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An update from Sparc Technologies Ltd ( (AU:SPN) ) is now available.
Sparc Technologies Limited announced that Sparc Hydrogen, a joint venture with Fortescue and the University of Adelaide, has secured its first patent for a photocatalytic water splitting reactor technology in Morocco. This milestone not only enhances Sparc Hydrogen’s intellectual property portfolio but also solidifies its position in the emerging field of green hydrogen production, leveraging concentrated solar energy to improve efficiency and scalability, with plans for further patent applications across 17 other jurisdictions.
More about Sparc Technologies Ltd
Sparc Technologies Limited operates in the renewable energy sector, focusing primarily on innovative hydrogen production technologies. It has formed a joint venture, Sparc Hydrogen Pty Ltd, with Fortescue Limited and the University of Adelaide to develop and commercialize photocatalytic water splitting reactor technology for efficient hydrogen production.
YTD Price Performance: 31.25%
Average Trading Volume: 105,612
Technical Sentiment Consensus Rating: Hold
Current Market Cap: A$20.13M
For detailed information about SPN stock, go to TipRanks’ Stock Analysis page.
