Contract Signed for the Development and Integration of On-Demand Hydrogen

Rhea-AI Summary

AQST USA LLC (AQST) and Global Warming Solutions (GWSO) partner to develop and integrate on-demand hydrogen technology for a US Navy contract. The revolutionary TrinityPower Nexus© (TPN) system will be integrated into an autonomous test vessel, marking a significant step in sustainable tech leadership. This partnership aims to revolutionize the energy sector and capitalize on licensing opportunities in the multibillion-dollar hydrogen industry.

Temecula, CA,, Dec. 04, 2023 (GLOBE NEWSWIRE) -- This week AQST USA LLC in partnership with Global Warming Solutions (GWSO) signed a contract for the Development and Integration of On-Demand Hydrogen Technology in support of a US Navy contract.  The signed contract will integrate the revolutionary TrinityPower Nexus© (TPN), a system developed for on-demand hydrogen and oxygen production into an autonomous test vessel.

Echoing this sentiment, Michael Pollastro, CEO of GWSO Inc. states, "This contract confirms our leadership in sustainable tech and will accelerate licensing opportunities in the multibillion-dollar hydrogen industry. This award is only the beginning as, together with AQST, we capitalize on our proven track record to revolutionize the energy sector.” 

"We are excited to work with the talented researchers and our partner GWSO to leverage our hydrogen expertise to address critical fuel and power challenges facing uncrewed maritime vessels," said AQST Chief Executive Officer Raymond Caldas.
"Successfully demonstrating our technology's capabilities and solutions in this arena will open up significant new market opportunities in the military and commercial sector while supporting the transition to hydrogen as a primary sustainable and clean maritime fuel."

Additional information regarding the contract and program will be provided this month. 

Michael Pollastro
Chief Executive Officer
Global Warming Solutions Inc.
mpollastro@gwsogroup.com

About AQST USA LLC

AQST USA LLC (AQST) a Service-Disabled Veteran Owned Smal Business stands at the forefront of innovation as a multifaceted research and manufacturing company specializing in space systems, advanced technologies, and clean energy solutions. Our vision is to offer 'One Platform - Infinite Solutions' that caters to both terrestrial and space applications. At AQST, we are committed to pushing the boundaries of science and defense, harnessing the power of cutting-edge technologies to pave the way for a sustainable and brighter future on Earth and in Space.

About Global Warming Solutions Inc.

Global Warming Solutions Inc. (GWSO) is a publicly traded worldwide developer of technologies that help mitigate climate change and its effects on the planet. The company’s mission is to develop and bring innovative market technologies that address the urgent need to reduce greenhouse gas emissions and adapt to the impacts of climate change.

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FAQ

What is the partnership about between AQST USA LLC and Global Warming Solutions (GWSO)?

The partnership aims to develop and integrate on-demand hydrogen technology for a US Navy contract, using the TrinityPower Nexus© (TPN) system in an autonomous test vessel.

What are the potential benefits of the partnership for both companies?

The partnership is expected to confirm their leadership in sustainable tech and accelerate licensing opportunities in the multibillion-dollar hydrogen industry, opening up significant new market opportunities in the military and commercial sector.

Who are the CEOs of GWSO and AQST?

Michael Pollastro is the CEO of Global Warming Solutions Inc. and Raymond Caldas is the Chief Executive Officer of AQST.

What is the significance of the partnership for the energy sector?

The partnership aims to revolutionize the energy sector and support the transition to hydrogen as a primary sustainable and clean maritime fuel.

What technology will be integrated into the autonomous test vessel?

The TrinityPower Nexus© (TPN) system, developed for on-demand hydrogen and oxygen production, will be integrated into the vessel.

What are the future plans for the partnership?

Additional information regarding the contract and program will be provided this month.