PowerTap Hydrogen Capital Corp. (NEO: MOVE) (FWB:2K6B) (OTC: MOTNF) Acquires 49% of AES-100 Inc. to Accelerate Application of the Advanced Electrolyzer System in Hydrogen Refueling Infrastructure
PowerTap is focused on installing hydrogen production and dispensing fuelling infrastructure in the United States, leveraging their patented hydrogen production system.
- PowerTap is focused on installing hydrogen production and dispensing fuelling infrastructure in the United States, leveraging their patented hydrogen production system.
- PowerTap has affirmed the significant potential that we see in the AES technology to support the mass transition to clean energy.
- Following the transaction, PowerTap and Aberdeen own 49% and 41.67% of AES-100 Inc., respectively, with the balance held privately.
- AES-100 Inc., an Aberdeen portfolio investment, owns the exclusive rights and all intellectual property pertaining to the Advanced Electrolyzer System for the production of hydrogen from dilute syngas.