The Company’s ARENA-funded Kotai Hydrogen Project has achieved its Milestone 2 objectives, validating the exportable solid state hydrogen technology at the lab scale, demonstrating both synthesis of sodium borohydride and hydrogen release at high-pressure.
With the successful completion of Milestone 2, triggers a $1 million funding payment from ARENA, providing ongoing support for the Project.
The project is on-track to meet Milestone 3, which will scale up the technology before moving to production at a demonstration facility.