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GREENWAY TECHNOLOGIES INC (GWTI) is a leading technology company specializing in sustainable solutions for the environment. They focus on developing innovative products and services that promote eco-friendly practices and reduce carbon footprint. With a strong emphasis on research and development, GWTI is at the forefront of green technology advancements.
Greenway Technologies (OTCPINKSHEETS: GWTI) has signed a new LOI with GME Hydro LP on December 12, 2024, reaffirming their October 2023 agreement for GME to purchase two patented H-Reformer™ units. The units will be configured to produce up to 20,000 KG of hydrogen daily to generate 10 MW of electricity at GME's Johnstown, PA facility. The project aims to combine fossil natural gas with 25% renewable natural gas to qualify for Federal Clean Air H2 Credits.
The H-Reformer™ units offer a scalable, on-site clean hydrogen production solution with low carbon emissions. The separated carbon byproduct will be liquified and sold to generate additional revenue. The companies are also exploring additional applications, including converting methane from municipal waste dumps into hydrogen and using GWTI's G-Reformer™ technology to create synthetic diesel blend stock and methanol.
Greenway Technologies (OTC: GWTI) has announced the development of the H-Reformer®, an enhanced version of their G-Reformer® system that converts natural gas to hydrogen and carbon dioxide. The new system features improved controlling software and an extended reforming vessel, enabling higher hydrogen production and efficient carbon monoxide conversion. The H-Reformer® operates without external heating sources, making it highly efficient and low-carbon generating. The system can produce both 'blue hydrogen' from fossil natural gas and 'green hydrogen' from renewable methane, with carbon dioxide being separated for sale or sequestration. The modular design allows for scalability and point-of-use deployment, eliminating hydrogen transportation and compression costs.
Greenway Technologies, Inc. (OTC: GWTI) has announced the resignation of Kent Harer from its Board of Directors. The company, based in Arlington, Texas, specializes in advanced gas-to-liquids (GTL) and gas-to-hydrogen (GTH) technology development. Greenway's subsidiary, Greenway Innovative Energy, Inc., is collaborating with The University of Texas at Arlington to research and develop proprietary GTL and GTH systems.
The company's patented technology is integrated into its G-Reformer® unit, which forms the core of systems capable of producing hydrogen or liquid fuels, including diesel fuel blend stock and various hydrocarbon chemicals or methanol. These systems offer solutions for stranded gas conversion and on-site hydrogen production, addressing logistical challenges and providing efficient, carbon emission-free alternatives to traditional methods.
Greenway Technologies, Inc. (OTC: GWTI) has signed a new Sponsored Research Agreement (SRA) with the University of Texas-Arlington (UTA) as part of their existing patent agreement. The SRA outlines specific research tasks to be performed by UTA on Greenway's gas-to-liquids (GTL) and gas-to-hydrogen (GTH) technologies. Key points include:
1. UTA will research Greenway's products and provide findings, including all patent rights and discoveries.
2. The agreement upgrades GWTI's patent rights for discoveries made under the SRA.
3. The contract is for one year, expiring June 1, 2025.
4. All patents resulting from the SRA become Greenway's property.
5. The SRA is part of an ongoing collaboration that supports new product development and protects Greenway's intellectual property rights.
Greenway Technologies, Inc. (OTC: GWTI) has appointed Robert Kevin Jones as its new President. Mr. Jones, 59, is a major shareholder and board member who has invested significantly in the company. With over 35 years of business leadership experience, he previously founded and grew a healthcare construction company to nearly $100M in revenue.
Greenway, through its subsidiary Greenway Innovative Energy, Inc., is developing proprietary gas-to-liquids (GTL) and gas-to-hydrogen (GTH) systems in collaboration with the University of Texas at Arlington. The company's patented G-Reformer® technology forms the core of these scalable systems, which can produce hydrogen or liquid fuels with associated hydrocarbon chemicals or methanol. These systems aim to solve critical problems in natural gas utilization and transportation, offering efficient conversion with no airborne carbon emissions.
Greenway Technologies, Inc. (OTC: GWTI), an advanced gas-to-liquids (GTL) and gas-to-hydrogen (GTH) technology development company, has announced that its stock has been converted from trading on the OTCQB to Pink Sheet trading. This change occurred due to the company's failure to timely file its Form 10-K for the fiscal year ended December 31, 2023, and Form 10-Q for the quarterly period ended March 31, 2024.
However, GWTI has now filed both reports and is current in its SEC filings. The company is working with a stock broker to file a Rule 15c2-11 Exemption Request Form with FINRA to resume trading on the OTCQB. In the meantime, GWTI will continue trading on the pink sheet platform.
Greenway Technologies, Inc. (OTC: GWTI), an advanced gas-to-liquids and gas-to-hydrogen technology development company, has announced that its stock has been converted from OTCQB to Pink Sheet trading. This change occurred due to the delayed filing of SEC reports for the 2023 Form 10-K and Q1 2024 Form 10-Q. The company has now filed the 2023 Form 10-K and expects to file the Q1 2024 Form 10-Q next week.
To resume trading on OTCQB, GWTI must submit a Rule 15c2-11 Exemption Request Form to FINRA after filing the Q1 2024 Form 10-Q. GWTI's subsidiary, Greenway Innovative Energy, Inc., focuses on developing proprietary GTL and GTH syngas conversion systems for oil and gas field production. The company's patented technology is integrated into its first-generation commercial G-Reformer® unit, which converts natural gas into synthesis gas for various applications.
Greenway Technologies (OTC: GWTI) has announced significant changes to its leadership. Robert Kevin Jones, a major shareholder and creditor, has been elected to the Board of Directors. Concurrently, Kent Harer has resigned from his position as Acting President. The company, based in Arlington, Texas, specializes in advanced gas-to-liquids (GTL) and gas-to-hydrogen (GTH) technology development through its subsidiary, Greenway Innovative Energy.
GWTI's core technology includes the patented G-Reformer® unit, which converts natural gas into synthesis gas. This innovation can be applied to various natural gas streams, producing cleaner fuels like gasoline, diesel, and jet fuel, as well as valuable chemicals. The company's technology also facilitates hydrogen creation without additional processing steps.
Greenway Technologies, Inc. (OTCQB: GWTI) has announced the issuance of two new patents for its G-ReformerTM technology, enhancing its portfolio in gas-to-liquids (GTL) processes. The patents, No. 11,453,827 and No. 11,608,473, add to the existing six patents related to syngas conversion from natural gas. This innovative technology converts methane, oxygen, and steam into syngas, which can then be transformed into cleaner liquid fuels via Fischer-Tropsch reactors. The G-ReformerTM units can utilize stranded natural gas, potentially increasing energy market efficiency and supporting environmental initiatives.
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