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Empire State Development Announces Amogy Inc. to Expand Clean Energy Operations in Brooklyn

Climate-Focused Start-Up Company to Add 64 New Jobs                                                                          

Empire State Development (ESD) today announced that AMOGY Inc., a developer of ammonia-based emission-free, high energy-density power solutions, is expanding its clean energy operations within the Brooklyn Navy Yard in Kings County. The start-up has outgrown its incubator space and will acquire its own location in a nearly $9 million expansion. In support of its continued growth, ESD has agreed to provide AMOGY Inc. up to $1 million in performance-based Excelsior Jobs Program tax credits in exchange for the company's commitment to create 64 new jobs.

Empire State Development Acting Commissioner and President & CEO-designate Hope Knight said, “AMOGY Inc. is the latest example of a forward-thinking, clean energy company that has chosen to invest in and grow their business in the Empire State. New York State is committed to supporting climate-focused businesses that will help grow a green economy, create climate-focused jobs, and advance the State’s ambitious clean energy goals.”

The expansion will support AMOGY Inc. in developing a novel carbon-free energy system using ammonia as a renewable fuel. AMOGY’s technology aims to unlock the potential of ammonia to power engines by providing a highly efficient, lightweight, compact ammonia processor. The company will be investing more than $1.5M in research and development annually at the new facility to develop a new clean energy system prototype to drive heavy-duty ground, sea, and air vehicles.

AMOGY Inc. CEO Seonghoon Woo said, “We are excited to receive this investment from the Empire State Development. Our core mission and technology for ammonia-powered clean transportation strongly aligns with New York State’s aggressive plan to combat climate change, by harnessing technology innovations to transition from conventional carbon resources to renewable fuels. We are very much looking forward to expanding our presence in the State." 

Brooklyn Navy Yard Development Corporation President and CEO David Ehrenberg said, “AMOGY’s expansion, from incubator New Lab to a larger space at the Yard, shows exactly how the Yard ecosystem supports advanced technology companies at every stage of growth. AMOGY is a leader in developing clean energy solutions with sustainability at the core of their research — which is an important mission for the Yard to drive forward.”

About Empire State Development 

Empire State Development (ESD) is New York’s chief economic development agency. The mission of ESD is to promote a vigorous and growing economy, encourage the creation of new job and economic opportunities, increase revenues to the State and its municipalities, and achieve stable and diversified local economies. Through the use of loans, grants, tax credits and other forms of financial assistance, ESD strives to enhance private business investment and growth to spur job creation and support prosperous communities across New York State. ESD is also the primary administrative agency overseeing the New York State Regional Economic Development Councils and the marketing of "I LOVE NY," the State’s iconic tourism brand. For more information on Regional Councils and Empire State Development, please visit www.regionalcouncils.ny.gov and www.esd.ny.gov.

About AMOGY, Inc.

AMOGY offers ammonia-based, emission-free, high energy-density power solutions to decarbonize transportation for a sustainable future. Founded by four MIT PhD alumni with a shared vision, AMOGY aims to enable clean transportation in all sectors, accelerating the global journey towards Net Zero 2050. For more information on AMOGY Inc., please visit www.amogy.co


Emily Mijatovic | [email protected] | (212) 803-3692