Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
1414 Degrees Ltd. ( (AU:14D) ) just unveiled an update.
1414 Degrees Ltd has received a $492,526 grant from Australia’s Economic Accelerator Ignite program to advance its SiPHyR™ hydrogen project. This funding will support the development of second-generation catalysts to improve hydrogen yields and tailor carbon co-products for specific markets. The SiPHyR technology aims to decarbonise natural gas and offer a cost-competitive, low-emissions hydrogen solution, positioning it as a relevant technology for hard-to-abate industrial sectors. The grant highlights the potential of SiPHyR to deliver commercially viable, low-emissions hydrogen solutions for the industry, supported by government and industry partners.
More about 1414 Degrees Ltd.
1414 Degrees Ltd is a leader in industrial decarbonisation, offering silicon-based solutions to align energy supply with demand and promote renewable energy adoption. Their key technologies include SiBrick® for thermal energy storage, SiBox® for sustainable industrial processes, and SiPHyR™ for low-emission hydrogen production. The company has demonstrated its capabilities through successful pilot projects and owns the Aurora Energy Project, a renewable energy initiative in South Australia.
Average Trading Volume: 354,515
Technical Sentiment Signal: Sell
Current Market Cap: A$5.83M
Find detailed analytics on 14D stock on TipRanks’ Stock Analysis page.