/Companies

Joi Scientific

Merritt Island, US · Delaware corporation

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Joi Scientific develops patented technology to extract hydrogen directly from saltwater, on demand and on site, as a clean-fuel alternative for industrial sectors, remote sites, and maritime operations that rely on black hydrogen, diesel, and bunker fuel. Its labs are located at the Space Life Sciences Laboratories at NASA's Kennedy Space Center.

Founders & leadership

RK
Robert KoenemanCo-founder · President, SVP Technology and Member Board of DirectorsHe spent 18 years at McDonnell Douglas as a senior logistics engineer leading development of the Computerized Fault Reporting System for the F-15 fighter program, and later spent over a dozen years in aerospace avionic safety software research and development before co-founding Joi Scientific.
TK
Traver KennedyCo-founder
HJ
Huw JonesExecutive
KF
Kurt FrahnChief Financial Officer2016–2020Executive Officer at Homee

Board

DW
Dean WoodmanBoard director
GT
Gaeton ThomasBoard director
BM
Bill McGillBoard director

Funding

SEC filings, press & company announcements

$4.5M disclosed across 2 of 3 rounds · 2016–2018

▶$250KraisedJul 2018 · 1 investors · Other Energy
Rule 506(b)
Officers, directors & promoters on the filing
  • Robert KoenemanExecutive Officer, Director
  • William McGillDirector
  • Dean WoodmanDirector
  • Kurt FrahnExecutive Officer
  • Traver KennedyExecutive Officer, Director, Promoter
  • Huw JonesExecutive Officer
  • Gaetan ThomasDirector
Offering amount
$10M
Amount sold
$250K
Minimum investment
$250K
First sale
Jun 2018
Incorporated
Corporation, Delaware
Federal exemptions
06b
Full filing on SEC EDGAR ↗
▶$4.2MraisedMar 2018 · 7 investors · Other Energy
Rule 506(b)
Officers, directors & promoters on the filing
  • Huw JonesExecutive Officer
  • Robert KoenemanExecutive Officer, Director
  • Dean WoodmanDirector
  • Gaeton ThomasDirector
  • Bill McGillDirector
  • Traver KennedyExecutive Officer, Director, Promoter
  • Kurt FrahnExecutive Officer
Offering amount
$5M
Amount sold
$4.2M
Minimum investment
$500K
Proceeds to insiders
$800K
First sale
Aug 2017
Incorporated
Corporation, Delaware
Federal exemptions
06b
Full filing on SEC EDGAR ↗

Source: SEC EDGAR Form D. Amounts as filed; amended filings shown once at their latest values.

In the news

Frequently asked questions

What does Joi Scientific do?
Joi Scientific develops patented technology to extract hydrogen directly from saltwater, on demand and on site, as a clean-fuel alternative for industrial sectors, remote sites, and maritime operations that rely on black hydrogen, diesel, and bunker fuel. Its labs are located at the Space Life Sciences Laboratories at NASA's Kennedy Space Center.
Who founded Joi Scientific?
Joi Scientific was founded by Robert Koeneman, Traver Kennedy.
How much funding has Joi Scientific raised?
Joi Scientific has disclosed $4.5M raised across 2 of its 3 known rounds.
Where is Joi Scientific headquartered?
Joi Scientific is headquartered in Merritt Island, US.