1414 Degrees Ltd. (AU:14D) has released an update.
1414 Degrees Ltd has made substantial strides in the commercial deployment of its SiBox technology, securing an additional patent and funding for its SiPHyR hydrogen reactor, while also collaborating with BHP on the Aurora Renewable Energy Precinct. The company, working closely with industry leaders and academic institutions, is pushing towards commercializing a cost-competitive hydrogen production solution that aligns with decarbonization goals. Increased interest from various industries and government assistance promises a supportive cash flow outlook, with the potential for significant revenue from the Aurora BESS project and ongoing development of SiBox and SiBrick technologies.
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