Aether Catalyst files PCT patent application
2023-11-14 10:26 ET - News Release
Mr. Paul Woodward reports
AETHER CATALYST SOLUTIONS, INC. ANNOUNCES PCT PATENT APPLICATION
Aether Catalyst Solutions Inc. has filed a PCT (Patent Cooperation Treaty) patent application entitled "Mixed metal oxide catalyst and compositions and processes for the production thereof."
Modern catalytic converters often comprise many chemistries, sometimes in several locations, all working in harmony to clean the exhaust gasses of vehicles. The key components of the catalyst chemistries are precious metals often referred to as platinum group metals (PGMs). PGMs are highly effective catalysts but are also exceptionally expensive due to their rarity and processing costs. Aether's catalyst formulation uses zero platinum group metals, instead relying upon cost-effective mixed metal oxides to provide the catalytic activity.
Given the cost and supply chain difficulties inherent in the acquisition and processing of PGMs, and the increasing geopolitical risks in the areas that mine them, it is no surprise that when faced with increased loadings of PGMs to meet rising emissions standards, original equipment manufacturers are actively looking for alternatives.
Taylor Procyk, chief operating officer of Aether, states: "Aether's work on this catalyst has produced a thorough understanding of the way its elemental makeup affects desired catalytic behaviour. This has led to a patent application that focuses on composition of matter. Protecting our catalyst from a composition perspective is the best way to ensure we retain control of the technology as we begin to address our many emerging commercialization opportunities."
Paul Woodward, chief executive officer of Aether, commented, "We are delighted to make this formal PCT patent application; it is especially timely as we have reached the collaboration phase of commercialization, and this application will allow us to share more freely with existing and engaged partners."
About Aether Catalyst Solutions Inc.
Aether Catalyst Solutions, a clean air company, is focused on providing an order of magnitude cost reduction in automotive catalytic converter catalyst, while meeting, or exceeding, government emission standards. Aether is working to quickly advance its technology through rapid screening of new material combinations. While Aether's primary focus has been automotive applications, the company is also developing catalysts to address small motors emissions, a significant contributor to urban air pollution.