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CarbonMeta Research Signs Patent Agreement with KAUST for Processing Methane into Hydrogen and Carbon

CarbonMeta™ Research Ltd, a wholly owned subsidiary of CarbonMeta Technologies (OTC PINK: COWI), announced today that it has signed a patent license agreement with King Abdullah University of Science and Technology (KAUST) for methane catalytic decomposition in order to produce hydrogen fuel and high-value carbon products affordably and without CO2 pollutants.

Hydrogen has been identified as an affordable and clean solution for decarbonising transportation, and the market production has been projected to grow from $160B in 2022 to $263B in 2027, at a CAGR of 10.5% (Markets and Markets, 2022)

Today, hydrogen is produced by processing natural gas, which also produces CO2 by-products, and by electrolysing water into hydrogen and oxygen, which is energy intensive. With hydrogen demand expected to increase further, there is an urgent need to produce hydrogen affordably and without CO2 pollutants.

By signing this agreement with KAUST, CarbonMeta Research Ltd. plans to work cooperatively with KAUST to commercialise microwave catalysis of methane for the production of clean hydrogen fuel and high-value carbon products using custom-designed microwave reactors. This process complements the plastics microwave catalysis technology that CarbonMeta Research Ltd. is commercialising with the University of Oxford.

CarbonMeta Research Ltd. is also investigating potential joint-venture partnerships with natural gas exploration and production companies that have an interest in producing hydrogen fuel and high-value carbon products from natural gas cost-effectively and without CO2 by-products

Mohammed Khalil, Managing Director of CarbonMeta Research UK, commented: “Licensing this patent from KAUST is a first step to commercialising a breakthrough technology that has great potential worldwide.

“We believe that this microwave catalysis technology has the potential to deliver low-cost hydrogen through joint venture partnerships with natural gas production companies as well as biowaste companies that produce methane.”

Sean Flanigan, Director of Technology Transfer Office from KAUST Innovation, added, “We look forward to working with CarbonMeta Research to commercialise our microwave catalysis process and catalyst technologies. The collaboration aims to deliver clean hydrogen fuel and high-value carbon products from methane and liquid natural gas.”

This was posted in Bdaily's Members' News section by Ridley .