HYDROGEN CARRIER HYDROLINE TECHNOLOGY, R&D FINANCING – $ 20 MIO R&D

Hydroline’s technical features are preferable to currently deployed Hydrogen carrier systems in terms of energy balance, required heat, equipment cost, and the ability to make use of existing Hydrocarbon fuel pipes, tanks, trucks and other support apparatus.

Since Hydrogen provided by Hydroline carrier needn’t be compressed, the relative cost of storage, transport and dispensing makes it competitive with gasoline and diesel. Hydroline range of carrier capacities will allow for deployment on both stationery and mobile platforms, making it a truly Transformational Technology.

Company is looking for up to $ 20 million in equity and/or convertible debt, PPMI aims to be the Company commercial and strategic partner going forward to roll out this disruptive technology in its own energy projects.