Welcome to our dedicated page for Regi U S news (Ticker: RGUS), a resource for investors and traders seeking the latest updates and insights on Regi U S stock.
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REGI U.S. (RGUS) announced the receipt of a US patent for its Modified Two-Phase Cycle, aimed at enhancing steam plant efficiency by 7% to 16%. The technology improves energy recovery in industrial processes, reducing operational costs and CO2 emissions. The implementation of this patented technology could transform smaller plants, making them competitive with larger facilities, thus increasing grid efficiency. RadMax is actively seeking partners to commercialize these advancements in the $16 billion market.
REGI U.S., Inc. (OTC PINK:RGUS) announced funding for the development of the RadMax Hybrid Cycle Engine (HCE), supported by a Texas equity group. The engine, designed for hybrid vehicles and power generation, utilizes a closed-loop Brayton cycle for increased efficiency and reduced emissions. Preliminary modeling suggests the HCE may achieve performance similar to hydrogen fuel cells without emissions and offer significant greenhouse gas reductions. The company aims to attract additional partners for subsequent development phases leading to commercialization.
REGI U.S. (OTC PINK: RGUS) announced a product development and licensing agreement with TAKEnergy Inc. for the Oil and Gas and Pipeline industries in North America. This strategic partnership grants TAKE the manufacturing and marketing rights of RadMax's compressor and expander products, expected to launch in late 2022. The collaboration aims to meet growing environmental standards by reducing methane emissions and lowering energy costs. Both companies will work on joint intellectual property developments to enhance product commercialization.
REGI U.S., Inc. (OTC PINK:RGUS) announced a cooperative agreement with IWVC, LLC to develop specialized vacuum pumps for a Hybrid Direct Air Capture (HDAC) demonstration project. This innovative technology, supported by funding from the US Department of Energy, aims to extract 30 tons of CO2 annually and produce 1,100 liters of water daily. The new RadMax Compressors will provide efficient vacuum solutions, significantly reducing extraction costs compared to existing technologies. The collaboration marks a step towards enhanced climate technology solutions.
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