A bit more competition on the horizon...
1414 Degrees Ltd ("1414 Degrees", "14D”, or the “Company“) is pleased to announce that it has obtained an
exclusive licence for a new fluid reactor technology (Reactor) developed and patented by The University of Adelaide
(the University).
The novel Reactor design features innovative dual bubble column technology with liquid metal catalysts for high
temperature reactions. 1414 Degrees plans to integrate its SiBrick™ silicon thermal storage with the Reactor design,
primarily for emissions-free hydrogen production through pyrolysis of methane. Integrating SiBrick with the Reactor
will allow the use of intermittent renewable energy in the process, which requires constant very high temperatures
to maintain continuous hydrogen production.
The University of Adelaide will continue to develop its Reactor design under a sub-licence for teaching and research
purposes.
On successful commercialisation 1414 Degrees will pay royalties to the University. The licence term is 20 years and
the agreement includes an option for 1414 Degrees to purchase the intellectual property in the future.
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