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1414 Degrees Retains Full Ownership of SiBox® Technology After Successful Collaboration with Woodside

Story Highlights
  • 1414 Degrees retains full ownership of SiBox IP after collaboration with Woodside.
  • The company advances SiBox commercialisation and collaborates on SiPHyR hydrogen technology.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
1414 Degrees Retains Full Ownership of SiBox® Technology After Successful Collaboration with Woodside

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1414 Degrees Ltd. ( (AU:14D) ) has provided an announcement.

1414 Degrees Ltd has successfully completed all technical milestones under its SiBox® Development Agreement with Woodside Energy Technologies, retaining full ownership of the SiBox intellectual property. This allows 1414 Degrees to explore further partnerships and commercialisation opportunities, positioning SiBox as a crucial technology for industrial decarbonisation and renewable energy integration. The company continues to collaborate on the SiPHyR turquoise hydrogen technology and is advancing multiple commercialisation streams, including Heat-as-a-Service models and opportunities within the Aurora Energy Precinct.

More about 1414 Degrees Ltd.

1414 Degrees Ltd is a leader in industrial decarbonisation, offering advanced silicon-based solutions that align energy supply with demand and promote the adoption of renewable energy. Their key technologies include SiBrick®, a thermal energy storage system, SiBox®, which provides high-temperature heat for industrial processes, and SiPHyR™, a methane pyrolysis reactor for low-emission hydrogen production. The company is also involved in the Aurora Energy Project, a renewable energy initiative in South Australia.

Average Trading Volume: 349,396

Technical Sentiment Signal: Strong Sell

Current Market Cap: A$6.71M

For a thorough assessment of 14D stock, go to TipRanks’ Stock Analysis page.

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