A PFSA‐stabilized Pt‐catalyst supported on a novel carbon material, carbon nano networks (CNNs), was synthesized. To benchmark its performance, it was compared to a commercial catalyst, supported on an amorphous carbon support, and to a PFSA stabilized Pt catalyst supported on commercial carbon nano tubes (CNTs). The PFSA‐Pt/CNNs exhibit improved performance compared to commercial catalysts in terms of ORR kinetic activity and durability. Even though PFSA‐Pt/CNTs should show comparable behavior to PFSA‐Pt/CNNs, our experimental results show a slightly superior performance. Optimization of the CNN synthesis route is expected to improve their properties as a carbon support. Since CNN mass production is expected to be cheaper than for CNTs because of the simplicity of the synthesis route, we conclude that CNNs are a promising material for the fuel cell market.