Milestones

2017

Research

From 2007 to 2017, scientists at Ontario Tech University had extensive research on the CuCl cycle and successfully demonstrated it in the Clean Energy Research Lab.

2020

We were incorporated in Dec. 2020.

2022

Small scale On-site project

25-100 Kg/day of H2

(2022-2024)

2024

Middle scale On-site project

100-500 Kg/day of H2

2025-2026

2026

Large scale On-site project

> 1T/day of H2

2027-2030

2030

Large scale On-site project

> 10T/day of H2

2030-2035

2035

Stand-alone Green Hydrogen & Oxygen Plants

Commercial offer of large scale heat to hydrogen systems

Commercial offer of small waste heat hydrogen systems

Addressable Market

Heavy Industry TAM

8000+ Plants

X

$200k/Unit/Year

Cement Industry TAM

2000+ Plants

X

$200k/Unit/Year

$1 B
$4 B

Remove 600k ton CO2e/Year

~ 24M trees planted/year

~ 120K cars off road/year

Remove 2.4M ton CO2e/Year

~ 100M trees planted/year

~ 480K cars off road/year

​Reference:

  • Gross revenue at $500K/site/year

  • One unit can reduce 300+ ton CO2e per year

The total Addressable Market of the cement industry alone is $400M just using $200K per year per site.

  • Having 10 sites with just one customer by 2025, it is $2M revenue.

  • By 2028, having 2.5% of the market share means $10M revenue.

  • By 2030, 2.5% of total addressable market in the heavy industry is 40M.

Long Term Vision

  • Commercial Large scale CIG System

  • Mature Hydrogen Supply Chain

Commercial Nuclear SMR
Commercial Solar to heat technology