NetworkNewsBreaks – FuelPositive Corporation (TS
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Posted On: 11/18/2021 3:20:42 PM
NetworkNewsBreaks – FuelPositive Corporation (TSX.V: NHHH) (OTCQB: NHHHF) Poised for Every Step Toward Commercialization
FuelPositive (TSX.V: NHHH) (OTCQB: NHHHF), a Canadian growth-stage technology company committed to providing commercially viable and sustainable clean agriculture, energy and chemical solutions to combat climate change, today issued an update on the status of the company and its green ammonia technology. FuelPositive’s lead technology is a modular and scalable system for producing green ammonia for use across a broad spectrum of industries and applications. “This has been an incredible year for us. In January, we became FuelPositive; in March, we signed the intellectual property acquisition deal for our green ammonia technology with Dr. Ibrahim Dincer and his team; in May, we formed our manufacturing partnership with National Compressed Air to build our prototype systems; in June, we filed for our provisional patent and began to build our prototype production systems. Since then, we have raised over CA$12 million, which will cover our costs to build a number of green ammonia production systems,” said Ian Clifford, CEO and board chair of FuelPositive. “We are on track to launch multiple ‘real world’ demonstration pilot projects to showcase our technology throughout 2022. And – maybe the most important achievement of all – we have assembled a team of undisputed experts in their fields – from engineering and manufacturing to robotics and carbon credits. We are highly efficient, knowledgeable and experienced in every step we need to take along the way to commercialization. We can move much more quickly than our competitors and that is one of our great strengths!”
Please see full disclaimers on the NetworkNewsWire website applicable to all content provided by NNW, wherever published or re-published: http://NNW.fm/Disclaimer
FuelPositive (TSX.V: NHHH) (OTCQB: NHHHF), a Canadian growth-stage technology company committed to providing commercially viable and sustainable clean agriculture, energy and chemical solutions to combat climate change, today issued an update on the status of the company and its green ammonia technology. FuelPositive’s lead technology is a modular and scalable system for producing green ammonia for use across a broad spectrum of industries and applications. “This has been an incredible year for us. In January, we became FuelPositive; in March, we signed the intellectual property acquisition deal for our green ammonia technology with Dr. Ibrahim Dincer and his team; in May, we formed our manufacturing partnership with National Compressed Air to build our prototype systems; in June, we filed for our provisional patent and began to build our prototype production systems. Since then, we have raised over CA$12 million, which will cover our costs to build a number of green ammonia production systems,” said Ian Clifford, CEO and board chair of FuelPositive. “We are on track to launch multiple ‘real world’ demonstration pilot projects to showcase our technology throughout 2022. And – maybe the most important achievement of all – we have assembled a team of undisputed experts in their fields – from engineering and manufacturing to robotics and carbon credits. We are highly efficient, knowledgeable and experienced in every step we need to take along the way to commercialization. We can move much more quickly than our competitors and that is one of our great strengths!”
Please see full disclaimers on the NetworkNewsWire website applicable to all content provided by NNW, wherever published or re-published: http://NNW.fm/Disclaimer
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