Terralix(former Fuel Cell Labs), a hydrogen fuel cell startup, was finally selected for the 2020 BIG 3 small and medium-sized venture business innovation growth support project promoted by the Ministry of SMEs and Startups.

This project supports R&D, commercialization funds, policy funds, and technology guarantees for innovative growth and performance creation by selecting competent start-ups and venture companies in three new industries: system semiconductors, bio-health, and future cars.

With this selection, Terralix(former Fuel Cell Labs) received a total of 13.5 billion won in project expenses for three years, spurring the commercialization of hydrogen fuel cell systems for small electric vehicles of 30kW.