FuelPositive believes that the world is ready now for a positive change and we are ready to make it happen.
The environmental imperative for scalable and economically viable replacements for fossil fuels and other highly polluting materials has never been more urgent. FuelPositive’s green ammonia production technology is well-positioned to significantly contribute to achieving international carbon
emission targets – almost immediately. FuelPositive is poised to play a key role in ensuring many sectors are able to meet and surpass their targets.
Why FuelPositive and not another player in the ammonia and hydrogen markets? We’ve got the patent-pending, scalable, cost-effective production system that makes in situ green ammonia possible. Our high-performance team of experts is nimble and ahead of the curve, positioning us to be first to market. Since filing for our provisional patent in June, we are already building our prototype systems and planning our “real world” demonstration pilot projects to be held throughout 2022.
Our “plant in a box” production system will:
The ammonia industry is poised for a dramatic upward shift in demand and market size as a result of green ammonia applications.
Approximately 200 million tons of traditional ammonia are produced every year around the world with an annual market value of about $70 billion U.S. – about 80% being used in farming, which will be our first area of focus.
The existing, grey ammonia market has been a commodity-type market with compound annual growth rates (CAGR) of about 5% per year.
A number of recent projections about the market size for green ammonia suggest compound annual growth rates over the next decade of 50% or more.
FuelPositive recently closed a $7-million financing, which was fully subscribed with U.S. institutional investors. The result is a strong balance sheet, with over $12 million in operational capital today, which will comfortably fund the building of multiple Phase 2, commercial, green ammonia, production
systems. A number of high profile demonstration projects are scheduled to be in the field throughout 2022.
In the near future, our full-sized commercial green ammonia production units will provide all the credibility we need, but until then, we are working hard to be as transparent as possible as we progress toward that point. We are being open about what we are planning and reporting at each stage along the way to share our progress and next steps.
Our credibility is also wrapped up in the stellar team we have assembled. We have recently announced agreements with key industry players.
Dr. Ibraham Dincer
Dr. Dincer is well known as a world leader in hydrogen and ammonia. Dr. Dincer and his team made the foundational contribution to the scalable and modular carbon-free NH3 systems we are developing today. He and his team continue to be closely involved with FuelPositive, as we look at multiple facets of hydrogen and hydrogen opportunities.
Nelson Leite is FuelPositive’s Chief Operating Officer and a Board Member. A mechatronics specialist, he is leading the effort to ensure all bases are covered as we build our first prototypes to be used in “real world” demonstration pilot projects, and as we set ourselves up for large scale manufacturing in the future. Nelson has 30 years of experience leading the development of technologies and inventions, including AI software, robotics and machine development, leading to several patents. Nelson has successfully created and executed multiple strategic plans for the path of new technologies from inception to commercialization in the automotive, pharmaceutical and consumer goods industries which were utilized by companies such as Toyota, Tesla, and Pfizer to name a few.
Dr. Ghassan Chehade
Dr. Chehade, one of the co-authors named on the provisional patent of our carbon-free NH3 technology, has joined FuelPositive as Lead Project Engineer. He will be working closely with National Compressed Air on the building of our production systems.
Andre Mech has joined FuelPositive as a strategic advisor. He has been advising organizations and governments focused on sustainability, energy efficiency and carbon reduction worldwide since 2001. As one of the most knowledgeable emissions reduction and carbon credit specialists in the sector, he has assessed the emission profiles of hundreds of technologies.
François Desloges is FuelPositive’s Senior Business and Technology Analyst. François has over 25 years of experience in high tech entrepreneurship. He has developed electronic systems software applications and material science at the heart of innovative processes for multiple start-up companies.
National Compressed Air Canada Ltd. (NCA)
FuelPositive is partnering with NCA to undertake the manufacturing of the Company’s Phase 2 Hydrogen-Ammonia Synthesizer commercial prototype systems for carbon-free NH3 production. With more than 50 years’ experience, NCA is an industry leader in the development, manufacturing, and servicing of transportable compressors using multiple gasses and highly specialized exploration equipment.
FuelPositive is also advancing supercapacitor technology – Composition Modified Barium Titanate. This proprietary technology allows for increases in power and energy densities, charging speed, longevity, useful life and a lower cost per watt hour stored. Currently FuelPositive is working on improvements to this technology with a group associated with NASA and will provide updates as the improvements are independently certified.
To view the July 15, 2021 Corporate Update, please click here.
Our flagship technology, a process for producing green ammonia, is protected under a provisional patent. The FuelPositive system comprises a nitrogen generator to produce nitrogen from air, a water electrolyzer to produce hydrogen from water, and a novel ammonia synthesis reactor to produce ammonia from the hydrogen and nitrogen.
Our U.S. provisional patent application for the green ammonia synthesis reactor was filed on a confidential basis with the USPTO on June 7, 2021 (US Prov. Pat Appl. Serial No.: 63/197,884). That sets our priority date to the invention set out in the Claims in that U.S. Provisional Patent Application. No one can file a patent application AFTER that priority date and claim superior rights to FuelPositive in the invention.
The co-inventors listed on the FuelPositive provisional patent are Dr. Ibrahim Dincer and his team, and Dr. Ghassan Chehade. Their work and only their work is applicable.
Over the next several months, as we build our prototype, we will be continuing to finetune the provisional patent. By June 6, 2022, we will file a U.S. Non-Provisional Patent Application incorporating the U.S. Provisional Patent Application and claiming broader ranges as we will have determined are necessary.
We will also file a Patent Co-Operation Treaty (PCT) Patent Application incorporating the U.S. Provisional Patent Application and claiming all other PCT-member countries to the PCT. We expect to include a wide range of countries in the PCT Patent Application. We expect the FuelPositive green
ammonia production system to be used widely around the world.
The U.S. Non-Provisional Patent Application will continue to be examined in the normal course over a three-year period following publication and will be made public by about December 2022. During that time period, FuelPositive will receive and respond to USPTO Patent Examiner requisitions.