Red Hot Data Center Growth Needs Smart Innovation to Stay Cool

By Benjamin Taylor | 22 September 2025

Recent innovations in HVAC technology offer cost-effective, efficient solutions to ease the strain data centers place on the grid

The rapid growth of data center construction, fueled by an almost insatiable appetite for artificial intelligence, has been a boon for the US economy with JP Morgan forecasting that AI alone will increase GDP by 20 basis points in the next twelve months. The US Department of Energy estimates that power used by data centers accounted for 4.4% of total national energy consumption in 2023, and by 2028 as much as 12%. That growth will put an enormous strain on power grids across the country.

A significant driver of any data center’s energy usage is the cooling demand for its chips which operate at temperatures < 77º. The energy required to maintain these temperatures can overload regional energy grids, particularly during a heat wave resulting in a power failure. While this situation might be manageable in some business sectors, it is untenable for the mission-critical services of data centers.

For this reason, data centers operators have engineered and deployed redundancies ranging from Tier 1 designs with minimal to no redundancies all the way up to Tier 5 configurations, which rely on extensive backup systems to maintain systems staying online during power or equipment failures. However, with rising energy costs, new chips that require more cooling and the increase in ambient temperatures, even these redundancies are inadequate over time to insulate data centers from the risk of overheating and overloading the power grid.

Fortunately, innovations have recently emerged in HVAC technology that offer cost-effective, efficient solutions to alleviate the strain that data centers are placing on our power grid.

One example of recent innovations is the development of heat transfer fluids that allow water-to-air-based cooling systems to operate more efficiently while lowering their overall energy consumption. These fluids reduce maintenance costs and increase thermal capacity, all without any major changes to existing infrastructure. One such example is Maxwell®, a heat transfer fluid manufactured by HT Materials Science (HTMS) that uses submicron particles of aluminum oxide to increase the thermal capacity of primary cooling systems by up to 15%. Maxwell® has been successfully deployed at over 30 locations by such companies as Amazon, Johnson & Johnson, Ericsson, Regeneron, Swire Properties and Aramco. HTMS is also developing in partnership with EcoLab Nalco innovative heat transfer fluids for direct to chip (DTC) and immersion cooling applications.

While the massive growth of AI has given rise to the aforementioned challenges, it can also play a key role in navigating solutions. For example, AI-optimized HVAC systems can analyze operating conditions in real time, anticipate potential problems and adjust cooling loads before any overheating occurs.

In addition to these advanced technologies, more traditional HVAC components that also improve efficiency include variable-speed fans, free cooling coils that use ambient air in cooler weather to cool the system, and high-efficiency pumps that optimize airflow and cooling distribution so that energy is only directed where and when it’s needed. Together these technologies offer a cost-effective way for older HVAC systems to be retrofitted and achieve greater performance without a full scale overhaul of the existing system.

While the expansion of AI has opened up a realm of seemingly limitless possibilities in the digital world, data centers are in fact limited by the constraints of our energy supply infrastructure. Now is the time for data centers to direct the spirit of innovation that has fueled the development of AI toward embracing new cooling system technologies that create more energy capacity for data centers to thrive.

Reproduced from the original article


Climate Control News - Maxwell at DKSH Malaysia

Retrofit delivers savings, no downtime

By Sandra Rossi | 20 August 2025

HT Materials Science (HTMS), a global leader in cooling technology, has successfully implemented its breakthrough heat-transfer fluid, Maxwell, at a pharmaceutical cold storage facility operated by DKSH Malaysia.

The installation resulted in significant energy savings, operational improvements and system performance—positioning the project as one of Southeast Asia's most effective commercial HVAC retrofits to date.

Created by suspending sub-micron particles of aluminium oxide in a base fluid of water or glycol, Maxwell is a non-toxic, fully recyclable additive that enhances heat transfer in industrial HVAC systems.

That improved heat transfer reduces energy consumption while increasing system capacity. For the DKSH Malaysia project, adding Maxwell led to a 13 per cent reduction in the chiller's energy consumption, for a projected annual savings of 600,000 kilowatt hours and a payback period of 2.1 years.

This installation was procured and engineered by Tri Quantity Sdn Bhd, an energy management and audit company based in Malaysia.

Based on energy savings alone, the payback period for this project is projected at just over two years.

It's a welcome innovation for a facility with strict temperature and humidity needs and regulations, as installing Maxwell requires no system downtime.

In addition to energy savings, DKSH expects reduced wear and tear on the facility's HVAC equipment, longer system lifespan and lower maintenance costs due to reduced scaling and improved fluid dynamics.

HTMS CEO, Thomas Grizzetti, said this installation demonstrates that smart, science-driven HVAC technologies can deliver immediate cost savings and long-term sustainability benefits.

“We're proud to partner with forward-thinking companies like Tri Quantity and DKSH who are helping to set the standards for energy efficiency in large-scale commercial facilities,” Grizzetti said.

"What makes this so compelling is the speed at which results materialized. Within weeks, we saw verified energy savings—demonstrating just how accessible and impactful these upgrades can be for building operators anywhere in the world."

The head of supply chain management, DKSH Malaysia & Brunei, Joel Solomon, said this initiative not only strengthens operational efficiency but also reaffirms DKSH's commitment to sustainable, future-focused business practices.

This project provides a compelling blueprint for how commercial facilities can unlock measurable energy gains through smart retrofits.

The results are applicable across industries including logistics, education, retail and data centres. HTMS contracts include performance guarantees, with minimum savings thresholds and annual reconciliation.

Reproduced from the original article