Bullboard - Stock Discussion Forum AmmPower Corp. C.AMMP

Alternate Symbol(s): AMMPF

AmmPower is a clean energy company focused on the production of green ammonia. The company is active in all facets of green ammonia technology, including the production of green fertilizers, carbon-free shipping fuel, and the ‘cracking’, or moving of green hydrogen as ammonia. AmmPower is based in Toronto, Ontario, with a research and manufacturing facility in Southeast Michigan.

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AmmPower Corp. > $AMMP announces first ammonia production at new facility

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Post by partystocker on Nov 29, 2021 1:11am

$AMMP announces first ammonia production at new facility

$AMMP announced the first ammonia production at their new Michigan facility in early November. This signifies a huge step forward towards AmmPower’s end goal of producing a fully unique, scalable, and green ammonia solution for their customers.

The production at the plant also allows the work being done to develop an ammonia “cracking” catalyst to proceed at an accelerated rate. I actually find this idea very novel. The innovative technology would allow hydrogen gas to be transported in a much more stable form as ammonia, and upon delivery, be “cracked” to release the hydrogen atoms and offload the delivery as hydrogen at the point of use.

I’ll be watching for progress announcements from $AMMP that can hopefully start to see share prices into an upswing.

$AMMP.CN closed out the week at $.57 and the company is valued at $47.15 million.

https://ceo.ca/@nasdaq/ammpower-corp-announces-first-ammonia-production-at

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