1414 Degrees Ltd. (AU:14D) has released an update.
1414 Degrees Ltd has teamed up with renowned industry and academic partners to develop its innovative SiPHyR technology, a potentially game-changing hydrogen production method using methane pyrolysis. The project, which promises lower-emission hydrogen at costs competitive with traditional methods, has been bolstered by a $1 million investment from Woodside Energy Technologies and aims to reach commercialization readiness within five years. This development signifies a major leap towards sustainable energy solutions and could revolutionize hydrogen use across various industries.
For further insights into AU:14D stock, check out TipRanks’ Stock Analysis page.
