Welcome to our dedicated page for Fuelpositive news (Ticker: NHHHF), a resource for investors and traders seeking the latest updates and insights on Fuelpositive stock.
FuelPositive Corporation is a Canadian technology company dedicated to delivering sustainable clean technology solutions, with a focus on a patent-pending Green Ammonia production system that eliminates carbon emissions. The company aims to address climate change and unsustainable agricultural practices through innovative technology that can be implemented now. FuelPositive's goal is to provide clean fertilizer, energy, and Green Ammonia supply security to end-users, starting with farmers.
Their breakthrough technology allows farmers to produce their own fertilizer and fuel on-site, powered by green electricity. By eliminating up to 4 tonnes of CO2e emissions per tonne of Green Ammonia produced, FuelPositive is making a positive impact on farmer's health, finances, and global food security.
In 2023, the company achieved several milestones, including global IP protection, expanding the sales process and pipeline, building a great team, growing government support, and reaching financing milestones. Looking ahead to 2024, FuelPositive aims to generate revenues in the range of hundreds of millions of dollars, while continuing its mission to heal the planet.
FuelPositive Corporation trades on the TSX Venture Exchange under the symbol NHHH and on the OTCQB under the symbol NHHHF.
FuelPositive Corporation (NHHHF) provides an update on its progress regarding the Phase 2 Hydrogen-Ammonia Synthesizer commercial prototype systems. CEO Ian Clifford emphasized the growing interest from investors and the successful execution of their production plan, aiming to complete the prototypes by the end of 2021. The company is experiencing international delivery delays due to COVID-19 but maintains plans for domestic manufacturing. They also secured new strategic appointments and are developing partnerships to enhance their impact, particularly in agriculture.
FuelPositive Corporation (TSX.V: NHHH, OTCQB: NHHHF) announces the appointment of Nelson Leite as COO and other key personnel changes. The company is transitioning from R&D to commercialization of carbon-free ammonia (NH3). With over 30 years of experience, Leite is expected to advance the company's innovative technology. Olushola Ashiru and Francois Desloges are also joining the Board and Executive Team, respectively. The company has granted 3.5 million stock options to Leite and Ashiru, and production of NH3 synthesizer prototypes is set for the end of 2021.
FuelPositive Corp. (TSX.V: NHHH, OTCQB: NHHHF) has announced the hiring of Dr. Ghassan Chehade as Lead Project Engineer for their carbon-free ammonia (NH3) production technology. This marks a significant milestone as the company transitions from research to commercialization, with plans to manufacture prototype systems. FuelPositive's innovative technology produces ammonia using air, water, and sustainable electricity, targeting applications in agriculture and energy storage. The company's goal is to provide sustainable clean energy solutions and combat climate change.
FuelPositive Corp. (TSX.V: NHHH) (OTCQB: NHHHF) announces its feature in a broadcast by NetworkNewsAudio, enhancing visibility in the investment community. The company engaged emissions reduction expert Andre Mech to analyze Canada's green off-peak electricity capacity and its implications for the transportation sector. Findings reveal that Canada possesses sufficient green electricity for carbon-free ammonia (NH3) to fuel up to 100% of passenger and freight aviation, among other sectors. This presents substantial opportunities for market expansion in green ammonia.
FuelPositive Corporation has highlighted the potential of carbon-free ammonia (NH3) as an alternative to fossil fuels in Canada's transportation sector. A recent study indicates that Canada can produce enough NH3 to power 100% of its passenger and freight aviation, rail, and marine shipping, leading to a 15.3% reduction in national greenhouse gas emissions. The analysis confirms that existing green electricity resources can cover the fuel needs of these high-emission industries. FuelPositive’s innovative production system utilizes air, water, and renewable energy to create non-polluting ammonia, presenting a sustainable transition strategy for Canada.
FuelPositive Corporation (TSX.V: NHHH, OTCQB: NHHHF) has appointed Dr. Ghassan Chehade as Lead Project Engineer. Dr. Chehade, a co-inventor of the Company's carbon-free ammonia (NH3) technology, will work on manufacturing Phase 2 commercial prototypes. This marks a significant step for FuelPositive as it transitions from R&D to commercialization, with pilot projects expected in early 2022. Their NH3 technology is positioned to disrupt a $70 billion traditional ammonia market, offering a sustainable alternative to fossil fuels while being more efficient for hydrogen storage.
FuelPositive Corporation has received approval to trade its common shares on the OTCQB Venture Marketplace under the symbol NHHHF, effective today. This move aims to enhance visibility and liquidity for U.S. investors, while still retaining its listing on the TSX Venture Exchange as NHHH. CEO Ian Clifford emphasized the potential of their carbon-free ammonia technology in reducing greenhouse gases, which he believes will attract institutional and retail investors in the U.S. The company focuses on sustainable energy solutions across various industries.
FuelPositive Corporation (TSX.V: NHHH, OTCMKTS: NHHHF) released an update on June 24, 2021, highlighting its strong financial position and ongoing initiatives. The company secured CAD 5 million in financing, ensuring the full funding of its Phase 2 Hydrogen-Ammonia Synthesizer project. FuelPositive also filed a provisional patent for its NH3 technology, establishing crucial intellectual property protections. The company is expanding its team and exploring strategic acquisitions to enhance its sustainability portfolio. Their current cash balance exceeds CAD 6 million.
FuelPositive Corporation (TSX.V: NHHH) (OTC: NHHHF) has initiated the patent process for its "Modular Transportable Clean Hydrogen-Ammonia Maker." This step is crucial as it secures the company’s proprietary technology, potentially reducing competition and generating significant market value. CEO Ian Clifford highlights that their carbon-free ammonia technology lowers processing costs and energy usage. The company is advancing towards commercialization, which could lead to increased revenues and validate the technology's market viability.
FuelPositive Corporation (NHHHF) announced its feature on NetworkNewsAudio, enhancing its brand visibility in the investment community. The company recently filed a patent application for its "Modular Transportable Clean Hydrogen-Ammonia Maker" (U.S. provisional patent application number: 63197884). CEO Ian Clifford emphasized that the technology offers lower energy consumption and reduced processing costs compared to current methods, aiming for rapid commercialization. This development supports FuelPositive's vision of providing sustainable energy solutions, particularly in the clean ammonia sector.