MAJOR BREAKTHROUGH IN GASEOUS HYDROGEN REACTOR DESIGN.

Rhea-AI Summary

Coates International, Ltd. (COTE) has announced a significant breakthrough in its proprietary Gaseous Hydrogen Reactor Design, capable of harnessing and delivering hydrogen to power the CSRV® Electric Power Generator rated at 100-150 KW. This innovation requires only 3KW of power for hydrogen production, positioning Coates' technologies as viable options in the green energy sector. Collaborating with Advanced Hydrogen Power, Ltd. over seven years, the company is now set to begin production, with initial orders coming from Mexico and the USA.

Disclaimer: Success is not guaranteed.

Positive

• Achieved a major breakthrough in Gaseous Hydrogen Reactor Design.
• CSRV® Electric Power Generator now operates using hydrogen as fuel.
• Technology positions Coates as a competitive player in green energy markets.
• Production plans are underway after seven years of development.
• Initial orders received from Mexico and the USA.

Negative

• No assurance of success in future endeavors.

Wall Township, NJ , Oct. 12, 2021 (GLOBE NEWSWIRE) -- Coates International, Ltd. (COTE) (the “Company”) is pleased to announce that it has fulfilled its promise and achieved a major breakthrough in the next generation of its proprietary, Gaseous Hydrogen Reactor Design. This breakthrough is now able to harness and deliver Gaseous Hydrogen to power the Company’s industrial CSRV® Electric Power Generator 100 – 150 KW.  The Generator energizes the hydrogen reactor with 3KW of power needed to produce the Gaseous Hydrogen which is then delivered as the fuel to run the CSRV® Generator. With this achievement, the various Coates technologies are now viable as extremely low-cost, ultra-efficient options, that are beyond compare, in the industrial and commercial “green energy” power generation markets.

Advanced Hydrogen Power, Ltd. and Coates International, Ltd. have been working on this new Reactor Technology for approximately seven years and are now planning to establish production of this most Green Power Technology.  Orders have already been received from Mexico and the USA.

More information will be forthcoming.

There can be no assurance that the Company will be successful in any of its endeavors.

Safe Harbor Statement:
This press release contains forward-looking statements that are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995.  Please see our filings with the Securities and Exchange Commission.  Our public filings with the SEC may be viewed and printed on the website maintained by the SEC at http://www.sec.gov.

Contact Information:
Coates International, Ltd.
Phone: 732-449-7717
Fax: 732-449-0764
www.coatesengine.com
www.mostadvancedengine.com

FAQ

What is the significance of Coates International's recent breakthrough?

Coates International's breakthrough in the Gaseous Hydrogen Reactor Design allows its CSRV® Electric Power Generator to utilize hydrogen as fuel, enhancing its position in the green energy market.

What are the power requirements for the CSRV® Electric Power Generator?

The CSRV® Electric Power Generator requires 3KW of power to produce Gaseous Hydrogen, which is then used to power the generator rated at 100-150 KW.

How long has Coates International been developing its new reactor technology?

Coates International and Advanced Hydrogen Power, Ltd. have been developing the new reactor technology for approximately seven years.

Where have initial orders for the new hydrogen technology come from?

Initial orders for the new hydrogen technology have been received from Mexico and the USA.

Is there a guarantee for the success of Coates International's hydrogen reactor?

No, the press release states there can be no assurance that Coates International will be successful in its endeavors.